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Cardano Price Predictions: Where Will the Vasil Hard Fork Take the ADA Crypto? – InvestorPlace

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ADA is planning a hard fork next month
Cardano (ADA-USD) price predictions are a hot topic today with investors talking about an upcoming fork for the cryptocurrency.
Charles Hoskinson, the founder of Cardano, recently spoke about the plans to fork the crypto later this year. This new fork is called Vasil and will include four different CIPs. These are “CIP-31 (Reference Inputs), CIP-32 (Inline Datums), CIP-33 (Reference Scripts) and CIP-40 (Collateral Outputs).”
So what does this mean for ADA? Hoskinson is expecting the Vasil hard fork to offer “massive performance improvement,” to the crypto. The hard fork event is set to take place in June and traders might see early network tests this month, U Today notes.
With that hard fork just around the corner, there’s no doubt that investors in ADA are wondering what the future holds for it. Let’s jump into the latest Cardano price predictions below to find out!
ADA is up 1% over the prior 24-hour period but is still down 76% over the last year.
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On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.

Article printed from InvestorPlace Media, https://investorplace.com/2022/05/cardano-price-predictions-where-will-the-vasil-hard-fork-take-the-ada-crypto/.
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