Cardano engineers have been doing a great job improving the token and the ecosystem, which is part of the reason for the market valuation of more than $27 billion. However, the public presale of a new crypto project is forcing Cardano developers and investors to diversify their portfolios. 1Fuel presale offers many attractive attributes and experts predict over 100x price increases after it launches. The strategic tokenomics and great presale contribute to this prediction. Cardano’s Aiken v1.1.11 Upgrade: A Boost for Smart Contracts One recent piece of Cardano news is that developers are improving the ecosystem even after the launch of Aiken 1.1.0 in 2024. Aiken, the leading smart contract language on Cardano, is responsible for 62% of all smart contract activity. The latest release, Aiken v1.1.11, will improve smart contract functionality and usability. This is one of the best Cardano news for the year, as this upgrade introduces various improvements. It will lead to features like benchmarking and Plutus Blueprint generation. Among the key modifications is the new benchmarking feature that introduces a fresh command. The main benefit will be making contract execution and testing faster and more efficient. Despite these innovations, the Cardano community is searching for better investment opportunities. According to many experts, the ongoing 1Fuel presale presents a very good investment. It could potentially increase by over 100x in the future, mainly because of great tokenomics, adoption, and great presale price. Cardano ETF Filing: A Good Move for ADA? Among the latest Cardano news, NYSE Arca, a subsidiary of the NYSE Group, has filed a proposal with the SEC. The goal of this proposal is to launch a spot Cardano ETF. The filing, made on February 10, will list and trade shares of the Grayscale Cardano Trust. If approved, this would be Grayscale’s first standalone Cardano investment product. The primary benefit for the Cardano ecosystem is increasing institutional interest and liquidity. Coinbase Custody Trust Company will serve as the custodian, while BNY Mellon Asset Servicing will be the administrator. This move comes amid growing interest in crypto-based ETFs, with Grayscale already pushing for spot Solana and XRP ETFs. The potential approval of a Cardano ETF could boost ADA’s price and adoption significantly. It will also create a positive atmosphere for Cardano news and updates. 1Fuel Presale: An Innovative Project Presents an Exciting Opportunity Cardano news aside, 1Fuel drew the attention of many investors with its presale. The platform serves as a cryptocurrency wallet and exchange. Its one-click feature allows investors and traders to make cross-chain transactions more efficiently. It also has other features like AI-powered trading and an inbuilt privacy mixer. Currently, the 1Fuel presale is in Stage 4, with 208 million tokens sold and $2.2 million raised. Investors can buy 1FUEL tokens at $0.018 before the price increases in the next round. The platform has many benefits for early investors, such as presale bonuses, cold storage solutions, and access to AI-powered trading tools. 1Fuel Tokenomics Overview The tokenomics of 1Fuel have been carefully prepared for the benefit of investors and users. This is one of the reasons why the price could record 100x gains in the future. Half of the total supply, amounting to 500 million tokens, has been allocated to the presale. So, this is an opportunity for early investors to buy the tokens at the lowest price. The community treasury holds 130 million tokens, while liquidity providers have been allocated 110 million tokens. Ecosystem incentives and the team will each receive 50 million tokens. Meanwhile, 40 million tokens will be given for staking and trading rewards. The primary purpose of this particular allocation is to help encourage user engagement and long-term holding. Conclusion As developers continue to improve their ecosystem with the Aiken v1.1.11 upgrade, they plan to introduce the spot Cardano ETF. In the most recent Cardano news, analysts say this could increase ADA’s adoption and market appeal. However, 1Fuel presents a great investment opportunity for developers and investors. The major attraction to this crypto project is its efficient cross-chain transactions and presale benefits. A great presale price of $0.018 means investors could enjoy 100x growth in the future. To get more information about the 1Fuel crypto project and the current presale: Visit Website Buy Presale Join Community Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
