Tuesday, August 9, 2022
Home Crypto News Market For The First Time Cardano Hits $3 As IOHK Announced Cardano Testnet...

For The First Time Cardano Hits $3 As IOHK Announced Cardano Testnet Now Officially Supports Smart Contracts

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Cardano achieved the historic $3 mark for first time in his history as IOHK officially announced that Since 20:20 UTC today, the Cardano Testnet now officially supports Plutus smartcontracts.

In 2021, the ADA has risen by more than 1567%. The ADA receives more media coverage due to its skyrocketing price.

Bitcoin, the most popular cryptocurrency, is having trouble breaking through the $ 50,000 mark. Altcoins are reportedly stealing all the attention.

ADA has been doing great in anticipation of the long-awaited Alonzo update.

A recent IOG announcement stated that smart contracts are now supported by the Cardano testnet.

IOHK writes:

“So there we have it. Since c. 20:20 UTC today, the #Cardano Testnet now officially supports #Plutus #smartcontracts. Final testing & integrations ahead. SPOs will now upgrade their mainnet nodes. Then next stop… mainnet upgrade. Still on track for 12 September. Onward! $ADA”

According to the team, final integration and testing are now underway in preparation for the mainnet launch on September 12.

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The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Mark Bernnan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.


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