Cardano Approaches Important Price Level Encouraged by Upcoming Vasil Hard Fork

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Cardano Approaches Important Price Level Encouraged by Upcoming Vasil Hard Fork
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Cardano performs encouraging price action ahead of VasilHardFork, reaches major level cardanoada cardanocommunity vasil iohk cardanofeed $ada

Since the opening of the trading session today, the price of ADA managed both to fall by 1% and to grow by more than 4.7%. Trading activity in ADA is also evidenced by an increase in trading volume of nearly 40%, according toIn the general picture, cryptocurrency quotes are revolving around the price level of $0.455, a break and fixing at which could raise the price of ADA up to $0.6.

was already climbing above the level, but it failed to consolidate and went down, which makes it clear that this was most likely a false break.Nevertheless, the quotes are not far away from the level, and their location close to $0.455 hints at the possibility of a retest of the level. This should be facilitated by Vasil hard fork, the successful implementation of which could boost quotations.

The update will noticeably increase Cardano's performance, improve the Plutus smart contract platform and add the ability to transfer new types of tokens from

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