Cardano Reached Epochal, another Decentralization Milestone
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Obviously, the world is in this financial regression together. The desperate bears are now leveraging the spread of coronavirus to leave devastating damage on the financial system globally.

However, the Cardanians believe that Cardano (ADA) has a big part to play in the present financial situation across the globe.

In a recent tweet, the Cardanians acknowledged the fall of markets across the world and the spread of COVID19, believing that Cardano (ADA) is capable of making a positive impact if the financial system collapses.

The Cardanians furthered that the reversal of this present collapse in the market will be rapid and positive for cryptocurrencies.

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Cardanians shared this, “Not a nice look at falling markets and spreading a dangerous virus. However, Cardano is still there and can help if the financial system collapses. The trend reversal can be very fast and positive for the crypto.”

Update on Cardano (ADA) Staking

The Cardanians also updated the community about the Cardano (ADA) staking. According to the report, more than 12,041,000,000 ADA has been staked on the Shelley testnet.

Going by the update, the network is presently stable and only one pool is closer to saturation. For more information regarding Cardano staking, follow this link.

“There are currently more than 12,041,000,000 staked ADA coins on the Shelley test-net. Moreover, only one pool is slightly saturated and the network is more stable,” Cardanians reported.

Cardano (ADA) and Other Cryptocurrencies in the Market

Cardano (ADA) and other cryptocurrencies have devastatingly dropped in terms of price. The price crash has been attributed to the declaration made by the World Health Organization (WHO) regarding the status of the widespread of coronavirus.

At the time of writing, ADA is trading at $0.028325, with a 30% price downtrend in the last 24 hours.

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Tobi Loba

By Tobi Loba

Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.