In an impressive turn of events, Taraxa ($TARA) has pulled off a jaw-dropping 70% surge in just 24 hours after unveiling its 12-month roadmap. This surge has pushed $TARA to reach heights not witnessed in nearly two years, marking a major win for the project.
đź“Ł Ecosystem #taraxa_quick_update đź“Ł
An updated rolling 12-month development roadmap has been published! This roadmap is a subset of the tasks being worked on, as these tasks gain more certainty they'll be added to the roadmap in real time. https://t.co/YE6yZ0nax6 pic.twitter.com/q1jCl399Yl
— Taraxa Project (@taraxa_project) November 17, 2023
Notably, Back in 2018, Taraxa set out with a mission to leverage decentralization to tackle real-world problems. Of course, what sets them apart is their flexible roadmap strategy.
Furthermore, Looking at the Q4 2023 targets, they’ve got the Magnolia Hardfork on Mainnet, Ficus Root Bridge Tech Specs, and the Aspen Hardfork (capping TARA supply) on Testnet in their sights. Then, in Q1 2024, the plan includes implementing the Aspen Hardfork on Mainnet, introducing Ficus Root Bridge on Testnet.Â
Also, they dropped the LARA (TARA one-click liquid staking) Beta, and unveiled the Trendspotter (social trading signals) Beta. This didn’t end as it came along with the DEX reference implementation on Testnet.
Now, fast forward to Q2 2024, and Taraxa’s got some big moves planned. This will include the DEX reference implementation on Mainnet, Lending protocol reference implementation on Testnet. Then, also Ficus Root Bridge on Mainnet, and the hotly anticipated Taraxa Front-Running Resistance Report.
Furthermore, looking ahead to Q3 2024, users are to expect the Lending protocol reference implementation on Mainnet, the Echo Decentralized Social APIs beta. Then, the Trendspotter APIs, and the Ecosystem Dashboard beta.
Conclusion
Finally, this roadmap isn’t just a piece of documents; it shows a strong testament to Taraxa’s dedication to pushing the boundaries. Consequently, the spike in $TARA’s value from $0.009 to a solid $0.02 reflects the market’s vote of confidence in where Taraxa is headed.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any projects.
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Image Source: musgraphicalabri/123RF // Image Effects by Colorcinch
