- Hoskinson teases significant but confidential developments for February, including a meeting with an undisclosed VIP, as Cardano progresses through its Voltaire phase.
- Input Output outlines ambitious plans spanning from Ouroboros Omega scaling to post-quantum capabilities, aiming to establish Cardano as a global operating system.
- ADA ($0.66)’s price has declined over 50% from its December peak of US$1.32 to US$0.57, reflecting broader market pressures from geopolitical tensions.
Cardano (ADA) has crashed over 30% in the past 24 hours amid a larger sell-off in the crypto market. Despite this, Cardano founder Charles Hoskinson says the month of February could shape up to be a good one, with several developments in the pipeline.
February is going to be a very crazy month. We got some stuff going on, I can’t talk about it now, but you’re gonna see, it’s gonna be fun.
Charles Hoskinson In a recent video, Hoskinson said that some of the developments are still under non-disclosure agreements (NDAs) and remain confidential.
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He also hinted that he is going to meet a “very special” person later on this month, again, leaving us guessing about what’s to come.
We’re still working on some of the deals that are under NDA, and meeting a very special person towards the end of the month. I can’t say who it is. February is going to be a good month. We’re getting things done.
Charles Hoskinson ADA In a Post-Quantum Landscape
However, as Cardano has moved into its final phase, Voltaire, it’s likely that news is related to that stage of the blockchain’s development. In a post by Input Output, the company shared some of the broader themes coming up.
These range from Cardano being “the world’s operating system”, to Ouroboros Omega – a scaling solution – and tokenisation.
Additionally, they revealed plans about integrating a global identity and further pushing democratisation, as well as new Hydra developments and interchain collaborations.
As per Input Output, zero-knowledge capabilities are also coming to Cardano and something they only nebulously described as a “post-quantum landscape” – which they added will “future proof blockchain infrastructure’s resilience, defensibility, security, and performance in a quantum world”.
ADA Price Falls Flat in Line with Overall Market
Whatever this really means, it sounds exciting and is no doubt welcome news to ADA holders who have missed out on some of the gains that peers like Bitcoin, Solana and XRP ($2.24) have made.
ADA managed a high of US$1.32 (AU ($9.91)$2.15) in December, which is still less than half of the all-time high of US$3.10 (AU$5.04) set in September of 2021. Since the 2024 high, the price of ADA has retracted over 50%, currently trading for US$0.57 (AU$0.93).
Source: TradingViewThe price drop is not specific to ADA, as the broader crypto market has experienced a significant slump with the start of a Trump-initiated trade war over tariffs.
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ADA holders will be looking closely at any announcements coming later in February, specifically in relation to these NDA-related topics, which could see the price bounce.
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