There has been a rapid increase in the use of untraceable digital assets. At the same time, investors have recently increased their coins such as Verge (XVG), Monero (XMR) and Zcash (ZEC).
However, these funds are not separated from the market prices in the crypto currency.
For example, in January 2018, Verge continued to reduce the all-time high (ATH). The upward trend towards the end of 2017 led to the crypto increase being traded around $ 0.01.
Verge changed hands at the 0.30 ATH level before the extended downward trend in the last 9 months. The digital asset has largely endured the scope of trade at the October 2017 levels (after the launch).
In the first two weeks of September, the crypto currency market strengthened the prevailing losses. Verge (XVG) provides a good recovery from close to $ 0.012, and emergency resistance testing at $ 0.04. Certainly, Verge has been changed to $ 0.0136 over the last 24 hours, up 3.68%.
We are almost at the end of the third quarter of the year. Markets and crypts have shown a major decline in the last three quarters. Experts expect that digital assets will increase significantly towards the end of the year. The surge may not be similar to last year, but some critical obstacles to ATH are expected. So the question is; Can it hit $ 1 in 2018?
It is important to realize that this question has no straight answer. Although, various aspects of the project can be analyzed to ensure that the prediction is as close to being as accurate as possible. These aspects include but not limited to developments, upgrades, community strength, exchange listings, and partnerships.
As it was going on, the Verge team’s latest development report put several wallet road maps in the spotlight. The IOS wallet, Electron (not Electrum) and QT (with the new code base) are currently under development.
No exact dates have been set for the release of wallets, but Verge has announced that it will continue to publish updates and progress reports. In addition, it is said that the development of the new desktop wallet has been successfully completed.
However, the team expects a new code base before it is released. Also, the wallet is already integrated with the newly developed Insight API customers.
Verge (XVG) is also working on publishing an iOS wallet. The wallet is expected to be launched, which is why the team is working to ensure that the design is not only elegant, but also works as expected when using a variety of visuals.
The Verge Swift Insight API is used to develop the wallet using the blockchain. On the other hand, the Android wallet was included in the roadmap for an upgrade in 2019.
Development Team has developed a prototype for Legder. The team proved to be integrated with the Ledger Nano S. At the same time, various ways are being explored, including security features. Verge is waiting for support that allows Ledger HQ to integrate into its product.
There is also a current code base revision. This will see an improvement for the Bitcoin Core v13.0.0 (launched in August 2016) according to the current version.
The benefits of these changes are tremendous and cannot be summarized in a single paragraph.
However, the team said the revision would bring significant blockchain performance and related improvements. It will also improve chain validation with the improved PoW application. Improved RPC commands will be significantly improved chain security and impressive processor and memory performance.
Moreover, the increasing mass acceptance of Verge (XVG) continues to bring the crypto to the fore.
For example, Bitnovo has announced support for XVG, which means that the company’s coupons can be used to purchase Verge in various stores, such as Fnac, Eroski, Carrefour, both in Italy and Spain.
In addition, Crypto Planet, an online retailer, integrated Verge (XVG) payments.
All these developments will place Verge (XVG) on the road towards upcoming fluctuations as they approach the end of the year.
Verge should get rid of the current bearish pressure and take a trip to $ 1. It is possible that the XVG / USD will reach $ 1.00, but break the ATH will be good enough for investors.