- Charles Hoskinson has highlighted a number of upgrades on Cardano.
- Mary Hard Fork will enable users to create custom tokens.
- Upcoming developments lead to a significant ADA price surge.
Charles Hoskinson, the CEO of IOG, has highlighted a number of upgrades that are expected to launch on the Cardano (ADA) network in 2021.
However, Hoskinson made this in response to a user’s curiosity on Twitter after delivering one of his typical video updates. Moreover, the Cardano platform will certainly invite smart contracts, Voltaire, full prism integration, and huge loads of DApps, as per Hoskinson.
For 2021? Sure, smart contracts, Voltaire, lots of hydra action, full prism integration, DCF, cardano 2025 approved by the community, ouroboros Omega published, IELE with mainstream languages, tons of DApps, Daedalus 2 and mobile, hundreds of tokens on Cardano. I miss anything?
— Charles Hoskinson (@IOHK_Charles) February 20, 2021
Additionally, Cardano’s African government deal is coming soon, Hoskinson mentioned in the thread of tweets.
Cardano released the new version of Daedalus wallet with Mary mainnet deployment-ready features. According to an update released by Hoskinson, Mary Hard Fork will enable users to create custom tokens on the Cardano blockchain that is around the corner.
Cardano (ADA) Price Prediction
According to CoinGecko, the ADA price is at $1.12, at the time of writing.
As per the chart above, ADA shows a bullish trend. Similarly, if the trend continues, ADA will run along with the bulls, overtaking its $1.2 resistance level and climb higher to $2. Conversely, if the investors turn against the cryptocurrency, the bears might take over. Thus, the ADA price might plummet to almost $0.0012, a bearish signal.
Meanwhile, the Relative Strength Index (RSI) is already in its oversold state. Moreover, traders need to be careful since ADA might trigger a major price reversal.
Furthermore, Cardano’s upcoming developments have been attributed to the significant price surge of the digital token ADA.