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New Cardano (ADA) Ledger App Update Introduces Smart Contracts Functionality -Breaking

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Cardano (ADA), Ledger app Update introduces smart contracts functionality

Leading crypto hardware wallet provider ‘Ledger’ has announced an upgrade for the (ADA) app which introduces the smart contract functionality of the Cardano ecosystem.

Cardano App now supports smart contracts

Alonzo’s hard fork was the catalyst that introduced smart contract functionality to Cardano in September 2021. The compatibility was not available on Cardano for six months.

Ledger, Tuesday 26 April, announced the Cardano App Upgrade to Version 4.0.0. The main highlight was smart contract functionality. Ledger tweeted;

The app now provides users with access to the growing Cardano decentralized finance ecosystem via ‘YoROI’ and ‘AdaLite’. Ledger revealed that users will now be able to sign smart contracts via the Cardano App with this upgrade.

Cardano Founder Reacts

The announcement was well received by the Cardano community, and even caught the attention of Charles Hoskinson, Cardano’s CEO and Co-Founder.

Hoskinson used Twitter (NYSE: ) to mark the Cardano milestone. Replying to the announcement, he wrote: “Moving the chains. Great work, Ledger.”

The Flipside

  • Cardano’s (ADA) bear cycle is currently down more than 5%.

Cardano’s 24 Hour Price Chart (ADA) Source: Tradingview

What You Need to Care About

The Ledger’s Cardano app upgrade grants its users the necessary exposure to the latest features of the Cardano ecosystem.

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