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Dogecoin’s new Cardinals Index Node upgrade boosts validation speeds and programmability, marking a major step in the network’s evolution.
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Analyst Dima Potts predicts a potential 37x DOGE rally as ETF inflows, institutional adoption, and technical upgrades align.
Dogecoin, the world’s most famous meme coin, is turning into something much more, a technologically advanced, programmable network. With its latest upgrade, the Cardinals Index Node, Dogecoin is taking a major leap forward in scalability, validation, and utility, a move that could redefine its role in the broader crypto ecosystem.
Analysts are already calling it a potential game-changer, with one predicting a 37x rally in DOGE’s price.
Dogecoin Makes a Big Move Toward Programmability
The new Cardinals Index Node upgrade marks one of Dogecoin’s most important technical evolutions to date. It allows anyone to run a node and validate on-chain transactions, significantly improving the network’s decentralization. At the same time, it introduces a major performance leap by enabling data indexing speeds of up to 500 milliseconds, drastically improving how quickly data can be verified and retrieved.
This isn’t just a speed boost, it’s a step toward programmable functionality similar to what Bitcoin developers are working on through recent protocol innovations. The upgrade could allow Dogecoin to host more complex operations, potentially supporting “smart contract-like” features without relying on Ethereum’s EVM or external layer-2 networks.
It’s the latest in a string of technical enhancements. Earlier this year, the Dogecoin team launched DogeOS, an experimental platform allowing developers to build decentralized applications (dApps) directly on Dogecoin’s base layer.
DogeOS already supports AI-powered financial tools and blockchain games, making the meme coin ecosystem far more versatile than before.
In addition, the OP_CHECKZKP proposal, introduced in July, seeks to implement zero-knowledge proofs (ZKPs) and zk-rollups, technologies that would make Dogecoin faster and more private while scaling securely.
Complementing these efforts, Dogecoin Foundation engineer Ed Tubbs confirmed that the network will soon integrate Trusted Execution Environments (TEEs), isolated zones in processors designed to guard sensitive operations against malware attacks.
Analyst Sees Massive Upside of Up to 37x
Crypto analyst Dima Potts believes this growing ecosystem could send Dogecoin soaring. In a recent post on X, Potts noted that DOGE has historically posted parabolic rallies whenever it breaks key resistance trendlines, with previous surges reaching 83x and 183x during earlier bull cycles. He now projects a more conservative 37x gain, which could push the token to around $11.71 by late 2025.
$DOGE $10+ DOGECOIN?! 🚀🚀
This weekly Dogecoin chart highlights its historical performance after breaking above the yellow resistance line during the final year of each prior cycle.
• In the first cycle, Dogecoin surged approximately 83x following its breakout above this… pic.twitter.com/QhO6QOGA9J
— ÐOGECAPITAL (@DimaPotts36) October 6, 2025
Fueling this optimism is rising institutional interest. The Rex-Osprey DOJE ETF has surpassed $20 million in inflows since its launch, while 21Shares recently listed its DOGE ETF (TDOG) on the DTCC platform, an early step toward full U.S. regulatory approval.
Meanwhile, reports suggest Elon Musk’s lawyer, Alex Spiro, is leading a $200 million Dogecoin Treasury initiative under the House of Doge banner, aimed at formalizing institutional DOGE holdings.
If these developments align, growing technical capability, institutional access, and ETF-backed exposure, Dogecoin may soon shed its “meme coin” label for good. With the Cardinals Index Node now live, Dogecoin’s network fundamentals are stronger than ever, setting the stage for what could be its most explosive cycle yet.