eToro alerts traders to upcoming Cardano hard fork

Online trading platform eToro has recently notified its users about the upcoming Cardano hard fork. The Cardano ($ADA) blockchain is set to undergo a scheduled network upgrade at the commencement of block 537 on Wednesday, January 29, 2025, starting at 21:45 PM UTC. This upgrade is expected to be brief in duration.

eToro has assured its users that access to and trading of Cardano ($ADA) should not be impacted by the upgrade, unless the new network proves to be unstable. In the event of network instability, trading of ($ADA) will be temporarily disabled until the network stabilizes. Additionally, coin transfers of Cardano ($ADA) will be paused during the fork, and the Wallet Send function will also be unavailable for one hour before the fork and during the entire duration of the upgrade.

In other news, 21Shares has introduced a new investment opportunity for traders on the SIX Swiss Exchange with the launch of the 21Shares Solana Core Staking ETP. This innovative product aims to provide investors with exposure to Solana’s native cryptocurrency, SOL, by allowing them to participate in Solana’s staking activities. The 21Shares Solana Core Staking ETP offers a convenient way for investors to access the staking rewards associated with the Solana network through a regulated investment vehicle.

Meanwhile, FxPro has expanded its cryptocurrency CFD offering by introducing the TRUMP Coin CFD to its platform. This addition provides FxPro’s users with the opportunity to trade the price movements of TRUMP Coin, offering a new and exciting trading instrument for investors interested in cryptocurrencies.

On a related note, GCEX has launched an Open API that allows seamless access to its back office operations. This new feature enables GCEX’s clients to integrate their systems with GCEX’s platform, streamlining their trading activities and enhancing their overall trading experience.

In conclusion, these developments in the cryptocurrency trading landscape highlight the ongoing innovation and expansion within the industry. As more platforms and products are introduced to cater to the growing demand for cryptocurrency trading, investors have access to a wider range of opportunities to diversify their portfolios and capitalize on the dynamic nature of the market.