- Cardano is Way Ahead of Schedule for the Shelley Mainnet Launch and There is a Chance That it Will go Live Ahead of Schedule
- Cardano ADA’s Price is Struggling Against the USD Despite the Shelley Hype
Cardano News Today – After five years of hard work, Cardano is finally ready to move to its final era, the 100% decentralized era. According to the latest report from IOHK, the Cardano development team might launch the Shelley testnet earlier than scheduled. Long ago, when Cardano released the roadmap, it showed a clear line of how things would work from the development and release of different parts of the blockchain, the integration of Shelley on the testnet, and the eventual launch of Cardano Shelley on the Cardano mainnet. Now, all that is left is a migration from the testnet to the mainnet.
Cardano News Today – Cardano Shelley Will Most Likely be Released Ahead of Schedule
Earlier in the year, the Cardano development team said that Shelley would be released on the mainnet before the end of summer. Ahead of this release, they have already started testing the hard fork combinator on one of their private networks. As soon as they get a suitable candidate, they will release a public version for testing. Regarding the upcoming upgrade, IOHK said;
Cardano (ADA) Price Today – ADA / USD
“The eagle-eyed among you may have previously spotted 23rd June as a date in our Shelley rollout calendar. Indeed. This is an exciting week as we accelerate towards mainnet deployment, later this summer. TL;DR – lots going on & so far all. Today, we have tagged a new node release (1.14.0). We are now doing some internal testing and QA on this mainnet candidate before we share details to pool operators tomorrow; as this is a breaking change, we’ll be respinning the network. We’re also continuing to test the hard fork combinator (along with new features like VRF) on a private network cluster environment. We’ll test this privately a few more times, then make a public network available so you can see it for yourselves.”
Cardano Price Prediction – Cardano ADA Price Stalls Despite Upcoming Shelley Mainnet Launch
Cardano spent the past two months trending bullish against the USD. The token managed to move from $0.048 lows to $0.093 highs. Shortly after testing this level, the token started sliding lower against the USD until it got to its current level at $0.184811. It is down by 1.78% against the USD but up by 0.48% against Bitcoin BTC. The trading volume over a 24 hour period is $1,150,746,194 and the market capitalization is $8,179,311,931.
Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.