The launch of Cardano’s Vasil hard fork and Ethereum’s Merge have both been eagerly anticipated by the cryptocurrency community. These two upgrades have experienced numerous delays. It appears, though, that both are finally happening.
Cardano was established in 2017 and was given its name in honor of the Italian polymath Gerolamo Cardano. Charles Hoskinson, the founder of Cardano, made the announcement of the launch of the Alonzo hard fork in August 2021, which caused a surge in the price of Cardano, which increased by 116% the following month.
Here is the latest Cardano news, including price updates and more.
Latest Cardano News
Cardano’s interest among investors has soared recently. The latest data from WhaleStats shows that ADA has entered the list of the top 10 purchase tokens by the top 2,000 BSC whales.
With the Vasil hard fork coming soon, the network seems to be ready for it. According to Input Output, four exchanges, including BitMart, have shown their readiness for the Vasil hard fork.
Now the main talking subject of Cardano is the launch of its Vasil hard fork. The team is also working on improving its roadmap and implementing new features like ADA staking.
In other news, ADA bagged a listing from Robinhood, The announcement was made on September 1. It is a major listing for ADA and it might be in anticipation of the upcoming merge.
For our prediction on Cardano’s price by the end of the month, click here.
Cardano Vasil Upgrade: Updates
The Vasil hard fork was supposed to be witnessed by the ADA community in July. The network will now undergo this major upgrade on September 22. While the community is anticipating this, the network appears to be well prepared for it to occur.
An ADA community member posted on Twitter that the network sync for Vasil node candidate 1.35.3 across 400 nodes was 99.77 percent. This implies an extremely high-performing network.
Cardano has seen widespread adoption in the last few months. Furthermore, Cardano was the most searched cryptocurrency on the popular analytics firm, LunarCrush. The asset’s popularity also links to the upcoming Vasil hard fork, according to the community.
ADA price
With the anticipation of the Vasil hard fork, the price has been faring pretty well as compared to the rest of the crypto market. At the time of writing, ADA is trading at $0.471418. ADA is up 1%, 5.5%, and 2.8% in the last 24 hours, 7 days, and 14 days, respectively.
But in terms of yearly performance, ADA is down 81.2%. This might see an improvement post the Vasil hard fork upgrade.