Cardano Roadmap Update Due to Come

According to the Cardano countdown clock the next roadmap update will be released on April 5 of 2018
24 March 2018   406

Cardano is an open source decentralised public blockchain and cryptocurrency project, which is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. The development team consists of a large global collective of engineers and researchers.

The Cardano roadmap is regularly updated, and its countdown clock is indicating the next release. According to the countdown clock, the next update will be released on April 5, 2018.

Cardano Roadmap Update Countdown at the moment of pressCardano Roadmap Update Countdown at the moment of press

For instance, exchange enchancements are currently 80% developed as they are being made to increase performance rates for Cardano exchange partners, and multi-signature transactions in Cardano, which will allow Daedalus to support wallets that are shared between multiple people with joint control of the funds, are developed 35%.

At the moment of press, these are main market parameters of Cardano:

Average price: $0,189289
Marketcap: $4 907 709 255
24h volume: $142 178 000

Cardano Surges as Binance Lists ADA

In one day Cardano rose more than 22% compared to the peak and by 75% for the week
17 April 2018   1220

Cardano attracts increased attention from cryptocurrency traders again: in the last 24 hours, ADA accounted for about 5% of the total trading volume. For one day, the ADA rose more than 22% compared to the peak and by 75% for the week.

ADA chartsADA charts

Let’s find out the possible reasons for this growth.

Binance and Huobi.pro list Cardano

The reason for this was the listing of Cardano on major exchanges. Yesterday, the addition of ADA was announced by Huobi.pro, and today it was joined by Binance, where Cardano is the third largest in the volume of trading in cryptocurrency and goes right after Verge.

BinanceBinance lists ADA

In the coming days it will become clear what inflow of USDT should be expected in the Cardano market, as Binance is one of the largest holders of USDT, and its reserves are sufficient for distribution outside the bitcoin market.

Even more interesting is that the growth occurs against the backdrop of increased trading volumes, which have not been outstanding for several weeks.

Cardano partners with Emurgo 

The growth of the ADA course could have been facilitated by the announcement of an agreement with the Emurgo project.

EmurgoCardano partners with Emurgo 

Emurgo is venture capital company who provides entrepreneurs and businesses with the resources to realize their ideas on the Cardano Blockchain. Its core mission is to develop, support, and incubate commercial ventures and help integrate these businesses into Cardano’s (ADA) decentralized blockchain ecosystem.

Upcoming release of Cardano 1.2

In addition, the interest of enthusiasts is partly fueled by the upcoming release of the Cardano software version 1.2. Earlier, the project head Charles Hoskinson wrote that the new version will be released in mid-April after improving performance and eliminating bugs.

Cardano 1.2Charles Hoskinson announces the release of Cardano 1.2

Cardano is currently trading at $0,2 with the volume at the moment of the press is $620 402 000. ADA is placed at the 7th position with a market cap of $6.5 billion.