Cardano's (ADA) Vasil Hard Fork Upgrade: Everything You Need to Know

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.

Timeline of Cardano

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.

On Wednesday (September 21), as global markets nervously wait for the conclusion of this month's meeting of the Federal Open Market Committee (FOMC), most non-stablecoin top 20 cryptoassets are in the red, but $ADA is not one of those. Currently (i.e. as of 10:10 a.m.

The current Cardano price analysis is bullish as it indicates an improvement in the coin's price as the bulls are trying to make a comeback once again. The past week proved damaging for the cryptocurrency as the price stooped low yesterday after improving to a limited extent on 19 September 2022.

The crypto market witnessed two major events in 2022- the Ethereum Merge and Cardano's Vasil Hardfork. On September 15, Ethereum successfully completed its merge which transformed the network from proof-of-work (PoW) to proof-of-stake (PoS).  Now, all eyes are on Cardano's upgrade which is focused on sustainability.

Popular cryptocurrency analyst Michaël van de Poppe has recently suggested that Cardano's upcoming Vasil hard fork, which is expected to deliver a “massive performance improvement” to the network, presents “massive opportunities” for $ADA.

The son of popular American rapper Snoop Dogg, Champ Medici, has released new music on the Cardano ($ADA) network in collaboration with popular non-fungible token (NFT) project Clay Nation. In total, three new music tracks were released exclusively to Baked Nation NFT holders.

Cardano co-creator Charles Hoskinson has recently suggested that there's “no going back” on the network's upcoming Vasil hard fork, which is expected to deliver “massive performance improvement” to the network but has been delayed a number of times.

The current Cardano price analysis suggests the price has been suppressed again from the bearish side, as a rejection from the upside has been reported for today. The price covers a range downwards below $0.450 due to the return of bearish pressure after a single day of bullish activity.

A popular crypto analyst thinks there's a gap between Cardano's (ADA) struggling price performance and the project's fundamentals. In a new YouTube video, crypto trader Michaël van de Poppe tells his 165,000 subscribers that there are “massive opportunities” surrounding Cardano's Vasil hard fork, which is slated to occur on September 22nd.