Cardano adds $2 billion to its market cap in a week as Vasil hard fork date confirmed
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In preparation for the Cardano (ADA) blockchain hard fork upgrade, Vasil, which is slated to go live on the mainnet on September 22, the decentralized finance (DeFi) cryptocurrency has experienced a significant increase in the amount of capital flowing into its market cap over the last week.
In particular, Cardano has seen over $2.1 billion enter its market capitalization over the last seven days as it went from $14.6 billion on August 29 to $16.7 billion on September 5, according to data retrieved by Finbold using CoinMarketCap. Currently, Cardano is trading at $0.48, down 1.% on the day but up in double digits across the week by as much as 13%. Regarding the Cardano price action, crypto trading expert Michaël van de Poppe believes ‘Cardano looks ready for continuation’ ahead of the upgrade.
Source || https://t.me/cryptochain_leaks
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