Cardano April Update: Up 53% Over Past Month On New Developments and Exchange Listings

A string of recent developments has seen Cardano continue to assert its position as a cardinal cryptocurrency, giving its holders every reason to turn their fling into a long-term relationship.

While lacking the industrial hype of a corporate project, the scholarly Cardano has gone from strength to strength since its September 2017 launch.

Carrying on from his work on Ethereum, Charles Hoskinson set out to offer a superior smart contract platform - a blockchain sufficiently equipped to deliver scalability, interoperability, and sustainability: Cardano.

Through its unique layered architecture and peer-to-peer academic foundation, Cardano has achieved immense success since its September 2017 launch.

The purist might consider Cardano a "Whitepaper project" at its finest, deriving value not from its current state, but from its ambitious roadmap and remarkably qualified team - similar to the more established EOS. Despite the project's infancy, Cardano's native token has accumulated a formidable momentum - up more than 50% in April - following a stream of crucial exchange listings and technological developments.

Huobi issued a healthy dopamine hit to ADA holders on April 16th, announcing the listing of Cardano on their monolithic Beijing-based exchange.

As one of the largest Chinese cryptocurrency exchanges, Huobi's inclusion of Cardano can be considered a seemingly impossible victory for the decidedly western blockchain project.

As the world's largest cryptocurrency exchange, the Binance announcement was timed perfectly to cement Cardano's standing as a favorable trading asset.

In the face of ferocious competition, Cardano's rapid evolution has left the unbeatable for dead. Even the Etherum-faithful can respect Cardano's hypersonic progress - having raked in a $7 billion market cap in but months - and securing exchange listings sufficient to establish ADA as an integral trading commodity.

Where projects achieve outrageous success without substance, Cardano turns heads for its uncanny ability to deliver - egged on by the project's democratic processes and erudite development team.