Saturday, April 10, 2021

Cardano’s New Yoroi Mobile Released with Support for the Upcoming Mary Protocol Upgrade

As a report has it, Cardano’s Yoroi Mobile version 4.0.0 has been released with full support for the much-awaited Mary protocol upgrade.

The latest development was shared via the official Twitter handle of Yoroi Wallet. According to the report, as soon as the Mary protocol upgrade is implemented, users will be able to send and receive custom assets powered by the Cardano blockchain.

Read Also: Cardano Is Already a Big Play-Maker in the Crypto Space –Weiss Crypto Ratings Analyst

However, the report revealed that the Android version of Yoroi Mobile is still pending approval, but the wallet is already up and running for iOS users.

Yoroi Wallet tweeted, “New Yoroi Mobile release (4.0.0). This update adds support for the upcoming Mary protocol upgrade. As soon as Mary is activated, you will be able to send & receive Cardano-based custom assets from the Yoroi (even for Ledger users!) iOS approved Android pending.

“We pushed the Yoroi Extension update earlier this week, so Yoroi Extension users also have nothing to worry about.”

Read Also: Charles Hoskinson: Cardano Is Working On Gaining Celsius, Fireblocks, and Prime Trust’s Support

Cardano (ADA) Becomes Third-Largest Crypto-Asset As Mary Protocol Upgrade Knocks

Cardano (ADA) has been experiencing a notable price uptrend over the last 24 hours despite the unfavorable market price trend that ravaged virtually all cryptocurrencies, including the two largest digital assets by market capitalization, Bitcoin (BTC) and Ethereum (ETH).

Over the last 24 hours, Cardano (ADA) has managed over a 30% price surge. At press time, ADA is trading at $1.35, with a 32.84% price increase in the last 24 hours. This outstanding performance has aided its market capitalization to currently stand at $41,885,427,620, according to CoinMarketCap.

It’s worth noting that Cardano (ADA) has also displaced Binance Coin (BNB) from the 3rd position.

This excellent display has been attributed to the upcoming implementation of the Mary protocol upgrade.

As announced by IOG on Thursday 25th February 2021, the much-awaited protocol upgrade has been confirmed for 1st March 2021.

Read Also: Cardano (ADA) Displaces XRP for the First Time in History

The upgrade is very important for the emergence of the Goguen era for the Cardano ecosystem. It’s also expected to bring native tokens, multi-asset functionality, and various use cases to the Cardano network.

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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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