{"id":256122,"date":"2022-09-08T15:00:42","date_gmt":"2022-09-08T09:30:42","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=256122"},"modified":"2022-09-08T12:22:30","modified_gmt":"2022-09-08T06:52:30","slug":"cardano-latest-vasil-fork-enhancements-has-ada-holders-feeling-like","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/cardano-latest-vasil-fork-enhancements-has-ada-holders-feeling-like\/","title":{"rendered":"Cardano: Latest Vasil fork enhancements has ADA holders feeling like&#8230;"},"content":{"rendered":"<p>Cardano&#8217;s [ADA] demand, from institutional or retail investors, seems to be rising since the beginning of this year.<\/p>\n<p>Well, despite the bearish trend, institutional investors have shown interest in altcoin investment products as per <a href=\"https:\/\/blog.coinshares.com\/volume-96-digital-asset-fund-flows-weekly-report-b4c294e4ea00\">CoinShares&#8217; report<\/a>. Thus, <a href=\"https:\/\/blog.coinshares.com\/volume-96-digital-asset-fund-flows-weekly-report-b4c294e4ea00\">offering exposure<\/a> to Cardano [ADA] and other tokens.<\/p>\n<p>But the question is- Could ADA reiterate the same love to these investors?<\/p>\n<h3><strong>Backing myself<\/strong><\/h3>\n<p>The Cardano blockchain\u2019s hard fork upgrade, Vasil is scheduled for mainnet on 22 September, according to Cardano developer and operator Input Output Global\u2019s (IOG) <a href=\"https:\/\/twitter.com\/InputOutputHK\/status\/1565736902204002312?s=20&amp;t=-zxeFdbgrJThDC6qt1FetA\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Twitter announcement<\/a> over the weekend.<\/p>\n<p>Needless to say, until then, the team added different updates to keep critics at bay.<\/p>\n<p>The latest update saw &#8216;Hard-Fork Enhancements&#8217; from Vasil to incorporate\/deepen Cardano&#8217;s ability as highlighted by the team at the Cardano Foundation.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Vasil?src=hash&amp;ref_src=twsrc%5Etfw\">#Vasil<\/a> Hard-Fork<br \/>Enhancements from Vasil will enable further projects to launch on the <a href=\"https:\/\/twitter.com\/hashtag\/Cardano?src=hash&amp;ref_src=twsrc%5Etfw\">#Cardano<\/a> blockchain \ud83d\ude80<\/p>\n<p>Find out more \u27a1\ufe0f <a href=\"https:\/\/t.co\/aIKN5OKYL1\">https:\/\/t.co\/aIKN5OKYL1<\/a><a href=\"https:\/\/twitter.com\/hashtag\/CardanoCommunity?src=hash&amp;ref_src=twsrc%5Etfw\">#CardanoCommunity<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BuildingOnCardano?src=hash&amp;ref_src=twsrc%5Etfw\">#BuildingOnCardano<\/a> <a href=\"https:\/\/t.co\/tHvF7xJCln\">pic.twitter.com\/tHvF7xJCln<\/a><\/p>\n<p>&mdash; Cardano Foundation (@Cardano_CF) <a href=\"https:\/\/twitter.com\/Cardano_CF\/status\/1567399767155638273?ref_src=twsrc%5Etfw\">September 7, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The said upgrade was <a href=\"https:\/\/cardanofoundation.org\/en\/news\/the-vasil-hard-fork-a-new-update-to-scale-and-optimize-the-cardano-blockchain\/?utm_content=220381537&amp;utm_medium=social&amp;utm_source=twitter&amp;hss_channel=tw-4135644558\">named<\/a> after its late Bulgarian community member Vasil St. Dabov, who was the Chief Blockchain Advisor at software R&amp;D firm Quanterall before his passing in December 2021.<\/p>\n<p>Throughput, script efficiency, and block transmission time would improve as a result of the upgrade, which also makes use of Cardano\u2019s hard fork combinator (HFC) technology.<\/p>\n<p>In this regard, the blog <a href=\"https:\/\/cardanofoundation.org\/en\/news\/the-vasil-hard-fork-a-new-update-to-scale-and-optimize-the-cardano-blockchain\/?utm_content=220381537&amp;utm_medium=social&amp;utm_source=twitter&amp;hss_channel=tw-4135644558\">added,<\/a><\/p>\n<blockquote><p>&#8220;The decentralization parameter\u2014or d-parameter\u2014 will be removed, thus preventing re-federation. This upgrade will also introduce changes that enhance the handling of on-chain (Plutus) scripts, thus reducing script execution costs, transaction size and improving throughput.&#8221;<\/p><\/blockquote>\n<p>Indeed, the most ambitious update initiative for the Cardano network.<\/p>\n<p>Did traders\/investors cherish this development? As per Santiment&#8217;s trading volume data, ADA&#8217;s trading volume on 7 September had surged to more than 850m.<\/p>\n<figure id=\"attachment_256167\" aria-describedby=\"caption-attachment-256167\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-18.14.18-07-Sep-2022.png\"><img decoding=\"async\" class=\"wp-image-256167 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-18.14.18-07-Sep-2022.png\" alt=\"\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-18.14.18-07-Sep-2022.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-18.14.18-07-Sep-2022-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-18.14.18-07-Sep-2022-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-18.14.18-07-Sep-2022-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-18.14.18-07-Sep-2022-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/Cardano-ADA-18.14.18-07-Sep-2022-2048x693.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-256167\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p>The sudden spike indicated that traders\/investors jumped into this pool to showcase their support.<\/p>\n<p>Meanwhile, Cardano stood in the top three actively developed projects for the week, with 490 Github contributions. Although development activity has little to no effect on short-term market prices, it could be a positive sign for the project&#8217;s long-term development.<\/p>\n<h3><strong>All comes down to&#8230;<\/strong><\/h3>\n<p>At the time of writing, ADA&#8217;s struggle continued to haunt its holders as ADA consolidated around the $0.45 mark. Could it ever surpass the resistance zone?<\/p>\n<p>While critics continue to censure the network for its slow development, some analysts did lay out support by stating that the price of the smart contract platform Cardano [ADA] could soon surge.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ADA<\/a>: I have some friends in this one, it looks decent relative to other alts rn. I dont think this is necessarily &#39;the bottom&#39; and .55 should be resistance. That said, this almost looks like accumulation on higher time frame charts. <a href=\"https:\/\/twitter.com\/hashtag\/Cardano?src=hash&amp;ref_src=twsrc%5Etfw\">#Cardano<\/a> <a href=\"https:\/\/t.co\/7VCGHXocU7\">pic.twitter.com\/7VCGHXocU7<\/a><\/p>\n<p>&mdash; Altcoin Sherpa (@AltcoinSherpa) <a href=\"https:\/\/twitter.com\/AltcoinSherpa\/status\/1566426381185126401?ref_src=twsrc%5Etfw\">September 4, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano&#8217;s [ADA] demand, from institutional or retail investors, seems to be rising since the beginning of this year. Well, despite the bearish trend, institutional investors have shown interest in altcoin investment products as per CoinShares&#8217; report. Thus, offering exposure to Cardano [ADA] and other tokens. But the question is- Could ADA reiterate the same love<a href=\"https:\/\/ambcrypto.com\/cardano-latest-vasil-fork-enhancements-has-ada-holders-feeling-like\/\">Continue reading <span class=\"sr-only\">&#8220;Cardano: Latest Vasil fork enhancements has ADA holders feeling like&#8230;&#8221;<\/span><\/a><\/p>\n","protected":false},"author":68,"featured_media":256174,"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-256122","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 v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cardano: Latest Vasil fork enhancements has ADA holders feeling like... - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Well, despite the bearish trend, institutional investors have shown interest in altcoin investment products as per CoinShares&#039; report.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/cardano-latest-vasil-fork-enhancements-has-ada-holders-feeling-like\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cardano: Latest Vasil fork enhancements has ADA holders feeling like... - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Cardano&#039;s demand, from institutional or retail investors, seems to be rising since the beginning of this year. Well, despite the bearish trend,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/cardano-latest-vasil-fork-enhancements-has-ada-holders-feeling-like\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-08T09:30:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/09\/ryland-dean-6k6N8HTrXyE-unsplash.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"795\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Shubham Pandey\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/crypto_shubham\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shubham Pandey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/cardano-latest-vasil-fork-enhancements-has-ada-holders-feeling-like\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/cardano-latest-vasil-fork-enhancements-has-ada-holders-feeling-like\\\/\"},\"author\":{\"name\":\"Shubham Pandey\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/7710783316829dfc843195d4eafda9e4\"},\"headline\":\"Cardano: Latest Vasil fork enhancements has ADA holders feeling like&#8230;\",\"datePublished\":\"2022-09-08T09:30:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/cardano-latest-vasil-fork-enhancements-has-ada-holders-feeling-like\\\/\"},\"wordCount\":445,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/cardano-latest-vasil-fork-enhancements-has-ada-holders-feeling-like\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/09\\\/ryland-dean-6k6N8HTrXyE-unsplash.jpg\",\"articleSection\":[\"Altcoin\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/cardano-latest-vasil-fork-enhancements-has-ada-holders-feeling-like\\\/#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/cardano-latest-vasil-fork-enhancements-has-ada-holders-feeling-like\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/cardano-latest-vasil-fork-enhancements-has-ada-holders-feeling-like\\\/\",\"name\":\"Cardano: Latest Vasil fork enhancements has ADA holders feeling like... - 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