Cardano was launched in 2017. It is a blockchain platform that uses a fraction of the energy of Ethereum and Bitcoin, processes transactions faster, and has mapped out five stages that will lead to the ultimate goal: becoming a truly self-sustaining decentralized system. Developers can even host other apps and digital currencies on the platform.

The platform has recently launched smart contracts and now its work is focused on the last stages of development.

According to the study, these actions show great potential for Cardano to stand out in the long term, even if the team behind this platform sometimes tends to be a little slow to release new features.