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Cardano Ecosystem

HeraldSheets

05/10/2021

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Interest In Cardano (ADA) Surging In Netherlands, Ireland, and Australia

Cardano (ADA) continues to gain prominence across the world with steady development within the ecosystem. Input Out Global (IOG), the team of developers behind Cardano, has been working hard to bring real-world applications to the blockchain project. Data provided...

Interest In Cardano (ADA) Surging In Netherlands, Ireland, and Australia

Cardano (ADA) continues to gain prominence across the world with steady development within the ecosystem. Input Out Global (IOG), the team of developers behind Cardano, has been working hard to bring real-world applications to the blockchain project.

Data provided by Google Trends, which analyzes the popularity of queries on Google search results, show that there has been an increased interest in “Cardano news” over the past couple of months.

Read Also: Cardano Creator: 5th-8th Place in a Starcraft Tournament a Decade Ago Received 25 BTC worth $1.4M Today

According to the data, interest in Cardano news started surging in January. It later hit a peak on 14th March 2021.

Google Trends also revealed that the country with the most interest in Cardano (ADA) is the Netherlands, followed by Ireland and Australia.

Courtesy of Finbold

Read Also: Cardano Nominated For Blockchain Solution of the Year by AIBC Awards

How Cardano (ADA) Steadily Gained Its Popularity

Cardano (ADA), the fifth-largest cryptocurrency by market cap, started gaining traction when the community was preparing for the widely publicized Mary protocol upgrade, which transformed Cardano into a multi-asset blockchain.

This led to a huge price appreciation that took ADA beyond $1, making it a cryptocurrency to watch for many crypto newbies and members of the crypto community.

Cardano’s vision/mission in Africa has also been contributing vastly to the increased interest in the blockchain project and its native token ADA.

Read Also: Elon Musk’s Tesla Acquires $1,500,000,000 Worth of Bitcoin (BTC)

A couple of days ago, IOG confirmed a partnership with Ethiopia’s Ministry of Education to create a blockchain-based national ID and attainment recording system.

The report clearly stated that the partnership will bring about the largest blockchain deployment in the world, due to the fact that it will involve over 5 million students and 750,000 teachers.

A few days later, IOG announced another partnership with World Mobile to build a new mobile network in Tanzania, which will serve thousands of people in the region.

These and other factors have been aiding the popularity of Cardano (ADA) across the world, impacting its price to new all-time highs in the process.

Read Also: Google Trends: Search Interest for “Ethereum” Hits All-Time High. Price ATH Incoming?

Cardano (ADA) in the Market

On Sunday, the digital token ADA surged, bringing Cardano back to the company of the largest coins in terms of market capitalization.

ADA surged 14% to reach $1.83 on major exchanges, which represents a new all-time high. At press time, Cardano (ADA) is trading at $1.76, a 1.83% price increase based on 24 hours estimation.


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ORIGINAL SOURCE

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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