Cardano Prepares For Major Update, Will It Be Enough To Push Bears Back?

Cardano Prepares For Major Update, Will It Be Enough To Push Bears Back?


The Cardano network is preparing for its upcoming Hard Fork Combinator (HFC) event “Vasil”. The cryptocurrency has been undergoing several updates and optimizations but continues to follow the general market sentiment.

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In fact, Cardano (ADA) price has been trending downside since the end of 2021 when it broke below $2 and has continued in that direction as larger cryptocurrencies re-test critical support levels.

At the time of writing, ADA’s price trades at $0.80 with a 5% loss in the last 24-hours and a 6% loss in the past 7-days. The cryptocurrency has been moving down in terms of market cap after becoming one of the top 5 in these terms, but there are

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