news 
**Cardano Founder Drops Major Year-End Update for ADA Holders: Details**
The year is coming to a close, and the cryptocurrency space is abuzz with excitement as various projects share their predictions and insights for the future. In this regard, Charles Hoskinson, the founder of Cardano (ADA), has recently dropped a major update that could potentially shake the market.
Firstly, it’s essential to highlight that Cardano (ADA) is one of the top 10 cryptocurrencies by market capitalization, known for its innovative approach and community-driven governance model. This makes any prediction or insight from the founder highly valuable.
According to Charles Hoskinson’s recent update, he emphasized a significant focus on **on-chain governance** in the coming year. In simpler terms, this means that the Cardano network will prioritize more decentralized decision-making processes, allowing users to participate directly in the project’s development and direction. This is a bold move, considering the vast majority of cryptocurrencies lack such features.
Furthermore, Hoskinson also hinted at the possibility of exploring **futarchic governance models**, a concept he believes has immense potential for the future of decentralized applications (dApps). Essentially, this approach prioritizes user engagement and participation to ensure the sustainability of these apps. It’s crucial to note that ADA is not the first project to explore such concepts; however, its early adoption could bring significant benefits.
The update also touched on **stablecoins**, which will see a significant expansion in the near future. By 2025, Hoskinson expects the total supply of stablecoins to double, reaching a staggering $400 billion mark. While this may not be directly correlated with Cardano’s growth, it’s essential to understand the broader implications on the cryptocurrency market.
Lastly, Charles Hoskinson forecasted that **DeFi will enter its “dividend era,”** where on-chain applications will begin distributing at least $1 billion in nominal value to users and token holders from treasury funds and revenue sharing. This could drastically alter the landscape of decentralized finance (DeFi) as we know it.
In conclusion, this update provides a glimpse into Charles Hoskinson’s vision for Cardano’s future, focusing on increased community engagement, innovation-driven governance, and an unpredictable DeFi landscape.
Source: u.today
