Over 3,000 Smart Contracts Waiting To Be Deployed On Cardano As Hoskinson Reveals Bullish Trajectory.
20 Sep 2021, 08:00
Over 3,000 Smart Contracts Waiting To Be Deployed On Cardano As Hoskinson Reveals Bullish Trajectory
Data in real-time shows that there are currently more than 3000 smart contracts locked in a time lock contract. Although developers cannot access them because they are currently locked, once access is granted, the market is poised to record a once-in-a-lifetime experience. The new record comes not long after the successful implementation of the Cardano Alonzo hard fork.
Despite the price of ADA stumbling, the new development is good news for the weeks ahead. However, there is still a truckload of work to be done before the unlocking is complete. The deployment of decentralization applications (dApps), as well as Decentralized finance products (DeFi), amongst many other projects, must first be completed. Once this is done, the price of ADA might also begin to correct as developers awaiting the deployment might have also impacted the dwindling price of ADA at the moment.