Cardano Shelley Testnet Is Coming Soon, How High Will ADA Go After The Activation Of Shelley? Charles Hoskinson Speaks

Cardano Shelley – The entire Cardano community has been waiting for Cardano Shelley upgrade. Almost every Cardano news since the beginning of the year has been centered around how the Cardano Shelley upgrade is going to change the game for the Cardano blockchain and ADA token. According to the co-founder of Cardano, Charles Hoskinson, the Cardano Shelley upgrade is going to make the Cardano blockchain 100X more decentralized than Bitcoin. Since decentralization is the core principle of blockchain technology, the activation of Cardano Shelley has what it takes to bring the blockchain to global adoption and boost the Cardano price prediction.

Cardano Shelley Testnet – Cardano Price Prediction: Cardano News Today – Charles Hoskinson Gives a Speech Ahead Of The Testnet

The Cardano team ought to have launched the Cardano Shelley upgrade before now. Per our previous Cardano news, the launch has been delayed repeatedly. It has even become a reason for concern among members of the Cardano community. This time, however, it seems like everything is finally in place and the team is getting ready to launch the Cardano Shelley Testnet. Recently, the Hoskinson took to his official Twitter handle to announce that they were ready for laugh. In his words;

“Getting ready for the self-node testnet https://github.com/input-output-hk/jormungandr/releases/tag/v0.1.0 And https://github.com/input-output-hk/cardano-wallet … are almost together”.

 

The Cardano Shelley Testnet Is going to be activated in June and would be used only by a few developers. After they have confirmed that it is functioning properly, it would be deployed on the mainnet in August. The Cardano Shelley will use the Ouroboros Genesis proof-of-stake consensus mechanism. While it is similar to Bitcoin’s proof-of-work protocol, it will serve as a host for developing decentralized applications and smart contracts.

 

Cardano News Today – Cardano Shelley And The Cardano Price Prediction – Cardano Current Price

At the time of writing, the price of Cardano ADA was $0.093976. This means that it is down by 0.30% against the USD and up by 1.47% against the price of BTC. The trading volume over a 24 hour period is $215,295,819 and the market capitalization is $2,436,532,856. There is a high chance that the price of Cardano ADA will rise as high as $1 before the end of the year and $20 before the end of next year.

Cardano (ADA) Price Today – ADA / USD

NamePrice
cardano
Cardano
$0.041-2.19%

When an updated roadmap of Cardano was released in January, the price of Cardano spiked significantly against the USD and against Bitcoin. It was able to enter the top 10 position on Coinmarketcap.com. Since then, the price of Cardano ADA started correcting lower against the USD and against the price of BTC. It eventually lost the 10th position and has been on a sideways trend since.

What do you think about the Cardano price prediction 2019 in our Cardano news today? Share your thoughts in the comment section below.

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.