Saturday, April 10, 2021

Cardano (ADA) Adds Over 200,000 Reddit Subscribers in Less Than Three Months

Cardano, the emerging smart contract platform, and its native token ADA have been enjoying notable traction over the past three months, or better still, since the start of 2021.

2020 was seemingly the preparatory year for the notable breakout in the price and popularity of Cardano (ADA). The global exposure has been consistent this year with little or no sign of slowing down.

Read Also: Cardano (ADA) Ecosystem Map Consisting Over 150 World-Class Organizations Displayed

There has been an increase in the number of Cardano’s followers and subscribers across all social media, especially Reddit, where r/Cardano recently hit 300,000 subscribers.

Charles Hoskinson, the CEO of IOG and creator of Cardano (ADA) has also leveraged the huge traction around the blockchain project to get his Twitter account verified. The number of his followers on the microblogging platform is now seating above 300,000.

Cardano (ADA) Subreddit Hits 300,000 Subscribers

According to the data provided by frontpagemetrics.com, Cardano (ADA) subreddit hit 300,000 subscribers on 1st April 2021 and it’s currently the 1,431st most popular subreddit.

The journey to this major height started in September 2020 but became notable on 15th January 2021, when the subreddit hit 100,000 subscribers. Since then, the increase has been massive.

Cardano (ADA) Adds Over 200,000 Reddit Subscribers in Less Than Three Months

Read Also: Binance Announces Support for Cardano (ADA)’s Mary Protocol Upgrade

Between 15th January and 23rd February 2021, r/Cardano experienced a 100% increase in the number of subscribers, which took the total number of Cardano enthusiasts on Reddit to 200,000.

So, the subreddit raced to 300,000 subscribers between 23rd February and 1st April 2021. At the time of writing, the number now stands above 302,000.

What could be behind the Vast Increase in Cardano’s Popularity?

Since the start of the year, the Cardano ecosystem has been through phases of development. The most notable development played out on 1st March 2021, when Mary hard fork was successfully implemented.

Read Also: Cardano Google Searches Hits New All-Time High in the Wake of Multi-Asset Era Implementation

The success of the Mary protocol upgrade transitioned the Cardano network into the multi-asset era and a few hours ago, the block production on the Cardano network became 100% decentralized.

Aside from the aforementioned milestones, there are many more upcoming developments, which could further enhance the capacity of the Cardano community.

During the Cardano360 virtual conference on 25th March 2021, Charles Hoskinson, the CEO of IOG stated that the next phase for Cardano after the Mary protocol upgrade is called Alonzo Phase. According to Hoskinson, the Alonzo testnet that will enable people to publicly write smart contracts and deploy them on the Cardano network for the first time ever will be launched.

Read Also: Charles Hoskinson: Cardano-Africa Deal Now Sent To Minister for Official Signature. Millions of Users on the Cards?

Charles Hoskinson noted:

Now we are heading toward what is called the Alonzo Phase. And here is kind of a timeline of how that works. So first off, it has to be integrated into the ledger in node code. That’s the heart of Cardano. Then the wallet sits on top of it, then Daedalus. OK, so, what’s occurring right now, all throughout March and all throughout April, is that integration into the node to get ACLI.


Follow us on Twitter, Facebook, Telegram, and Download Our Android App

Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

Related Articles

Latest Articles