{"id":255056,"date":"2022-09-01T20:00:59","date_gmt":"2022-09-01T14:30:59","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=255056"},"modified":"2022-09-01T21:01:30","modified_gmt":"2022-09-01T15:31:30","slug":"cardano-ada-holders-read-these-recent-updates-on-vasil-upgrade","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/cardano-ada-holders-read-these-recent-updates-on-vasil-upgrade\/","title":{"rendered":"Cardano [ADA] holders, read these recent updates on Vasil upgrade"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The entire crypto community has been waiting for the Vasil hard fork. Originally planned to go live earlier this year, the hardfork was delayed for several reasons. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Recently, Input Output Global (IOG) revealed many new developments through a <a href=\"https:\/\/twitter.com\/InputOutputHK\/status\/1565028360136400896\">tweet<\/a>, suggesting the wait will be over soon. Amidst the hype and excitement, ADA\u2019s chart indicated something more for the token in the coming days as it slowly recovers from last week&#8217;s plunge.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> At press time, ADA was trading at $0.4477 with a market capitalization of $15,105,557,162.<\/span><\/p>\n<h3><strong>Objects in the mirror appear closer\u00a0<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">Cardano developers are committed to making the Vasil hard fork rollout as seamless as possible. Therefore, the developers are ensuring that exchanges and Dapp developers have enough time to upgrade their nodes before the hard fork.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">A midweek <a href=\"https:\/\/twitter.com\/hashtag\/Vasil?src=hash&amp;ref_src=twsrc%5Etfw\">#Vasil<\/a> upgrade update!\ud83e\uddf5<\/p>\n<p>IOG &amp; <a href=\"https:\/\/twitter.com\/CardanoStiftung?ref_src=twsrc%5Etfw\">@CardanoStiftung<\/a> continue to work with the community readying for the <a href=\"https:\/\/twitter.com\/hashtag\/Vasil?src=hash&amp;ref_src=twsrc%5Etfw\">#Vasil<\/a> upgrade. Vasil brings numerous enhancements to <a href=\"https:\/\/twitter.com\/hashtag\/Cardano?src=hash&amp;ref_src=twsrc%5Etfw\">#Cardano<\/a>, from pipelining (adding throughput &amp; scalability) and exciting new <a href=\"https:\/\/twitter.com\/hashtag\/Plutus?src=hash&amp;ref_src=twsrc%5Etfw\">#Plutus<\/a> capabilities. 1\/8<\/p>\n<p>&mdash; Input Output Group (@IOGroup) <a href=\"https:\/\/twitter.com\/IOGroup\/status\/1565028360136400896?ref_src=twsrc%5Etfw\">August 31, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, IOG is tracking three mass indicators, namely, 75% of mainnet blocks created by the final release candidate, 25 exchanges upgraded, and the top 10 DApps by TVL updated ahead of the hard fork. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The good news is that IOG mentioned that more than 80% of SPOs have upgraded. And, more than 70% of the top DApps they were tracking have confirmed successful pre-production testing.\u00a0\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, two exchanges have already upgraded and are ready for the rollout, while 27 others are in the queue. All the aforementioned developments indicate the wait for the Vasil hard fork should be over. Undoubtedly, the upgrade is expected to be the most significant one in the Cardano ecosystem.<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/p>\n<h3><strong>What\u2019s more?<\/strong><\/h3>\n<p><span style=\"font-weight: 400;\">While IOG amplified its efforts for the hard fork, ADA\u2019s on-chain metrics correspond to it with several interesting movements. For instance, the social volume of ADA spiked in the last week. Thus, indicating the community\u2019s interest in the token ahead of the big day.\u00a0<\/span><\/p>\n<figure id=\"attachment_255066\" aria-describedby=\"caption-attachment-255066\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-12.50.37-01-Sep-2022.png\"><img decoding=\"async\" class=\"size-full wp-image-255066\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-12.50.37-01-Sep-2022.png\" alt=\"\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-12.50.37-01-Sep-2022.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-12.50.37-01-Sep-2022-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-12.50.37-01-Sep-2022-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-12.50.37-01-Sep-2022-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-12.50.37-01-Sep-2022-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-12.50.37-01-Sep-2022-2048x693.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-255066\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Additionally, ADA\u2019s daily active addresses chart was also consistent over the last month, which revealed the stats of steady active users in the community.\u00a0<\/span><\/p>\n<figure id=\"attachment_255067\" aria-describedby=\"caption-attachment-255067\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-13.48.16-01-Sep-2022.png\"><img decoding=\"async\" class=\"size-full wp-image-255067\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-13.48.16-01-Sep-2022.png\" alt=\"\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-13.48.16-01-Sep-2022.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-13.48.16-01-Sep-2022-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-13.48.16-01-Sep-2022-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-13.48.16-01-Sep-2022-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-13.48.16-01-Sep-2022-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-13.48.16-01-Sep-2022-2048x693.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-255067\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Furthermore, ADA also received a much-needed kickstart this month after registering a sluggish performance in the second half of August. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">A look at ADA\u2019s four-hour chart also painted a similar picture as the gap between the Exponential Moving Averages (EMAs) reduced considerably.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"> Thus, this may suggest a possible uptick in the coming days. The Chaikin Money Flow (CMF)\u2019s findings also complimented that of EMA Ribbon, as it moved upward.\u00a0<\/span><\/p>\n<figure id=\"attachment_255068\" aria-describedby=\"caption-attachment-255068\" style=\"width: 1814px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/ADAUSD_2022-09-01_12-55-42.png\"><img decoding=\"async\" class=\"size-full wp-image-255068\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/ADAUSD_2022-09-01_12-55-42.png\" alt=\"\" width=\"1814\" height=\"778\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/ADAUSD_2022-09-01_12-55-42.png 1814w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/ADAUSD_2022-09-01_12-55-42-300x129.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/ADAUSD_2022-09-01_12-55-42-1024x439.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/ADAUSD_2022-09-01_12-55-42-768x329.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/ADAUSD_2022-09-01_12-55-42-1536x659.png 1536w\" sizes=\"(max-width: 1814px) 100vw, 1814px\" \/><\/a><figcaption id=\"caption-attachment-255068\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">However, the Moving Average Convergence Divergence (MACD) suggested otherwise. A bearish crossover happened on 1 September, which reduces the possibility of a northward breakout in the short term.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The entire crypto community has been waiting for the Vasil hard fork. Originally planned to go live earlier this year, the hardfork was delayed for several reasons. Recently, Input Output Global (IOG) revealed many new developments through a tweet, suggesting the wait will be over soon. Amidst the hype and excitement, ADA\u2019s chart indicated something<a href=\"https:\/\/ambcrypto.com\/cardano-ada-holders-read-these-recent-updates-on-vasil-upgrade\/\">Continue reading <span class=\"sr-only\">&#8220;Cardano [ADA] holders, read these recent updates on Vasil upgrade&#8221;<\/span><\/a><\/p>\n","protected":false},"author":70,"featured_media":255107,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-255056","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cardano [ADA] holders, read these recent updates on Vasil upgrade - AMBCrypto<\/title>\n<meta name=\"description\" content=\"The entire crypto community has been waiting for the Vasil hard fork. 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