Flasko (FLSK) Set To Skyrocket As Ethereum (ETH) And Cardano (ADA) Investors Switching

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.

Timeline of Cardano, Ethereum,

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.

Data shows the Ethereum Proof-of-Work forks have sharply fallen down in the few days following the merge. Ethereum PoW Forks Have Fallen 66% In Just Five Days According to the latest weekly report from Arcane Research, the ETH PoW forks have performed very poorly against ETH since the merge.

The Ethereum Merge has been successfully completed and the network has been operating on a proof of stake mechanism for about a week now. The success of the upgrade has been lauded by many in the community who have praised the resourcefulness and the innovation of the Ethereum developers.

The Ethereum Merge has not just brought about a change in the blockchain network architecture but also trading behavior. The much anticipated Merge event sparked a debate on reliability of proof of stake in comparison with proof of work consensus.

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.

Ethereum price analysis is bearish today as we have seen a slight pullback to $1,350, where a lower local high is currently set. Therefore, ETH/USD is ready to continue even lower and spike below $1,300 previous major support.

On September 20, CryptoSlate published an article on the upcoming Shanghai upgrade, stating Ethereum withdrawals would not likely be activated. The post Developer consensus supports Ethereum withdrawals in upcoming Shanghai upgrade appeared first on CryptoSlate.

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.