A CardanoOfficially launched thePluto V3, the third version of its smart contract language, bringing significant improvements in performance, execution cost and compatibility with industry standards. The update marks an important step in the network strategy to attract more developers and decentralized applications.
Improvements to Plutus V3
The new version of Plutus introduces compiler optimizations that reduce the scripts size by up to 40%, resulting in lower transaction fees for end-users. In addition, the update adds native support for advanced cryptographic functions, including BLS12-381 and elite matching curves, essential for privacy implementations and zero knowledge proof.
Plutus V3 also introduces a reference input model, which allows smart contracts to reference on-chain data without consuming it, improving efficiency and reducing costs for complex DeFi protocols.
Cardano’s DeFi ecosystem in growth
Cardano’s DeFi ecosystem TVL has reached $1.2 billion, driven by protocols such as Minswap, SundaeSwap and Liqwid. The Plutus V3 update is expected to accelerate this growth by facilitating the development of more sophisticated applications with better user experience.
Charles Hoskinson, founder of Cardano, pointed out that Plutus V3 represents the maturity of the network's smart contract platform. "We are providing the tools that developers need to build institutional-level applications," he said in a live broadcast.
Perspectives for the ADA
The ADA token rose 5.3% after the announcement, valued at $1.15. Analysts point out that Cardano’s success depends on the ability to attract and retain developers in a highly competitive market dominated by Ethereum and Solana. Cardano’s academic and methodological approach, although slower, continues to attract projects that prioritize security and formal contract verification.
For Brazilian investors, Cardano represents a diversification option within the altcoins segment, with an active community and a well-defined development roadmap for the coming years.