Cardano (ADA) Surges 45% Following Mainnet Launch Date Announcement


Cardano (ADA) saw a surge of bullish activity this week after Charles Hoskinson, the CEO of IOHK and the head figure behind the Cardano blockchain, finally provided a launch date for the much-anticipated Shelley mainnet.

According to Hoskinson, the Shelley mainnet hard fork is scheduled for July 29 with the first public staking rewards available on August 18.

Shelley’s release has been plagued by delays. The original plan was to launch the mainnet before the end of 2019, but IOHK was only able to deliver the incentivized testnet at the time.

As a result of the news, ADA has surged in price over the last 2 days and is now up over 45% to $0.08. The altcoin is currently trading at levels last seen in July of last year.

US investors looking to buy ADA commission-free can earn $25 in free BTC by signing up for the Voyager app through this link (or use code: SLUDGE25).

More: Charles Hoskinson’s Announcement
Recent: IOHK Announces Incentivized Testnet With Cardano (ADA) Rewards

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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