MEXCCardano’s Social Engagement Crosses 1 Million Hours Before Shelley Testnet Release
Cardano’s Shelley public testnet is all set to roll out tomorrow. With hours left for the testnet to go live, Cardano’s social engagement crosses 1 million for the second time this month.
Shelley Public Testnest Fuels Cardano’s Publicity
Off late, Cardano seems to be all over crypto Twitter, thanks to the Shelley testnet. The Cardano network is said to bid adieu to the Byron era and traverse into the Shelley era. However, this transition seems to be taking longer than usual as the network has been working to acquire a smooth shift with minimal risks that would cause no service interruptions. As per the network, the Shelley era will be set to “optimize decentralization” and claims to deliver 50-100 times more decentralization than other prominent networks in the industry.
While the actual Shelley hard fork will take place on 7 July 2020, the Shelley public testnet is all set to go live tomorrow. The Input Output HK tweeted about the forthcoming release. The tweet read,
“Tomorrow, the 9th June, we’re entering a new phase for Cardano. The Shelley public testnet will open up so any operator that wants to set up a #Cardano stake pool can do so, ready for staking and delegation on mainnet later this summer #ShelleyTestnets “
The Cardano community seems to be making headway towards the Shelley era and the price of ADA seems to be acting salubrious as well. ADA has been recording an uptrend starting from April 2020 all the way to June. At the time of writing, ADA was trading at $0.0861 with a 2.38% increase in price over the past 24 hours.
Cardano’s social engagement followed right behind as the network crossed 1 million. As per Lunar Crush, the network’s social engagement of about 1,111,010 on 8 June 2020, a day before the launch of the Shelley public testnet. The network had previously recorded a high of 1,453,829 in terms of social engagement back on 5 June 2020.
Cardano seems to be having an eventful start to June, as the network witnessed another uptrend on Google Trends. Just last week, the network witnessed a significant increase in terms of social volume. Cardano’s uptrends have left many in the community bullish towards the altcoin.
The Cardano community seems to be giving Shelley era the perfect welcome by breaking several records within the network.
- Crypto Market Tumbles as Jerome Powell Says December Rate Cut ‘Far From Certain’
- FOMC Meeting: Federal Reserve Lowers Interest Rates by 25 Bps in Second Cut of the Year
- WLF Token Jumps 7% as Former Robinhood Counsel Joins Trump-Backed World Liberty Financial
- Changpeng Zhao “CZ” Warns Investors “Don’t Buy” Golden Statue Meme Coin After 27,000% Surge
- Markets Expect October Fed Rate Cut as Bitcoin Repeats Post-FOMC Pattern
- Ethereum Price Flips BTC in Strategy Shift, Eyes $4500 Level
- Expert Predicts XRP Price to Hit $10 as Elliot Wave, XRPR ETF Inflows Align
- HYPE Price Prediction as 21Shares Files S-1 for Hyperliquid ETF—Can Bulls Push HYPE to $60?
- Bitcoin Price Rally Bound? How the Fed’s Move May Unleash Crypto
- Can ASTER Price Rebound 50% as Whale Activity and Bullish Pattern Align?
- Pi Network Patterns Point to More Gains Despite Manipulation Claims
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
