Cardano Latest Update – Cardano Set to Release Commercial Infrastructure – March 16th, 2020 

  • Cardano IOHK Denies Coronavirus Delay
  • Cardano ADA Declines By 10% In A Recent Selloff

Cardano Shelley – Cardano is currently working on implementing commercial infrastructure on its network. The Cardano officials have guaranteed the public that the development is on schedule. Cardano Staking – in a recent YouTube live stream, IOHK CEO Charles Hoskinson stated that the official updates on ADA crucial commercial infrastructure should be expected in the forthcoming months, though he reassured that things are going as planned.

Cardano (ADA) Price Today – ADA / USD

NamePrice
cardano
Cardano
$0.082

Cardano Staking – Hoskinson explained that the team involved in ADA’s development are commencing to set aside funding for the planned commercial infrastructure. His official statement went thus: “Cardano commercially critical infrastructure are things that Cardano needs for it — in our view — to be competitive against other cryptocurrencies.”

Cardano Shelley – Hoskinson added that such infrastructure needs to guarantee decentralized applications like the Defi protocols works perfectly on the blockchain. He also claimed that the Jormungandr node software is about t experience an update that will allow for the easier retiring of stake pools.

Cardano Staking – Going further, Hoskinson claimed that Cardano’s development team is working effortlessly on the next update, Cardano Shelley Mainnet. He declared that the bugs reported in the Cardano Shelley testnet has been resolved over the last three weeks and the stability of the software is increasing.

CARDANO IOHK Denies Coronavirus Delay

Cardano Staking – Hoskinson recently made a press release to debunk the rumor that Coronavirus will delay the launch of the Cardano Shelley. Hoskinson was quick to term it “fake news” on Twitter. Cardano Staking – Hoskinson is quite positive for the fate of blockchain, cryptocurrencies, and decentralized finance, as he claimed they are changing how the world works. Recently, the auditor’s legal leader stated that the Cardano Foundation and the team working with IOHK’s CEO and founder, Charles Hoskinson, are largely part of the decentralized future.

Cardano ADA Declines By 10% In A Recent Selloff

Cardano Price Prediction 2020 – ADA was trading at $0.024153 in the early hours of Monday, down by 10.17% on the day. It was the largest 1-day percentage loss since March 16. The downward price movement pulled ADA’s market cap down to $633.8759 million or 0.00% of the whole cryptocurrency market cap.

Cardano Price Prediction 2020 – at its peak, ADA’s market cap was $23.91700nillion, ADA had traded in a zone of $0.024131 to $0.026967 in the previous 24-hour. Over the past 7-day, ADA has seen a decline in value as it lost 42.58%. The traded volume in the last 24-hour was $72.23612 million or 0.00% of the whole volume of all cryptocurrencies. It has traded in a zone of $0.0178 to $0.0430 in the past 7-day. ADA is still down by 98.21% from its all-time high of $1.35 established on January 4, 2018.

Ufuoma Ogono is a cryptocurrency writer with over 3 years experience in the cryptocurrency industry. She dedicates her time to sharing valuable information to members of the cryptocurrency community.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.