The much-awaited Valentine (SECP) upgrade has arrived, poised for release on the mainnet, bringing heightened security to developers of cross-chain decentralized application (DApp). The upgrade seeks to bolster security by granting access to a suite of multi-signature designs, inherent in Cardano. As the Cardano team had already communicated, the mainnet upgrade is expected to have minimal impact on users.
At what time will the Cardano Valentine (SECP) upgrade be released?
In light of the substantial rebound in the crypto market since January 2023, Cardano (ADA) has exhibited exceptional recovery not just in terms of price, but also in whale interest. In fact, so far in 2023, ADA has emerged as one of the most favored cryptocurrencies among whales.
The highly anticipated mainnet upgrade, known as the Cardano Valentine SECP mainnet hard fork, is provisionally scheduled for February 14 at 21:44 UTC, to take place at the outset of epoch 394, around absolute slot height 84844800, and an estimated block height of 8403208.
The Cardano (ADA) community is eagerly anticipating the upgrade, as demonstrated by the surge in trading volume in the run-up to the change. As of the time of writing, ADA is trading at $0.380025, a significant increase of almost 9% in the last 24 hours, according to CoinGape price tracker.
This notable increase reflects the community’s high expectations for the upgrade. In comparison, Bitcoin (BTC) has only experienced a rise of approximately 2.5% after a reversal was observed following the release of higher-than-anticipated US CPI data for January.