Cardano ‘Shelley’ Update Date Finalized, ADA Price Upsurges After The Announcement

Charles Hoskinson, the founder of Cardano, has finally announced the launch date of Shelley update, which is the next key milestone in Cardano’s roadmap.

As per Hoskinson, the early phases of Shelley’s onset will commence on 9th June. According to him, if everything goes forward as premeditated, it will be live by 30th June.

Hoskinson delineated the proposal to unveil Shelley over the course of the coming month while speaking on a Cardano Crowdcast podcast. He mentioned,

“Guys wanna know when Shelley is? Let’s tell ya… June 9 – this is when it opens up to everybody. The next date we have for you is June 16, that’s when we start putting things together end-to-end. If everything works without a hitch, June 30 we’re shipping Shelley.”

He further added:

“I’m really proud of everybody. It’s been a long time coming and it’s been a difficult year because we’ve had to change the tires while the car is running. What we’re creating is basically the world’s next operating system.”

At the time of reporting, ADA is trading at 0.074 USD with a market cap of around 1.92 billion USD. The coin’s price is up by around fifteen percent for the day.