The cryptocurrency celebrates its 5th anniversary and looks back on eventful weeks. The bear market currently ensures that little is happening with the ADA rate at the moment. Nevertheless, founder Charles Hoskinson looks optimistically into the future, because there should be more exciting changes in the coming months: In 5 different development phases, the blockchain is to be improved in certain areas.

Right now, Cardano is in transition to the next development phase called Basho. In Basho, the scalability of the Cardano Blockchain will be increased. In the process, Cardano should be able to execute up to 100,000 transactions per second. This could make it the fastest blockchain on the market.