Cardano runs into a resistance zone, can ADA traders anticipate a pullback

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. The Vasil upgrade was announced to be a success by IOHK.

Timeline of Cardano

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Despite the bullish fundamentals of Ethereum's merge, the price of the second largest cryptocurrency has continued its downtrend and registered a 10% loss in the past seven days.

The Cardano Vasil Hard fork happened on Thursday, September 22. However, it will finalize once five days pass, on September 27, based on an official announcement by Input Output HK, the developers of Cardano. Cardano (ADA/USD) is a Proof-of-Stake (PoS) blockchain platform that was founded on peer-reviewed research and was developed using an evidence-based methodology.

Cardano's ADA has reacted positively to news of the successful completion of the Vasil upgrade, rising 3.6% in the last 24 hours to trade at $0.4638. The post Cardano up 3% following completion of Vasil hard fork appeared first on CryptoSlate.

The current Cardano price analysis is bullish for today as the ADA/USD price level has reached the mark of $0.462 again as the coin found support and rejected further downside below $0.437.

Cardano's Vasil Hard Fork Upgrade is now live on the mainnet  The update went live on September 22 at 09:44 UTC.  After several delays and tribulations, Cardano's highly anticipated Vasil Hard Fork upgrade has finally been deployed on the mainnet.

After several months of delays, Cardano's newest and most significant upgrade, Vasil, has finally gone live.  The Vasil upgrade came after the platform had added smart contract functionality in September last year and brings significantly faster transaction times to Cardano, according to the Cardano Foundation.

The Vasil hard fork, a long-awaited upgrade to the Cardano blockchain, has finished its first stage early on Friday morning, according to the official Twitter feed of Cardano operator Input Output Global Hong Kong. According to Input Output Global in a Twitter thread, Vasil will make the Cardano network more efficient and cost-effective while also

As Cardano reported a successful hard fork to its updated Vasil network, Bitcoin rose back above US$19,000 in early Friday Asian trading. Among the top 10 cryptocurrencies by market capitalization, XRP had the most growth.

ADA, the native cryptocurrency of the Cardano blockchain has jumped 7% in the last 24 hours trading at $0.47. The latest price jump in Cardano ADA happens as the much-awaited Vasil hardfork on Cardano goes live.

Cardano's much-awaited Vasil upgrade will enable increased network capacity, higher throughput, and lower transaction costs on the peer-reviewed, proof-of-stake blockchain platform.