Cardano temporarily stuck on exchanges. Why and what is a possible solution?

[Flodner]

Cardano temporarily stuck on exchanges. Why and what is a possible solution?




If you follow the news from the Cardano ecosystem, you know that hardfork (Shelley phase) happened on 29 July. Since then and up to this date most of these exchanges disabled both Deposits and Withdrawals, it means they didn't implement the hardfork changes yet


Full article:
https://hive.blog/cardano/@flodner/cardano-temporarily-stuck-on-exchanges-why-and-what-is-a-possible-solution

[syedrasool2011]

ADA is waiting for strong come back in market just wait hold for few week big pump is coming.

[Gurujebs]

ADA is waiting for strong come back in market just wait hold for few week big pump is coming.

market overbought with Relative strength index sometimes don't work for crypto, I would have said cadano is one of the best performance of July that need correction.
More growth will certainly comes with new development but I believe with this mainnet launch, those who having been holding since Testnet would by now want to sell their coins. Hence, correction of the market is still essential.