The popular cryptocurrency Cardano (ADA) continues to perform well in recent days. You can find the reasons behind this performance in the details of our news.
Cardano, which ranks seventh in the cryptocurrency market, has been performing well recently. One of the biggest reasons behind this performance is the upcoming Vasil hard fork can be said to be. Approximately delayed for 3 months The date of the major update has become clear recently, and this clarity has restored confidence in cryptocurrencies. In the statement made by the Cardano team, the Vasil update September 22 announced that it will take place on
Although the update, which has been at the center of discussions for a long time, passed the testing stages successfully, it had problems in transitioning to the mainnet due to security issues. In recent days, things have heated up about the update in question and the developers have been talking about the situation. disaster There were explanations that it was. After these developments, which can almost be described as “chaos”, team leader Hoskinson stated that there was no problem with the update and that the team was more ready than ever.
Coinecko According to the data of the last 7-day period 13% After the announcement of the last striking news and the clarification of the update date for Cardano, which showed an upward performance of around , the price followed a steady upward movement. With this performance, according to the market value Ripple‘I (XRP), Cardano is sitting in the seventh seat of the market. At the time of writing the news ISLAND price from $0.489 traded in the markets. Cardano, which has managed to maintain its top 10 position in the market ranking for a long time, with its market value of 16.5 billion dollars. 45 billion has a total supply.
The highly anticipated update for the Cardano network “Biggest and best upgrade ever” is defined as. According to the company’s statement, the update will also make it easier for developers. higher throughput, improved scripting performance and lower costs provides.
Although everything has been going well for the investors and the team in the process so far, the postponement of the update that will take place at the end of September again due to a possible problem may trigger a disaster on the price. Or in another scenario “sell the newsInvestors who see the opportunity can create a downward selling pressure.