Cardano’s latest node upgrade can help you decide on future investments

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Cardano’s latest node upgrade can help you decide on future investments

gimbal, the eighth largest cryptocurrency network has had a tough run in the crypto market. Although the network has seen significant developments, the price of ADA has never really repeated the same enthusiasm.

But with each development, the network has become stronger or better than before.

No trust issues whatsoever

The Flagship Network saw another successful implementation of Vasil Knot 1.35.3 regarding Cardano stake pool operators (SPO).

Here, several SPOs tested the latest Cardano node 1.35.3. Everyone reported ‘ERROR FREE’ according to the tweet mentioned below.

All that’s left is to at least 75% SPOs to upgrade their core network nodes to said version. Following this, the highly anticipated Vasil hard fork could become a reality.

Until now, many SPOs used the aforementioned testnet. And, reported positive feedback about the same.

Consider this: Cardano user Adam Dean, who reported some testnet issues in the upcoming Vasil hard fork, shared a screenshot of his latest Vasil tests.

Same Charles Hoskinsonthe managing director behind said network had shared this development on the social media platform.

Previously, the node had been “heavily tested” after urging SPOs to switch to the node.

Various ADA enthusiasts such as pool operator Cardano, Andrew Westberg sounded the bullish bugle. He added,

“The 1.35.3 patch is successful and confirmed by many other SPOs who helped testing. Looks good for Vasil Hardfork.

Moving on to the coin, ADA saw some improvements in the price, as well as the chain action.

Trading volume for ADA jumped to 630 million at the time of writing. This surge represented the increased traction/demand for ADA among traders/investors.

Source: Santiment

Additionally, ADA on the social front saw a green signal. Here, social mentions and engagement leaps 57% and 10% respectively.

Finally, the price of the coin also saw an upward movement. Nonetheless, ADA, at press time, was still down more than 20% in a week.

At the time of writing, ADA was trading around the $0.45 mark with another 2% rise in 24 hours.

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