Cardano (ADA) Seeing The Light At The End Of The Tunnel
Cardano (ADA) is a well-known name in the crypto space, however, most of its popularity gained are as a result of a failure in the market. Cardano has undoubtedly recorded a very rough past, but recent happenings suggest a comeback.
Software Update for Cardano
March 27 saw Cardano announce the release the Cardano 1.1.0 software update. The update is the first major software release of Cardano since the MainNet launch in September.
The update release contains a lot of important fixes to the numerous bugs found in the initial release, like the popular issue of many users faced with getting stuck at the “Connecting to network” screen, bug fixes were also made to the slowing in syncing to the Cardano network at 99.9%.
A set of new features were integrated into the update for a better user experience. Daedalus can now detect when a user’s machine is out of sync with global time, a new “Support Request” feature that enables users to report problems directly from Daedalus was also added among others.
The Next Major Item on Cardano’s (ADA) Roadmap for 2018
The next big thing for Cardano in 2018 is SHELLY. Shelly is focused on ensuring that the key elements (that Byron established) are in place so that the technology would evolve into a fully decentralized and autonomous platform. With Shelly, Cardano is looking to become fully decentralized.
The Shelly program is set to start its run from the Q2 of 2018 throughout Q3, starting with the delegation and stakepool testnets. For now, most details of the Shelly program are still in house but has already been made official.
Cardano Launches at Centra Wallet
Cardano (ADA) announced its launch on Centra Wallet on the 28 of February. The partnership between Cardano and Centra Wallet now makes Cardano a spendable asset almost anywhere in the world and goes on to show that more players believe in the future of Cardano. Remember that you can also convert your ADA coins to fiat currency too.
Cryptocurrency G20 Results
The conclusion of the first G20 meeting for cryptocurrencies ended on a good note as conclusions were in favor of Cardano users, and all cryptocurrency users alike.
Price and Status of Cardano (ADA)
Cardano remains one of the biggest digital assets in the market today, although it doesn’t impress much in the value department. As at press time, Cardano (ADA) maintains its 7th position in the cryptocurrency ranking with a market cap of $4,013,795,717 (USD) and a $61,378,600 (USD) 24 hours trading value.
When it comes to the price of assets, Cardano has a lot of catching up to do to seal its place in the list of top altcoins. As at the time of this writing, the ADA is trading at a dismal $0.15 USD apiece. The last time ADA traded above $1 was back in the early days of January, since then, it has drooped slowly to its current position.
Future of Cardano
Cardano (ADA) may have been regarded as a dead currency, but increasing demands on the digital asset in the last few weeks (mainly due to its adoption into Centra Wallet) has sparked fresh excitement among ADA faithfuls. Cardano may have been dead a few months ago, but a comeback looms around the asset.