Cardano has also made significant progress in this regard, and a remarkable increase in the price is evident. Cardano (ADA) price is currently at a high point of $0.090.
The crypto-market is flourishing with rapid pace, and the altcoins are striving to stabilize them. All altcoins have made advancements, and a great surge in the prices can be seen on the price charts.
ADA price is currently holding strong in the rally with the upper support found at $0.094 and the lower support levels found at $0.087.
Cardano’s approach is more scientific and systematic to advance and develop its network. The analyst Charles Hoskinson has given updates about the Cardano and elaborated that this development is remarkable and Cardano will get a lot of popularity because of this project.
A great project has been launched recently that aims to introduce some advanced features in this currency. It will be materialized in June 2019 making it all the more reason for the rally to persist in the months to come while the main net version is also speculated to be launched by the end of 2019.
Shelley project provides various latest technology upgrades like user-friendly addresses and transactions, improved security measures including Proof-of-stake, paper wallets and alike.
Before Shelley, there are former phases that should be followed cautiously which are Goguen, Basho, and Voltaire. They aim to provide wide language framework to sort out the communication issue, scalability and improves security measures.
Cardano is expending its horizon in a similar manner as Ripple. Through partnerships and mainstreaming as well as strong advancements in the technology. The Cardano Foundation membership of the Fintech Association of Hong Kong is also a part of their drive.
The current price of Cardano is around $0.090, an increase of above seven percent (7%) is evident over the last 24 hours.
The recent advancements in Cardano are appealing the investors to largely invest in this currency. If this project would be successfully materialized completely, there would be seen more increase in the price.