Recent news indicates the Cardano ecosystem is expanding

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Recent news indicates the Cardano ecosystem is expanding.

It appears the news suggests the ecosystem is set up to allow creators of sidechains to access and use Cardano the flexibility to be creative using their own system while having the security of the Cardano Blockchain. More information can be found here: https://cointelegraph.com/news/cardano-ecosystem-set-to-expand-with-custom-built-sidechains

Apparently this will be done by setting up a "toolkit" that will be released later in the month of January 2023. Now, I am not a great blockchain mind, but it seems to be the fact that Cardano is making it more and more likely others will use it's ecosystem will have a positive and long term effect on teh Cardano ADA price. We will see.

I wonder if part of the long term play here is to get Solana to become a sidechain on the Cardano ecosystem. It was talked about in the article above. I wrote about this in a post of my own in the past referencing Charles Hoskinson talking about that very thing around the 10th of December 2022.

Does anyone remember what happened when other ecosystems sidechains grew? The price increased.

Again, this is not investment advice for Cardano. I just love the work they are doing.  

Regulation and Society adoption

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