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Cardano Foundation Unveils PRAGMA: A Fresh Era in Open-Source Blockchain Innovation

Cardano Foundation Unveils PRAGMA Initiative

The Cardano Foundation recently introduced PRAGMA, a strategic initiative aimed at advancing open-source development in the Cardano blockchain ecosystem and beyond. PRAGMA, a nonprofit organization, has partnered with key players in the industry to establish a robust blockchain ecosystem for Cardano and other blockchains.

Cardano PRAGMA’s Vision and Launch

PRAGMA has officially begun its operations in Zug, Switzerland, marking a significant milestone as it enters a new market and expands its global presence. The initiative actively supports a diverse range of open-source projects, including both established and emerging ones. Projects like Aiken and Amaru are being promoted, focusing on smart contract development and building a full node in Rust, respectively.

Open-Source Collaboration for Blockchain Advancement

With the core focus on the Cardano PRAGMA initiative, the Cardano ecosystem aims to grow its developer community by 2025. This strategic expansion is set to enhance Cardano’s presence in the open-source blockchain community, providing developers with more opportunities to contribute to the ecosystem’s development.

Cardano’s current price stands at $0.503, showing a slight decrease of -1% in the last 24 hours. However, over the past week, the price has experienced significant growth of 8.50%.

Ian Bennett
Written By

Ian is a cryptocurrency enthusiast blending humor with professionalism. With an engineering background and a storyteller's heart, he simplifies the blockchain world with sharp analysis and a touch of wit. At Cryptowire, he brings his unique perspective to make digital financial innovation accessible to all.

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Last 24 Hs

Name Price24H (%)
Bitcoin(BTC)
$104,889.00
2.49%
Ethereum(ETH)
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5.61%
XRP(XRP)
$3.16
0.97%
Tether(USDT)
$1.00
0.04%
Solana(SOL)
$261.77
5.58%
BNB(BNB)
$686.17
0.28%
Dogecoin(DOGE)
$0.356683
1.05%
USDC(USDC)
$1.00
-0.01%
Cardano(ADA)
$1.00
3.03%
Lido Staked Ether(STETH)
$3,383.19
5.48%

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