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Cardano Blockchain Releases Update to Enhance Network Communication

The move will ensure network uptime and stability and improve overall resilience, Cardano said.

Updated Mar 17, 2023, 2:59 p.m. Published Mar 17, 2023, 11:54 a.m.
(Danny Nelson/CoinDesk)
(Danny Nelson/CoinDesk)

The Cardano blockchain released its new node version v.1.35.6, which comes with functionality called Dynamic peer-to-peer (P2P) networking.

  • The upgrade is designed to ensure network uptime and stability and improve overall resilience – or the ability of a network to provide and maintain an acceptable level of service in the face of faults and challenges to normal operations.
  • There are two ways to configure a Cardano node – either as a block-producing node or as a relay node. A block-producing node is responsible for producing blocks on the blockchain, while a relay node communicates with other relays and broadcasts blocks from block-producing nodes.
  • Dynamic P2P enables bidirectional usage of each connection, simplifying communication and increasing network resilience against failures or malicious behavior.
  • Although available Cardano's main network, the dynamic P2P functionality will be tested over the next few weeks by the Cardano code maintainer IOG and the Cardano Foundation to ensure a smooth rollout.

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

What to know:

  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Solana’s new phase is ‘much more about finance,’ says Backpack CEO Armani Ferrante

Backpack CEO Armani Ferrante (CoinDesk)

The Solana ecosystem has spent the past year doubling down on a financial infrastructure, Backpack CEO Armani Ferrante told CoinDesk.

What to know:

  • Solana’s latest phase looks a lot less flashy than its memecoin-fueled highs, and that may be the goal.
  • Armani Ferrante, CEO of crypto exchange Backpack, told CoinDesk in an interview the Solana ecosystem has spent the past year doubling down on a more sober focus: financial infrastructure. A
  • fter years of experimentation as the wider crypto industry focused on NFTs, games and social tokens, attention is now shifting back toward decentralized finance, trading and payments.