What is the use of Cardano?
The cardano blockchain can be used to build smart contracts, and in turn, create decentralized applications and protocols. Additionally, the ability to send and receive funds instantly through, for minimal fees, have many applications in the world of business and finance.Many experts believe Cardano is an undervalued investment with significant growth potential in the coming years due to its wide range of applications. The project’s innovative approach, strong community support, and prospects for future expansion have garnered attention.Cardano’s holders realized large volumes of losses on Tuesday, on-chain data shows. If holders continue to shed their ADA holdings, the Ethereum-alternative token could crumble under selling pressure.