The crypto market is back in the green today – for the most part. Verge (XVG), Stellar (XLM), and Cardano (ADA) are on the rise, so what’s happening?
Verge (XVG) is currently selling for $.065921, which puts the coin up 8.77% in the past 24 hours.
Last week, Verge announced its partnership with Pornhub and it generated a mixed bag of reactions. XVG’s price rose above $.10 leading up to the announcement, but it has since winnowed out. Were investors getting cold feet?
The Pornhub partnership may not be all that Verge had up its sleeve. There are twitterings of a few other partnerships around the corner – will these ones be more acceptable to people? Let’s dig in.
The Verge team itself has been relatively quiet since the Pornhub announcement, so a lot of this comes down to fan whispers – so take it with a grain of salt.
Originally, people thought that Verge’s mystery partner was going to be TokenPay. While this didn’t happen on April 17th, that doesn’t mean that it’s never going to happen. The hope is that Verge will pair with TokenPay to create a crypto debit card that incorporates XVG, and the Reddit community insists that this is still going to happen. Verge and TokenPay certainly aren’t strangers to one another. Both teams have tweeted about workshops and meetings they’re going to together.
Another fan-supported theory is that Verge will be partnering with MoreFun to allow for in-game payments with XVG. This may or may not be true, as it isn’t coming directly from the source, but MoreFun did indicate that they had a new partnership coming up. Is that partnership with Verge? We’ll have to wait for more official news to find out.
Today, Verge is climbing. Tomorrow, it might drop again. Thoughts?
Stellar (XLM) is currently selling for $0.376204, which puts the coin up 11.20% in the past 24 hours.
Stellar is doing the best out of all the top 10 cryptocurrencies at the moment, with the highest percentage gain in the last 24 hours.
Recently, Novatti Group, an online payments processor, integrated fully into the Stellar Network.
Similarly, Stellar has partnered up with IBM. These combined collaborations will help Stellar to become a more global project, crossing financial borders and beyond.
Will Stellar’s recent partnerships be enough to kick XLM’s price into action?
When do you think Stellar (XLM) will rise above $1.00?
Cardano (ADA) is currently selling for $0.279289, which puts the coin up 2.43% in the past 24 hours.
Charles Hoskinson released a 15-minute video where he explained many of the Cardano developments, completed, ongoing, and future.
Cardano Update https://t.co/3hxHuLtLDd
— Charles Hoskinson (@IOHK_Charles) April 25, 2018
First, he discussed Cardano 1.2. Cardano 1.2 is now officially done and is currently being looked at and tested by the QA (Quality Assurance) Department. The testing should take about a month, meaning that Cardano 1.2 will go live in approximately mid-May. An exact date will be released once they have one. The data-list updates will include things like paper wallets.
Cardano also wants to go even more public, or, transparent. Hoskinson hopes to start having monthly video updates from all the project managers, talking about what they’ve accomplished and what they’ve got coming up – kind of like what Hoskinson is doing in his own video.
First up is Gerard Moroney, Project Manager of Cardano CL (Computation Layer). He’ll be discussing the upcoming testnets for Yella and K-EVM. This video update will include things like dates and specific details on the testnets themselves – so keep your eye out for that.
Check out Hoskinson’s video for more details on Cardano.
Featured image: dimitrisvetsikas1969 via Pixabay