Are you ready to enjoy Valentine’s Day Surprise from Cardano (ADA)?
On February 14th, 2023 – which also happens to be Valentine’s Day – Cardano users are in for a special treat as Input Output Global (IOG), the company behind the blockchain, has announced an upgrade. This update will significantly impact developers who work with cross-chain applications and seek to provide them with additional security. It will include new built-in functions designed to make the development process easier and more secure.
The IOG team is putting significant effort into ensuring this update goes off without a hitch. The upgrade will be done gradually and tested thoroughly to ensure no bugs or other issues before release. In addition, the team is focusing on providing scalability of both existing and new features so that they won’t affect performance adversely.
Moreover, they are working towards improving existing features like smart contracts and introducing new ones like interoperability between different blockchains. By taking these approaches, IOG expects to improve Cardano’s usability while providing developers additional confidence when dealing with their projects.
Cardano’s Upcoming Upgrade Anticipated to Boost ADA Price
Considering the immense developer activity around the Cardano blockchain since December 2021, it is expected that the Valentine’s Day Surprise from Cardano (upcoming upgrade) will positively affect the price of ADA. Data shows that Cardano had one of the highest GitHub commits among major blockchains in this period, indicating that there have been highly concentrated efforts from developers to improve its technology and features.
This has undoubtedly raised optimism within the community regarding ADA’s future market performance as users anticipate an increase in value due to higher functionality and enhanced usability. The upgrade could not come at a better time for Cardano’s supporters, as they have been waiting to discover if this surge in development activity will result in a long-awaited rally in price.