Lisk price spikes ahead of Core 1.0 Mainnet migration on August 29

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  • Lisk price is up more than 13% while an ongoing bullish trend could retest $5.0.
  • Lisk trading volumes go up by 35.31% while the market capitalization rises to $503 million.
  • We’re buckled down and working hard in preparation for the upcoming Lisk 1.0.0 migration on Mainnet on August 29,” The Lisk team.

The Lisk team released an update at the end of yesterday on the progress of the Lisk Core 1.0. The community appears to have received the news well seeing that LSK/USD has increased in value more than 13% in the last 24 hours. The digital asset is currently trading at $4.5 while a bullish trend is still brewing up towards $5.0. Lisk trading volume also went up by 35.31% from $6.8 million recorded on August 22. Its market capitalization has also inflated from $433 million at the close of the session yesterday to $503 million at the time of writing. Lisk is ranked the 22nd largest crypto in the market according to CoinMarketCap.

The development report posted on the Lisk official Medium said that the Lisk Core 1.1.0 quality assurance had been successfully completed and that the process was not only smooth but also without any issues.

“Here at LiskHQ, we’re buckled down and working hard in preparation for the upcoming Lisk 1.0.0 migration on Mainnet on August 29. All of the components of the Lisk ecosystem — Lisk Core, Lisk Elements, Lisk Commander and Lisk Hub — are all being updated and aligned with one another for the big migration. In addition to this, the Lisk Core team is also working on future releases,” the Lisk team wrote in the blog post.

The Lightcurve Development team is also working on Lisk Core 1.2.0 and the report says that the progress is so far great. The details of the work that has already been performed can be found on the Medium. The team also shared the next steps towards the Lisk long-awaited milestone:

“Here are only two pending pull requests left in Lisk Core 1.2.0. They are currently under review. We expect them to be merged this week. Following its completion, we will freeze Lisk Core 1.2.0 and start its QA phase next week. The team said in conclusion, “We have already begun planning the next release. The corresponding milestone, Lisk Core 1.3.0, is already open on GitHub where issues are being added.”

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