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NewsBTC 2022-09-06 23:00:45

Top Exchanges Mark Readiness For Vasil, Can Cardano Rally To $1?

The Cardano Vasil hard fork is currently the second most anticipated upgrade in the crypto space, right behind the Ethereum Merge. This hard fork is just as important to the Cardano network as it not only improves the experience of developing on the network, it also strengthens the security of the blockchain. September has now been set as the month of the hard fork, and the most recent announcement from IOG shows that the network is almost there. Top Exchanges Getting Ready For Vasil Previously, IOG, the developer behind the Cardano network, had made it known that it needed to reach three different metrics for the hard fork to be completed. These included that at least 75% of all SPOs would have upgraded the final node version, the top 10 decentralized applications (DApps) would have upgraded to Vasil-supported nodes, and lastly, was that at least 25 top exchanges which represented 80% of all ADA liquidity would be ready for the upgrade. Related Reading: Ethereum Nears Another Milestone Ahead Of Merge, Rally Incoming? The first two metrics had quickly been hit. This is no surprise given both of these requirements needed to be carried out by the SPOs and DApps who were already Cardano natives. The exchanges part has proven to be the most difficult. However, some exchanges have taken the bull by the horns and have since become ready for the hard fork. Among the top exchanges that have reported readiness for Vasil are Gate.io, OK...

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