Vasil Hard Fork Month Starts With Robinhood Listing Cardano (ADA)

Fee-free investing app Robinhood on Thursday stated it has listed Cardano (ADA). Customers can now purchase and promote Cardano (ADA) with out extra fee fees and charges. This has turned Cardano extra bullish forward of the Vasil arduous fork in September.

Robinhood Lists Cardano (ADA) Earlier than the Vasil Onerous Fork

Fee-free inventory and crypto buying and selling app Robinhood in a tweet on September 1 introduced the itemizing Cardano (ADA) after many requests from its customers.

The itemizing of Cardano (ADA) proper earlier than the a lot anticipated Vasil arduous fork has made the Cardano neighborhood extra bullish over Cardano. Charles Hoskinson, the founding father of Cardano, has earlier claimed that the Vasil arduous fork will almost definitely occur in September.

Robinhood earlier listed vital cryptocurrencies together with Compound (COMP), Shiba Inu (SHIB), Polygon (MATIC), Solana (SOL), and Chainlink (LINK). Final month, Robinhood listed Avalanche (AVAX) and Stellar (XLM) after the requests from its customers. The costs of cryptocurrencies soared increased after itemizing on the platform.

In the present day, Robinhood additionally added assist for deposits and withdrawals of MATIC tokens on the Polygon blockchain. It’ll allow customers to make use of 37,000 dApps on Polygon reminiscent of AAVE, Uniswap, and Balancer to carry out lending, borrowing, offering liquidity, and swapping.

Cardano (ADA) value just isn’t displaying any robust motion till now. The worth is buying and selling at $0.44, down practically 3% within the final 24 hours. Nonetheless, the anticipation of the Vasil arduous fork will possible push the worth above $0.55 once more.

Furthermore, Robinhood Markets (HOOD) inventory value is buying and selling at $9.04, down over 5% on the time of writing.

Vasil Onerous Fork To Push ADA Worth Above $0.55

The Cardano (ADA) value could possible hit $0.55 quickly in anticipation of the arduous fork in September. Knowledge on PoolTool exhibits SPOs operating the 1.35.3 node account for 85% of mainnet block manufacturing. The goal was 75% to organize for the Vasil arduous fork. Nonetheless, there’s a delay from exchanges and dApps.

Binance and different giant exchanges have already began upgrading to 1.35.3. Cardano neighborhood is pushing Coinbase to improve to 1.35.3 because the Vasil arduous fork won’t implement till the highest 5 exchanges are prepared to supply liquidity.

Varinder is a Technical Author and Editor, Expertise Fanatic, and Analytical Thinker. Fascinated by Disruptive Applied sciences, he has shared his information about Blockchain, Cryptocurrencies, Synthetic Intelligence, and the Web of Issues. He has been related to the blockchain and cryptocurrency trade for a considerable interval and is at the moment overlaying all the most recent updates and developments within the crypto trade.

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