
Most Cardano hard forks have preceded ADA price crashes, and Vasil looks no different.
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With the countdown now under 24 hours for Cardano’s most ambitious upgrade, all three metrics necessary to launch the awaited Vasil upgrade have been met.
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Cardano’s Vasil update is expected to be a bullish event, but macro fears are strongly countering the upside bias.
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ADA prints modest upside moves that may run out of steam due to weak technicals and macro factors.
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IOHK wants to see at least 75% of new blocks coming from upgraded nodes, along with two other “critical indicators” before implementing the Vasil hard fork.
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Following the recently published bitcoin price prediction report issued by the product comparison web portal finder.com, the site’s researchers polled 53 financial technology (fintech) specialists in order to forecast the future value of cardano (ADA). According to the survey’s participants, cardano is expected to end the year at $0.63 per unit and 51% of the […]
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With the Cardano testnet hard fork complete, all that remains is to fork the mainnet, which will come in about four weeks, or when developers have had enough time to prepare their tools for the upgrade.
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ADA’s price is above a key technical support level in the days leading up to the major Cardano upgrade.
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