![Cardano [ADA] finally attaches a date to the Vasil upgrade— Decoding the details](https://i.headtopics.com/images/2022/9/3/cryptoamb/cardano-ada-finally-attaches-a-date-to-the-vasil-upgrade-decoding-the-details-1566087412568231936.webp)
After many months of speculation, the Cardano [ADA] Vasil upgrade date has been finally revealed. According to Input Output, the upgrade would happen on 22 September. This announcement comes after founder Charles Hoskinson on 26 August, had said the ADA team was waiting on exchanges to have everything in order. With the development meant all […]
While the much-anticipated event had stalled with a series of postponements, Input Output restated that it would bring so many benefits to the ADA ecosystem.
In summary, the Vasil upgrade would bring cheaper transactions and an increase in Cardano’s network capability. This announcement comes after investment platform RobinhoodFor developers, the upgrade offers an opportunity to build better decentralized applications via the ADA ecosystem. It may seem that these developers do not plan to wait until the final upgrade before they begin.
According to Essential Cardano, projects built on the network have continued to increase. Based on its latestThis brought the total number of projects built to 1,076 at August ending from 1,045 at the end of July. Additionally, it had gone up to 1,082 from the few days in September. All of these involved six million native tokens and 49.1 million transactions in the last one week.that the decrease had been in progress since 31 August.
However, it seemed that Cardano did most of the work between 23 August and 30 August. As for its active addresses, there has been some reaction. At press time, the ADA 24-hour active addresses had increased to 63,183.Interestingly, ADA looks to be on its way to turning the update into profits for its investors.
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Cardano [ADA] holders, read these recent updates on Vasil upgradeThe 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’s chart indicated something […]
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