Today , most of crypto showing bearish / red movement following BTC after Elon Musk announce that they ll stop receiving TESLA payment using BTC because usage of fuel fossil for BTC mining and transaction.
With bearish movement of other crypto , CARDANO still stay at their range price at 1.81 . This show how much ADA holder trust in CARDANO.
CARDANO / ADA , founded by Charles Hokinson has stay at their range price for quite long. It is important to know that there actually not much actual project being made with CARDANO until now. What we mean not much project is not that no one uninterest doing project with CARDANO but there is thousand project that waiting for smart contract to be release by CARDANO near future. Recently CARDANO Africa has announce latest project with CARDANO , to use CARDANO blockchain to keep million data of student in Africa plus another telecommunication project in Tanzania.
Source : https://pooltool.io/
The pools show how much people trust CARDANO to become crypto currency that will change the world or some say 3rd crypto currency . Even most of cardano project still being hold , there is about 72% total supply has been stack in CARDANO pool tools. Can you imagine how much CARDANO will skyrocket if the smart contract has been release near future?
Source : https://roadmap.cardano.org/en/
Within the framework of Cardano’s roadmap, the upcoming Alonzo hard fork is somewhere in the middle, marking the departure from the Shelley era with Allegra hard fork at the end of 2020 and entrance into the Goguen era.
Byron era – wallet implementation
Shelley – staking, multi-asset capability, and decentralization
Goguen – smart contracts
Basho – optimization, and scalability
Voltaire – governance
Currently CARDANO still at SHELLEY phase . The future is near to come , Alonzo testnet is about to be launch , this is what we can expect when Alonzo being launch . https://beincrypto.com/cardano-prepares-to-launch-alonzo-testnet-here-is-what-to-expect/
Source : https://beincrypto.com/cardano-prepares-to-launch-alonzo-testnet-here-is-what-to-expect/
But, even the testnet is havent being launch , can you imagine how much CARDANO will skyrocket if TESLA decide use CARDANO for TESLA payment ? But , even TESLA didnt use CARDANO for now , CARDANO has aim to become the first government crypto , where crypto can be use in our daily transaction .
