Cardano Vasil Hard Fork On The Horizon, Will ADA’s Price React To The Upside?

Cardano Vasil Hard Fork On The Horizon, Will ADA’s Price React To The Upside?

Cardano follows the general sentiment in the market and records a slight recovery during today’s trading session. If Bitcoin and larger cryptocurrencies managed to extend the bullish momentum, ADA seems poised to benefit.


Related Reading | Bitcoin Long-Term Holder Capitulation Approaching Bottom Zone, But Not Quite There Yet


At the time of writing, ADA’s price trades at $0.45 with a 2% profit in the last 24 hours. Over the last 7 days, Cardano remains in the red with a 6% loss.


ADA’s price trends to the downside on the 4-hour chart. Source: ADAUSDT Tradingview

The company behind Cardano’s development Input-Output Global (IOG) successfully forked the network’s testnet. An “important” step in the upcoming deployment of the Vasil upgrade on the mainnet.


The company called on to stakepool operators, exchange platforms, and other actors to “commence their final testing and integration processes”. One month from now, Cardano will launch Vasil on its mainnet and will complete one of its most important milestones for 2022.


According to IOG, Vasil will provide ..

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