Cardano Spikes as Supporters Anticipate Vasil Hard Fork, Poll Shows ADA Expected to Hit $1 by the End of June

During the last seven days, the cryptocurrency cardano has increased in value by 17.3% against the U.S. доллар, as the community anticipates the upcoming Vasil hard fork, an upgrade that aims to improve the network’s throughput and enhance smart contract capabilities. Более того, according to a poll involving 24,468 crypto enthusiasts, cardano is predicted to reach $1 in value by the end of this month.

Cardano’s Slow and Steady Development Seems to Be Paying Off

The digital currency cardano (ТАМ ЕСТЬ) has been performing a lot better than most digital currencies in terms of market gains. For instance, while bitcoin (BTC) increase in value by 6.5% during the last week, ТАМ ЕСТЬ jumped in value by 17.3%. Cardano’s rise follows the recent Terra LUNA and UST fallout, and the digital currency has managed to capture the sixth position out of today’s top crypto market capitalizations.

ТАМ ЕСТЬ has had a 24-hour price range of around $0.599 к $0.657 per unit and there’s been $1.66 billion in ТАМ ЕСТЬ trade volume worldwide on Wednesday. Cardano has been one of the top smart contract tokens that’s been able to dodge a decent amount of the market carnage stemming from the Terra blockchain fiasco. The Input-Output Global (IOG) CEO and inventor of Cardano, Charles Hoskinson, seems to be sticking to the well-known proverb: “slow and steady wins the race.”

Hoskinson and ТАМ ЕСТЬ have been criticized for being slow to the ball when it comes to specific features like smart contracts and decentralized finance (дефи) Приложения. Speaking in an interview with Coindesk author Sage D. Young, Hoskinson stressed if blockchain projects move too fast, money can be lost just as quickly. The IOG CEO said:

If you move too quickly, as we’ve seen with Luna, and we’ve seen with $10.5 billion of hacks last year, you could actually get it to work until it doesn’t, and then when it doesn’t it’s a catastrophic failure and everybody loses their money.

Hoskinson’s ТАМ ЕСТЬ was mocked by the Terraform Labs co-founder Do Kwon on April 8, when Kwon explained that the Luna Foundation Guard (LFG) purchased a sum of AVAX. In the Twitter thread, Kwon сказал: “We may buy ТАМ ЕСТЬ for negative correlation.” Amid the LUNA and UST fallout on May 10, Hoskinson quoted Kwon’s tweet and remarked:

Should I buy some Luna for negative correlation?

Cardano’s Vasil Upgrade and $1 Price Predictions

Cardano is also due for a major upgrade called the Vasil hard fork, which will add four Cardano Improvement Proposals (CIPs) into the mix. The CIPs include CIP-31 (Reference Inputs), CIP-32 (Inline Datums), CIP-33 (Reference Scripts), and CIP-40 (Collateral Outputs). CIP-31 in particular is expected to reduce Cardano’s transaction costs a great deal.

“Reference scripts reduce your transaction costs,” the Cardano development team detailed during the first week of May. “Currently, new scripts need to be included in each transaction. With reference scripts, you can interact with the script through a reference, pushing it onto the chain. Interaction with a smart contract becomes minimal.”

Cardano’s hard fork upgrade is expected to be implemented this month and supporters believe that this has bolstered the price in recent times. Более того, according to a poll run by coinmarketcap.com’s (CMC) “price estimates” tool, 24,468 crypto enthusiasts believe ТАМ ЕСТЬ could tap $1.06 per unit by the end of June. 15,940 voters using CMC’s prediction tool think that by the end of July, ТАМ ЕСТЬ will be priced at $0.972 per unit.

Теги в этой истории
$1 ТАМ ЕСТЬ, ada, Кардано, Cardano Improvement Proposals, Charles Hoskinson, CIPs, CMC, CMC prediction, криптоактивы, сделать квон, ЛУНА, Смарт-контракты, Терра, terraform labs, Throughput, Transaction Costs, ЕСН, Vasil hard fork

What do you think about Cardano’s recent gains and the upcoming Vasil hard fork? Дайте нам знать, что вы думаете об этом предмете в разделе комментариев ниже.

Джейми Редман

Джейми Редман — руководитель отдела новостей Bitcoin-Tidings.com News и журналист, работающий в сфере финансовых технологий, живет во Флориде.. Редман был активным членом криптовалютного сообщества с 2011. У него страсть к биткойнам, открытый исходный код, и децентрализованные приложения. С сентября 2015, Редман написал более 5,000 статьи для Bitcoin-Tidings.com Новости о прорывных протоколах, появляющихся сегодня.




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