Crypto Weekly Roundup; ADA To Break Out From Stagnation As CEO Charles Hoskinsons Gets Ready To Tour Africa

Two weeks after The Cardano Summit, Hoskinson’s absence is coming to an end and from now his near-future attention will shift to visiting multiple African countries in order to meet potential new business clients and partners that could possibly be next in line to get involved with the 3rd largest blockchain ($71.5B in market cap compared to Bitcoin’s $1038B) and one that has already seen some impressive growth of its ecosystem this year and especially since the smart contracts were finally rolled out. As of today, a month after the Alonzo upgrade, Cardano is able to boast partnerships with an imposing number of projects in a vast variety of areas including: DeFi, Payments, IDOs, NFTs, AMM, Stablecoins, Oracles, Insurance – the list goes on and on.

Ethereum Network Growth Shows Massive Spike: Here Are Reasons

While Bitcoin moves through strong resistance at $55,000 like a knife through butter, Ethereum is consolidating in the $3,500-$3,600 zone for five days in a row. But while the price action on the second-biggest cryptocurrency stagnates, Santiment on-chain data shows significant growth on the network, which can be tied to the increasing popularity of both the DeFi and NFT industries once again.

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