Cardano [ADA] now has $7 million in native tokens, but…

Charles Hoskinson, the founder of Cardano, foresaw the evolution of the blockchain in 2020. “Hundreds of assets, thousands of dApps, tonnes of intriguing initiatives, and lots of originality and utility,” was his prediction.While the number of native tokens on the blockchain has exceeded expectations in terms of assets, Cardano hasn’t yet caught up in terms of dApps.

It is important to note that since the platform’s formal launch of the Vasil hard fork upgrade on 22 September, the number of Cardano smart contracts increased. The hard fork aims to increase the scalability of the DeFi network.

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