{"id":558216,"date":"2024-07-29T14:14:05","date_gmt":"2024-07-29T14:14:05","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=558216"},"modified":"2024-07-29T14:14:05","modified_gmt":"2024-07-29T14:14:05","slug":"cryptocurrency-trends-in-2024","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/cryptocurrency-trends-in-2024","title":{"rendered":"Cryptocurrency Trends in 2024"},"content":{"rendered":"
Cryptocurrency is always changing, and 2024 is no different. This year, Cardano, Ethereum and Solana are the ones to watch. They’re pushing boundaries and showing real growth.<\/p>\n
Cardano (ADA) has been on a roll. Over the past year, it’s seen a whopping 24.8 million more transactions. That’s a lot of people jumping on board. Plus, over 40 new projects have popped up, making Cardano’s network even more lively.<\/span><\/p>\n Developers love Cardano too. The number of native tokens has shot up by 2.9 million. And let’s not forget the 6,687 new smart contracts. These are the building blocks for all sorts of decentralized apps.<\/span><\/p>\n 2024 is set to be a big year for Cardano with some major upgrades on the horizon. The first upgrade, happening between Q2 and Q3, will roll out new governance features, giving the community more power in decision-making.<\/span><\/p>\n The second upgrade, slated for Q3 to Q4, will bring in full “minimum viable on-chain governance” as outlined in the Cardano Improvement Proposal (CIP-1964). This is a big deal for setting up a solid governance framework, letting users shape the network’s future.<\/span><\/p>\n Also, keep an eye out for the Chang Fork event in 2024. This will be Cardano’s first hard fork, bringing advanced scalability, faster transactions, and beefed-up security. These improvements could take Cardano beyond just cryptocurrencies, into areas like healthcare, finance, and supply chain management.<\/span><\/p>\nFuture of Cardano in 2024<\/b><\/h2>\n
Upcoming Upgrades and Innovations<\/b><\/h3>\n