Rewards Hub Grayscale Investments has commended Cardano (ADA) for its flexibility and scalability, following its inclusion in the Grayscale CoinDesk Crypto 5 ETF (GDLC). The ETF, launched in September, features major cryptocurrencies including Bitcoin, Ethereum, XRP, Solana, and Cardano, providing U.S. investors with access to these assets in traditional financial markets.
Grayscale highlighted Cardano's proof-of-stake mechanism and its recent achievement of testing one million transactions per second with the Hydra scaling solution. This development underscores Cardano's growing stability and potential within the cryptocurrency ecosystem.
Grayscale Praises Cardano's Scalability in GDLC ETF
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.