Maybe for many to Cardano (ADA) The extreme popularity shown lately is a strange situation. However Cardano Founder Charles Hoskinson This is perfectly normal for him. As a matter of fact, Hoskinson has been expressing Cardano’s great rise at every opportunity for a long time.
Hoskinson, who speaks in support of those who believe that the biggest reason is Vasil’s hard fork today, states that a huge upward wave will come after the said hard fork.
After an extremely bad week for the entire crypto market, things may be looking good for Cardano. Indeed, well-known Twitter user Cardano Dan also stated that Cardano has seen the strongest weekly volume since the peak of the bull market.
Adding that ADA has seen the biggest wick since March 2020, Cardano Dan expressed this with a graphic he shared. Because the last time such a downward wick was seen, it was seen that the price started to rise seriously. However, it should not be forgotten that this situation was similar for the entire market.
Now that’s a wick! #Cardano $ADA pic.twitter.com/80ebn344zO
— Card₳no Dan 🌑 ADA (@CardanoDan) May 16, 2022
Expressing that the testnet could be ready even at the end of this month, Hoskinson announced that Vasil Hard Fork is on its way and is on the schedule scheduled to take place on June 29.
The famous CEO also stated that he expects the update to greatly improve the performance of Cardano’s smart contract capabilities.