Cardano developers have excelled in enhancing the token and ecosystem, contributing to its market valuation surpassing $27 billion. Yet, a new crypto project's public presale is prompting Cardano developers and investors to consider diversifying their investments. 1Fuel presale boasts numerous appealing features, with experts forecasting potential price surges of over 100x post-launch. The presale's strategic tokenomics play a significant role in these predictions. The Aiken v1.1.11 Update: Elevating Cardano’s Smart Contracts Recently, Cardano developers have been advancing the ecosystem beyond the 2024 launch of Aiken 1.1.0. Aiken, the primary smart contract language for Cardano, accounts for 62% of all smart contract activities. The newest version, Aiken v1.1.11, aims to enhance the functionality and ease of use of smart contracts. This is a standout development for Cardano this year, as it brings a range of enhancements, including benchmarking and the creation of Plutus Blueprint. Key updates include a novel benchmarking feature introducing a new command, which will streamline and quicken contract execution and testing. Even with these advancements, the Cardano community is exploring more lucrative investment avenues. Many experts view the ongoing 1Fuel presale as a promising investment, with potential growth exceeding 100x, driven by robust tokenomics, adoption, and an attractive presale price. Cardano ETF Proposal: Beneficial for ADA? In recent Cardano news, NYSE Arca, part of the NYSE Group, has submitted a proposal to the SEC to introduce a spot Cardano ETF. Filed on February 10, this proposal aims to list and trade shares of the Grayscale Cardano Trust. If sanctioned, this would mark Grayscale’s inaugural standalone investment product for Cardano. The main advantage for the Cardano ecosystem would be an influx of institutional interest and liquidity. Coinbase Custody Trust Company is set to act as the custodian, with BNY Mellon Asset Servicing as the administrator. This initiative aligns with the rising interest in crypto-based ETFs, with Grayscale also advocating for spot Solana and XRP ETFs. Approval of a Cardano ETF could significantly enhance ADA’s value and adoption, while also fostering a favorable environment for Cardano news and updates. 1Fuel Presale: A Cutting-Edge Project with Promising Potential Beyond Cardano developments, 1Fuel has captivated numerous investors during its presale. The platform functions as both a cryptocurrency wallet and exchange, featuring a one-click option for seamless cross-chain transactions. Additional features include AI-powered trading and an integrated privacy mixer. Currently in Stage 4, the 1Fuel presale has seen 208 million tokens sold and $2.2 million raised. Investors can purchase 1FUEL tokens at $0.018 before the price elevates in the upcoming round. The platform offers early investors several advantages, such as presale bonuses, cold storage solutions, and access to AI-driven trading tools. Understanding 1Fuel Tokenomics The 1Fuel tokenomics are meticulously designed for the advantage of both investors and users, playing a crucial role in the potential 100x price increase. Half of the total 1 billion token supply, equaling 500 million tokens, is designated for the presale, providing early investors the chance to acquire tokens at the most favorable price. The community treasury holds 130 million tokens, and liquidity providers have been allocated 110 million tokens. Ecosystem incentives and the team will each receive 50 million tokens, whereas 40 million tokens are set aside for staking and trading rewards. This allocation strategy is intended to promote user engagement and long-term retention. Final Thoughts With the introduction of the Aiken v1.1.11 upgrade, developers are poised to roll out the spot Cardano ETF. Recent insights suggest this could enhance ADA’s market appeal and adoption. Conversely, 1Fuel offers developers and investors a compelling investment prospect. The project’s appeal lies in its efficient cross-chain transactions and the advantages of its presale. An enticing presale price of $0.018 suggests investors might witness a 100x growth in the future. For more details on the 1Fuel crypto project and the ongoing presale: Visit Website Buy Presale Join Community
