Logo
Cardano Ecosystem

Watcher Guru

09/02/2022

·

333 views


Cardano takes ‘final mile’ towards Vasil upgrade: ADA inclines

With the crypto market recovering on Friday, Cardano’s native token ADA was seen reaping gains. On the daily,…

Cardano takes ‘final mile’ towards Vasil upgrade: ADA inclines

With the crypto market recovering on Friday, Cardano’s native token ADA was seen reaping gains. On the daily, ADA was up by roughly 2%, trading at $0.456 at press time. Alongside the push received from the broader market, there was another catalyst sustaining Cardano’s rally.

Cardano developer Input Output announced Thursday that it was releasing new test versions of Daedalus, taking the network closer to the Vasil hard fork. The new test versions are available only for developers and stake pool operators working on the pre-production and preview testing environments.

As such, the road to Vasil has a couple of testing environments with different epoch lengths, purposes, and Plutus versions. The preview, as such, is a longer-term environment where developers can test the functionality of Vasil. The pre-production, on its part, is suitable for final stage integration or upgrade testing, for its environment matches the configuration of the mainnet.

The latest release, per Input Output, is a part of the “final mile” towards the Vasil upgrade.

Today, we’re releasing new TEST versions of Daedalus as part of the final mile toward the #Vasil upgrade.

Preview 5.0.0 and Preprod 5.0.0 are test-only versions of the #Daedalus wallet for devs and SPOs working in the preview and pre-production testing environments. 🧵

1/4 pic.twitter.com/BCJMKrnxjv

— Input Output (@InputOutputHK) September 1, 2022

Cardano network activity also acknowledges back

Alongside the price inclination highlighted above, Cardano remains the second most active chain. Over the past day, the Cardano network has been able to foster transactions worth $6.24 billion.

As illustrated below—the said number is higher than other leading blockchain networks like Ethereum [$5.51 billion], Litecoin [$2.77 billion], Ripple [$542 million], and Dogecoin [$358 million].

Source: Messari

Parallelly, the number of active addresses has been able to hover around the average levels. Additionally, as illustrated below, it has been making spikes now and then. An address, as such, is considered to be active when it becomes a direct participant in a successful transaction. So, the current state of this metric further assures that the participation by Cardano users is not lackluster at the moment.

Source: Messari
AD

World’s First Multi-Token ISPO — By Genius X - Starts on 12th of September, epoch 363!

Genius X, a revolutionary launchpad and business accelerator helping Web3 startups attain speed, scale, and edge, is thrilled to announce the world’s first Multi-Token ISPO.I WANT TO KNOW MORE!


Read Original Article on Watcher Guru

ORIGINAL SOURCE

https://watcher.guru/news/cardano-takes-...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


More from Watcher Guru

See more
Cardano Prediction: When Will ADA Recover From Its Slump?
Watcher Guru
Cardano Prediction: When Will ADA Recover From Its Slump?

last Tuesday at 1:51 PM

·

119 views

Related News

See more
WingRiders Governance Token

Featured News

See more

Featured ISPOs

Genius X
GENSX ISPOACTIVE

250M $GENSX · Ends in 09/12/2022


Featured Projects

Ada Handle
Ada Handle

NFT

Featured

Featured Events

Cardano Summit 2022
Cardano Summit 2022

11/20/2022 - 11/22/2022 · Lausanne, Switzerland


    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)
Bringing Fixed Assets (CNFT & CNT) Lending & Borrowing to CardanoWorld’s First Multi-Token ISPO — By Genius X