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· 16 Sep 2022

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Your Top 5 Cardano Ecosystem Projects to Follow

Cardano has grown phenomenally since its launch in 2017, rising by as much as 700% in a brief period of time. Cardano has had remarkable growth over the years, but due to the present state of affairs in the world and the bear market in cryptocurrencies, this coin has lost more than 60% of its value from all-time highs.
However, considering the recent announcements of fascinating projects on the Cardano network, it should not be surprising that investors are investing money into the currency.
In this post, we'll look at four fascinating projects on the Cardano ecosystem to demonstrate the range of what can be performed inside this ecosystem.
Sundaeswap (SUNDAE)
cardano-ecosystem-sundaeswap
On the Cardano blockchain, there is a decentralized exchange called SundaeSwap. It allows blockchain users to establish a market where native tokens from other users may be traded, providing liquidity. Candidates trade for a little fee, while liquidity providers profit from the deposits made by the candidates.
Similar to Uniswap, Sundaeswap is an AMM DEX that aspires to serve as both the IDO for upcoming Cardano projects and the flagship DEX for the Cardano network.
Ardana (DANA)
Stablecoin Ardana, built on the Cardano system, has decentralized exchange assets and steady liquidity. The stablecoin is excessively decentralized because to on-chain Cardano native assets and a decentralized exchange that permits exceptionally capital-efficient transactions between stablecoins.
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