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Cardano Ready to Launch Vasil Upgrade: What You Need to Know

Cardano has met the critical mass indicators for the Vasil upgrade, set to enhance scalability and performance. Learn what to expect and why it matters.
Published on 2022-09-22

Cardano Ready to Launch Vasil Upgrade: What You Need to Know

Cardano has reached the three critical mass indicators required to trigger the highly anticipated Vasil upgrade. This milestone means the upgrade is set to go live shortly, with over 98% of Cardano nodes updated. The upgrade is expected to significantly improve the network's scalability and performance.

What to Expect from the Upgrade

The Vasil upgrade is a two-phase process. The first phase is set to go live within the next 18 hours, with the second phase expected to be completed by September 27. Once fully implemented, the upgrade promises to make decentralized applications (DApps) on Cardano faster and more sophisticated. Additionally, users can expect greater scalability and lower transaction fees.

Market Reaction and Outlook

Cardano (ADA) has shown no clear bullish signals ahead of the upgrade, with only a marginal 0.4% gain in the last 24 hours. Despite this, the IOHK team has emphasized that this is the most significant update to Cardano so far, highlighting its potential to scale the network's performance.

Why This Matters

The Vasil upgrade is a major step forward for Cardano, aiming to enhance its scalability and attract more developers and users to its ecosystem. With major exchanges like Binance already showing support, this upgrade could position Cardano as a stronger competitor in the blockchain space. Stay tuned for further updates as the upgrade unfolds.

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