Cardano bulls run out of steam after Vasil hard fork — 40% ADA price crash in play
Most Cardano hard forks have preceded ADA price crashes, and Vasil looks no different.
Most Cardano hard forks have preceded ADA price crashes, and Vasil looks no different.
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.
Cardano's Vasil update is expected to be a bullish event, but macro fears are strongly countering the upside bias.
ADA prints modest upside moves that may run out of steam due to weak technicals and macro factors.
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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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…
ADA's price is above a key technical support level in the days leading up to the major Cardano upgrade.