Cardano Advances for Vasil Hard Fork, Exchanges are now More than 87% Ready for the Event!

Cardano's Vasil Hard Fork is just around the corner as and the exchanges are getting prepared for the event. The finality of the hard fork is just an inch away as nearly 98% of the mainnet blocks are already created and the top dApps by TLV have been tested and are ready for the upgrade.

Timeline of Cardano

While the prices of most cryptoassets have been plunging over the past week, a few cryptocurrencies have seen social interest in them surge as traders are seemingly looking to get involved.

The most popular altcoins, Cardano & Ripple, are trading with a huge bullish momentum since the pre-trading session and are aiming to close the day's trade on a bullish note. Both the altcoins have been stagnant for a prolonged period and due to this, the investors also lost their focus on the assets.

It's 2022, and the world of cryptocurrency has flipped as many popular cryptocurrencies have reduced substantially in value. Investing in any kind of stock or crypto requires deep analysis and studying patterns of bulls and dips.

With the Cardano [ADA] Vasil hard fork billed for 22 September, quite a few interesting things have been happening. Few weeks after its launch, Aada, a lending protocol on the Cardano mainnet, increased in a way no one could have predicted.

Vasil is an enhancement of the Cardano platform, “improving scalability and lowering transaction costs” It improves on the Plutus smart contract platform, “allowing developers to deploy more complex smart contracts,” according to an update shared by Poloniex.

With Cardano's Vasil hard fork set to go live on September 22, the blockchain network's native token has spiked by 2.1% within the last 24 hours to $0.45. The post Cardano's price jumps before imminent Vasil hard fork appeared first on CryptoSlate.

Wafini governance token $WFI will power the Wafini ecosystem, enabling holders to be integral in the development and growth of Wafini. Wafini just announced that they have closed a $200,000 pre-seed round in July.

Cardano's (ADA) blockchain is set for the Vasil Hard Fork upgrade on Sept. 22. Named in honour of Cardano community member, Vasil St. Dabov, who passed on in 2021, the much-anticipated upgrade is expected to bring about sweeping changes to the network, impacting transaction fees, speed and decentralized application development.

Cardano's Vasil hard fork is the most anticipated upgrade as it improves the functionality, performance, scalability, and interoperability of the Cardano network. The IOG/Cardano Foundation team will deploy the Vasil hard fork using the Hard Fork Combinator (HFC) technology on September 22.

Crypto whales are big players in the market. They always look for new investments that are stable, secure, and profitable. Flasko (FLSK), Solana (SOL), and Cardano (ADA) are the top three cryptocurrency initiatives that spark the interest of many crypto whales.