Cardano Genesis Block Was Minted This Day 8 Years Ago

On September 23, 2025, the Cardano (ADA) blockchain reached a major milestone, celebrating eight years since the creation of its first block. For 2,923 days, the blockchain has run without downtime or successful hacks. This shows the strength of its design, security, and long-term vision.

Built for Long-Term Success

This milestone was shared in a recent X post, with community members reflecting on how Cardano has grown to become a successful blockchain project. 

Cardano was developed with careful planning. Its founder, Charles Hoskinson, adopted a scientific approach instead of rushing to bring it to market. Every step went through peer review, research, and testing. This gave Cardano a stable base for growth.

Today, the network has handled millions of transactions, supported thousands of decentralized apps (dApps), and grown into a multi-billion-dollar ecosystem. It has also built a strong global community, all without any downtime.

Cardano has also been one of the most active projects in blockchain development. In both 2021 and 2022, its Proof-of-Stake (PoS) open-source ecosystem ranked first in development activity. This comes as the ecosystem has been leading blockchain development continuously for several months.

Cardano’s Upgrades and Governance Set Path for Long-Term Growth

Cardano has rolled out a series of system updates that have steadily improved its network’s capabilities, an ambitious roadmap that is pushing the network to a Voltaire era. 

The Chang hard fork, rolled out in June 2024, started the Voltaire era. This upgrade set the stage for decentralized governance, giving the network the power to make decisions together. It also allowed ADA holders to directly take part in guiding the project’s future.

At the core of Cardano is its proof-of-stake consensus protocol, Ouroboros Peras, which introduced stronger scalability and efficiency features. 

It allows the blockchain to process more transactions per second while keeping energy consumption low. These upgrades have set Cardano up for strong growth by making the network more open, faster, and efficient. 

Hoskinson Predicts Cardano Will Surpass Bitcoin and Ethereum

Speaking at an event in 2024, Hoskinson made a bold statement. He believes Cardano will surpass the Bitcoin and Ethereum networks within the next 10 years. As the Layer-1 network grows, Hoskinson predicts it will become the foundation for major global infrastructures.

In this digital era, Bitcoin has become the largest store of value, and Ethereum is seen as the face of blockchain innovation.  Hoskinson argued that Cardano’s upgrades, governance system, and focus on growth could help it eventually surpass both Bitcoin and Ethereum. 

More governments and major organizations are also starting to trust and use Cardano’s network, which could increase its adoption. As Cardano marks its eighth anniversary, it has proven to be one of the most reliable blockchains worldwide. 

With a strong community, growing adoption, and constant innovation, Cardano is well-positioned for big growth in the years ahead.

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