After experiencing multiple delays, the Cardano [ADA] network finally rolled out the long-awaited Vasil hard fork. just like the Ethereum community celebrated the completion of the merger, the ADA ecosystem quickly welcomed Vasil. While the delays led to backlash from the community, several people have suggested it was worth the wait.
On September 23 at 21:44:00 UTC, the Cardano network was successfully hard forked. A series of them praised the network for reaching this milestone. However, a few other projects noted how they were finally being prepared to implement their smart contracts on the network after Vasil.
A tweet from a music streaming marketplace seemed to grab the attention of Charles Hoskinson, the founder of Cardano. As deploying smart contracts has become cheaper and more efficient with the Vasil hard fork, Cardano will lure in a number of projects.
Time and again, the Cardano network has been criticized for being a “ghost chain.” The crypto community pointed out that other assets in the top ten were a much more popular choice as opposed to the ADA in terms of adoption.
Things have certainly taken a whole new turn with the Vasil hard fork. The network has not only welcomed a series of new projects to its ecosystem, but is making room for many more.
Cardano still in the red after Vasil
XRP was undoubtedly the star of the crypto market. ADA reflected the sentiment of the rest of the market. At the time of writing, the altcoin was trading at $0.455 with a 0.28 percent gain in the past 24 hours.
In addition, Cardano dropped to eighth position as its market cap fell to $15.54 billion.
Cardano’s social sentiment witnessed a massive push. Both social mentions and social engagements were at three-month highs.
