Cardano has been making the community beyond excited these days ahead of the Shelley upgrade.
ADA’s price is also reflecting this massive enthusiasm and at the moment of writing this article, ADA is trading in the red and the coin is priced at $0.144087.
The coin is trading in the green and it’s up by more than 8% in the past 24 hours.
Shelley upgrade around the corner
It’s been reported that the Shelley hardfork process has been initiated.
Have you heard? @InputOutputHK have commenced the ‘countdown’ process that will transform the #mainnet from a federated Byron network into a decentralized #Shelley network. Learn more: https://t.co/7ueVVC3CO2 or hear @IOHK_Charles explain: https://t.co/dW3ft4sNq9
— Cardano Community (@Cardano) July 25, 2020
“We have now begun the countdown over the next 5 days to hard fork Cardano from Byron to Shelley. Our last chance to abort will be sometime on Monday, during the weekend the engineers and the QA-team will be conducting an exhaustive 72 hours burn-in, to go through all checklists that we have.”
Cardano made sure to highlight the fact that Shelley is the first step towards decentralization.
Shelley is the first step towards true” decentralization” as it optimizes the #Cardano network for mass participation for a #secure, #decentralized, and democratized ecosystem. Read More https://t.co/ejFhCJk8hb#ShelleyEdition #Blockchain #decentralization pic.twitter.com/CTlzCxZiGC
— Cardano Community (@Cardano) July 25, 2020
The official website notes that “Cardano brings a new standard in technology – open and inclusive – to challenge the old and activate a new age of sustainable, globally-distributed innovation.”
Cardano is working hard to improve how people interact, transact, and create/operate as a global society.
The community could not be more excited these days ahead of the massively important event – the Shelley upgrade.
This can be seen in the price of ADA as well, just like we reported at the beginning of the article. Predictions for ADA’s price continue to be bullish these days.
