- Graph Blockchain (GBLC) is confident with its position in Cardano’s ADA token after an almost 80 per cent gain
- The company experienced the gain since first acquiring the token on March 29, 2021 and has conviction that the trend is likely to continue
- ADA’s price appreciation is due to its community support, rooted firmly in Cardano’s core values of scalability, interoperability and sustainability
- The company believes that Cardano may facilitate the mass adoption of decentralized blockchains in 2021
- Graph Blockchain is a proof of stake miner that focuses on altcoins, alternative cryptocurrencies to Bitcoin and Ethereum
- Graph Blockchain (GBLC) is trading flat at $0.105 per share
Graph Blockchain (GBLC) is confident with its position in Cardano’s ADA token after an almost 80 per cent gain.
The company experienced the gain since first acquiring the token on March 29, 2021 and has conviction that the trend is likely to continue.
ADA’s price appreciation is due to its community support, rooted firmly in Cardano’s core values of scalability, interoperability and sustainability. These values come to life in Cardano’s focus on increasing social mobility in Africa and its dedication to decentralization and transparency.
A recent example is Cardano’s partnership with the Ethiopian government to create a blockchain-based system to track student performance in 3,500 schools. The aim is to create employment and higher education opportunities for the 81 per cent of Ethiopia’s population living in rural regions.
Graph believes that 2021 may see smart contract platforms facilitate the mass adoption of decentralized blockchains and that Cardano is widely held to be the project to accomplish this goal.
Paul Haber, CEO of Graph Blockchain, commented,
“We believe strongly in Cardano and its token, ADA, their developers and community. The proof of stake approach that Cardano has implemented is the future of the crypto ecosystem and solves a number of problems with proof of work consensus algorithms, including the environmental issues that have received so much attention as of late.
Cardano will no doubt be a long-term contributor to the crypto space and this new all time high is well deserved. We are proud to have Cardano on the list of projects that we own and support.”
Graph Blockchain is a proof of stake miner that focuses on altcoins, alternative cryptocurrencies to Bitcoin and Ethereum.
Graph Blockchain (GBLC) is trading flat at $0.105 per share as of 9:30 am ET.
