Big February for Cardano? Hoskinson Hints at Major Updates

• Charles Hoskinson says February will be “Very Crazy” for Cardano.
• Cardano is involved in political and technological activities.
• 54.6% of solutions on Cardano focused on addressing authenticity.

Cardano (ADA) founder Charles Hoskinson has hinted that February will be a “Very Crazy” month for the cryptocurrency project. Hoskinson made the statement in a recent video, noting that a lot is going on for the Cardano project that he can’t discuss right now.

Hoskinson’s comment did not specify where these events on Cardano are coming from, considering the many activities the blockchain solution has engaged in over the past months. Technically, Cardano hasseen upgrades, including a shift in its governance protocol, which led to a highly democratized ecosystem. Cardano launched the Plomin hard fork this week, officially moving to a fully decentralized governance model.

From a political angle, Cardano has been featured in several discussions following certain election results. Some political analysts have mentioned Hoskinson as a potential member of the new administration’s cabinet who will play a part in reshaping the crypto sector. Others think the US government plans to adopt the Cardano solution for official processes, like a technology for future elections.

Related: Cardano’s Major Upgrade: Will the Plomin Hard Fork Send ADA to $13?

In the meantime, the Cardano Foundation’s latest research has classified the projects being developed in the blockchain ecosystem into three categories. After examining all 582 solutions, the Foundation separated them into three verticals: traceability, authenticity, and sustainability. According to the research report, 30% of the projects on Cardano focus on creating transparent, immutable records to verify digital and physical assets.

The Foundation also found that 15.4% of the solutions were geared toward sustainability and supporting social and ecological initiatives, while the largest category, at 54.6%, addressed authenticity. According to the Foundation, those solutions applied secure verification methods to establish identity and legitimacy.

Related: Cardano Transitions to Full Decentralized Governance – ADA On the Rise?

Hoskinson’s comments and the various developments around Cardano have raised users’ optimism toward the project, which could signal increased adoption. However, such signs have not been reflected in ADA’s price, as trading activities remain subdued, with the crypto market experiencing minimal volatility.