Cardano (ADA) surged over 20% after founder, Charles Hoskinson, revealed the release date for project “Shelley” which will transform Cardano into a decentralized proof of stake network. The release date will be some time between the last day of June and the first week in July.
Cardano is an old altcoin by crypto standards. The development of Cardano began in 2015. The company raised over 60 million dollars in their ICO in 2017. The founder, Hoskinson, is also one of the founders of Ethereum.
When I first became interested in crypto, I was told to look at the teams behind the coin. A good team will eventually find their place in the right project. I’m just happy to be along for the ride.