Monday, May 10, 2021

Cardano (ADA) Search and Social Interest Surge to Hit New Yearly Highs; New Daedalus for ITN Released

As reports have it, Cardano (ADA) search and social interests have surged to record new yearly highs. The data from Google Trends and LunarCrush revealed these developments.

The interest in Cardano (ADA) project after the increase in on-chain strength of the network and the continued growth and developments in the ecosystem, thanks to Input Output HK (IOHK) led by Charles Hoskinson.

The interest of People in Cardano (ADA) Keeps Growing

Shelley, the network upgrade that will bring about the full decentralization of Cardano (ADA) is around the corner. Shelley public testnet was opened to all stake pool operators earlier this week.

All these developments put together have kept people’s interest in the project growing, which also aids the significant growth of the digital token ADA in the market, displacing a number of top digital currencies to occupy 10th position in a short interval.

According to data from an analytic firm LunarCrush, 6,000 social media posts that mentioned Cardano were shared in the last 24 hours. The analytics channel’s metric revealed that there were more than 10.7 million posts, comments, retweets, and favorites across all social platforms.

Cardano (ADA) Search and Social Interests Surge to Hit New Yearly Highs; Daedalus for ITN Released

Graph showing the social engagement for Cardano (ADA) from Jun.2 to Jun. 9. (Source: LunarCrush).

On the other hand, the search for Cardano on the world’s largest search engine and the most visited website, Google, has also increased significantly year-to-date.

Going by data from Google Trends, searches for the blockchain project have skyrocketed to beat its past 2 years’ records.

Cardano (ADA) Search and Social Interests Surge to Hit New Yearly Highs; Daedalus for ITN Released

Graph showing the interest in the term “Cardano” from 2018 to 2020. (Source: Google Trends)

All these increase in interests have also reflected on the number of ADA addresses on the Cardano network, as reported by Herald Sheets about 2 days ago.

Daedalus for Incentivized Testnet (ITN) Released

IOHK, the firm behind developments in Cardano (ADA) ecosystem, has recently announced the release of new Daedalus for the Incentivized Testnet (ITN).

According to the report shared via the official Twitter handle of the firm, the new version contains features such as a wallet recovery phrase verification and other important features.

“FRESH TODAY: We’ve just released new Daedalus for the ITN. Daedalus 2.4.0-ITN1 contains a wallet recovery phrase verification feature, to support ITN users redeeming their rewards later on this summer as we head to Shelley on Cardano mainnet

It also provides background blockchain synch, new wallet import & various other enhancement. If you have been staking on the ITN, download it today from the staking site”

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.

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