Cardano Teases Major Update While Ripple's Stablecoin Soars
Cardano Teases Major Update While Ripple's Stablecoin Soars
Cardano founder Charles Hoskinson has hinted at a significant 'rare update' for the network, seeking community feedback. Concurrently, Ripple's stablecoin, RLUSD, has witnessed a remarkable surge in issuance, minting $35 million overnight and reaching $109 million in 48 hours, sparking considerable speculation about Ripple's future strategies and potential major announcements.
Cardano's Logan Update Anticipated
Charles Hoskinson, the founder of Cardano, has recently engaged the community, soliciting input for an upcoming and reportedly 'rare' update, internally referenced as 'Logan'. This development signals a potential significant enhancement or new feature set for the Cardano blockchain, indicating active progress and future innovations within its ecosystem.
Ripple's Stablecoin Gains Massive Traction
The Ripple ecosystem is abuzz following the rapid expansion of its USD stablecoin, RLUSD. A staggering $35 million was minted overnight, propelling its total issuance to $109 million within a mere 48 hours. This impressive growth is fueling intense speculation regarding Ripple's overarching stablecoin strategy and hints strongly at the possibility of major news or announcements being imminent, which could further solidify Ripple's position in the broader cryptocurrency market.