Cardano is experiencing significant growth following notable developments within its network, including scaling efforts with the release of the first mainnet-compatible Hydra node version and the commencement of Voltaire workshops.

The team responsible for making decisions also worked to improve the Ouroboros Genesis design, and the Daedalus team completed work on the proxy server, guaranteeing ADA conversion rates from the CoinGecko API are dependable.

Cardano is now home to 1,242 active projects in various development stages, collectively processing 66.7 million transactions, highlighting the platform’s growing popularity and widespread use. These developments are bullish for the entire ecosystem, and Cardano could offer a robust infrastructure to foster innovation in the decentralized ecosystem.