Cardano Grows As it Prepares to Enter Shelley Era

Network activity has been slow but steadily on the up for the Cardano network this past year. Looking at stats such as the daily active addresses, transactions (and overall addresses), there seems to be exciting things happening over the network.

With years of research and continuous development, the network is now closer than ever to being open to users. The launch of this new testnet for the so-called ‘Shelley era’ of the blockchain saw many people take action and get involved with the network which has led to its current success.

Before we go any further though, it’s worth saying that we aren’t financial investors and this isn’t financial advice. Please do your own research before putting your money in a cryptocurrency and always remember to trade safe!

With time going on, more and more users are looking to get involved with the network. At the start of this decade and year, it looking ever more promising that 2020 is Cardano’s year.

The network has been thriving this year and is seeing almost every network-related matter go up since the beginning of the decade. In a tweet published on the 17th of February, the company highlighted the number of daily active addresses recently hit their all-time high with over 9,700.

It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!