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BCH $450.92 (2.66%)
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BNB $293.22 (1.39%)
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DOGE $0.19 (1.24%)

Charles Hoskinson Highlights Cardano’s Upcoming Upgrades

Charles Hoskinson Highlights Cardano's Upcoming Upgrades
  • 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.

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.

Cardano (ADA) Price Prediction

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.

Crypto trading has enticed Alyssa Wiselin to write for CoinQuora. She consistently contributes news and feature articles. She has covered several different blockchain and crypto niches, especially altcoins.