The crypto market isn’t fairing well today, and neither are Cardano (ADA), Tron (available on Binance) (TRX), or Litecoin (available on Coinbase) (LTC). However, the projects are all progressing – here’s how.
Cardano (ADA) is currently selling for $0.330070, which puts the coin down 5.13% in the past 24 hours.
Source: CoinMarketCapAlthough Cardano is down for the day, the coin has made incredible progress in the last month, gaining 119.20% over the past four weeks.
While not currently reflected in ADA’s price, Cardano is making developments in its project. Most recently, Charles Hoskinson signed a deal to put ETHiopia’s agri-tech sector onto the Cardano blockchain. Hoskinson and the ETHiopian Ministry of Science and Technology signed a memorandum of understanding (MOU) to instiGate this.
ETHiopia will be looking into ways to use blockchain to track coffee throughout the supply chain and for land registration to help cut down on fraud.
This move may not be having a direct impact on Cardano’s price right now, but it is still an important step for the project. It’s providing use-cases for Cardano’s blockchain and exposing more of the world to Cardano.