How Does Cardano’s Development Roadmap Impact ADA’s Value?

How Does Cardano’s Development Roadmap Impact ADA’s Value?

Blog Article

Cardano follows a structured roadmap divided into five phases: Byron (foundation), Shelley (decentralization), Goguen (smart contracts), Basho (scalability), and Voltaire (governance). Each phase introduces critical upgrades that enhance network functionality. For example, the Alonzo upgrade enabled smart contracts, significantly boosting Cardano’s DeFi ecosystem. As Cardano advances through its roadmap, investors often anticipate price movements. Monitoring the ADA price can provide insights into how these upgrades impact market sentiment.