Cardano could rise to become the industry leader for NFTs thanks to an array of developments on the network.
Smart contract functionality and growth metrics over the last six months are indicators for Cardano to become the new NFT capital.
NFTs transaction volumes have taken a major hit over the last six months but enthusiasts are still hopeful.’
Non-fungible tokens (NFTs) have found a home in Ethereum and Solana over the last year but one NFT analyst thinks Cardano could edge out the competition in the near future.
Cardano has NFTs in its sights
Goofy Crisp, an NFT enthusiast has expressed faith in the Cardano network to become the cynosure of NFTs in the future. According to him, Cardano’s activity has exploded after just 9 months of enabling smart contract capabilities. Since then, 5.3 million tokens are live on the blockchain while 1017 projects are in development.
A third of the projects in development revolves around NFTs and at the moment, Cardano ranks third in terms of NFT...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...