{"id":10837,"date":"2022-09-05T23:04:00","date_gmt":"2022-09-05T20:04:00","guid":{"rendered":"https:\/\/alfacash.blog\/?p=10837"},"modified":"2024-02-19T21:50:27","modified_gmt":"2024-02-19T18:50:27","slug":"cardano-top-cryptocurrencies-market","status":"publish","type":"post","link":"https:\/\/alfacash.blog\/pl\/2022\/09\/05\/cardano-top-cryptocurrencies-market\/","title":{"rendered":"Among the top 7: Cardano rose in the crypto market"},"content":{"rendered":"<p>The Cardano (ADA) hard fork has generated great expectations in the market. Therefore, <strong>the cryptocurrency price shot up 5.4% in 24 hours<\/strong> and displaced XRP in the seventh position of market capitalization.<\/p>\n\n\n\n<p>Last Friday, <a href=\"https:\/\/alfacash.blog\/pl\/2021\/09\/12\/cardano-vs-ethereum-ktory-jeden-lepszy\/\" target=\"_blank\" rel=\"noreferrer noopener\">Cardano<\/a>&#8216;s founder Charles Hoskinson (Ethereum\u2019s co-founder also) announced that <strong>the Vasil hard fork would take place on September 22, 2022.<\/strong> Additionally, exchanges holding close to 80% of Cardano&#8217;s liquidity have started to upgrade to be ready for launch.<\/p>\n\n\n\n<figure class=\"wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\"><p lang=\"en\" dir=\"ltr\">VASIL UPGRADE: DATE CONFIRMED \ud83d\udcaa<br>Following the successful completion &amp; extensive testing of all core components, plus confirmed community readiness, we along with <a href=\"https:\/\/twitter.com\/CardanoStiftung?ref_src=twsrc%5Etfw\">@cardanostiftung<\/a> can today announce 22nd September for the <a href=\"https:\/\/twitter.com\/hashtag\/Vasil?src=hash&amp;ref_src=twsrc%5Etfw\">#Vasil<\/a> upgrade on the <a href=\"https:\/\/twitter.com\/hashtag\/Cardano?src=hash&amp;ref_src=twsrc%5Etfw\">#Cardano<\/a> mainnet. \ud83e\uddf5<a href=\"https:\/\/twitter.com\/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ADA<\/a><br>1\/9<\/p>&mdash; Input Output (@InputOutputHK) <a href=\"https:\/\/twitter.com\/InputOutputHK\/status\/1565736902204002312?ref_src=twsrc%5Etfw\">September 2, 2022<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n\n\n<p>Plik <a href=\"https:\/\/alfacash.blog\/pl\/2021\/02\/26\/cardano-ada-now-available-trading-alfacash\/\" target=\"_blank\" rel=\"noreferrer noopener\">Cardano<\/a> market price has hovered over the last 90 days between $0.40 and $0.66<strong>. <\/strong>Therefore, at the time of writing this article, it stands at $0.50 [CoinMarketCap]. Also, its market capitalization is $16.9 million, while XRP&#8217;s is 16.4 million.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>What is the Vasil update?<\/strong><\/h3>\n\n\n\n<p>Vasil is one of the most important updates of Cardano to date. It was scheduled <a href=\"https:\/\/alfacash.blog\/pl\/2022\/07\/11\/bitcoins-swinging-cardano-polygon-offer-new-promises\/\" target=\"_blank\" rel=\"noreferrer noopener\">for July<\/a> and is part of three hard forks described in the 2022 Cardano\u2019s <a href=\"https:\/\/roadmap.cardano.org\/en\/basho\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">roadmap<\/a>. With this update, <strong>Cardano seeks to increase the network&#8217;s capacity and impact the market by lowering the cost of network transactions<\/strong>.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/cardano-hardfork-1024x576.jpg\" alt=\"cardano-hard-fork\" class=\"wp-image-10858\" srcset=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/cardano-hardfork-1024x576.jpg 1024w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/cardano-hardfork-300x169.jpg 300w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/cardano-hardfork-150x84.jpg 150w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/cardano-hardfork-18x10.jpg 18w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/cardano-hardfork-270x152.jpg 270w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/cardano-hardfork-770x433.jpg 770w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/cardano-hardfork-903x508.jpg 903w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/cardano-hardfork-900x506.jpg 900w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/cardano-hardfork-370x208.jpg 370w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/cardano-hardfork-554x312.jpg 554w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/cardano-hardfork-306x172.jpg 306w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/cardano-hardfork-260x146.jpg 260w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/cardano-hardfork-87x49.jpg 87w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/cardano-hardfork.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n\n<p>Additionally, Vasil will offer enhancements to Plutus, the<a href=\"https:\/\/alfacash.blog\/pl\/2020\/12\/09\/czym-sa-inteligentne-kontrakty-do-czego-sluza\/\" target=\"_blank\" rel=\"noreferrer noopener\"> inteligentny kontrakt<\/a> platform of the Cardano blockchain. Thus, developers will be able to create more powerful and efficient blockchain-based applications.\u00a0<\/p>\n\n\n\n<p>Furthermore, Vasil will reduce block transmission latency, i.e., the time it takes for a block of transactions to propagate through the network. Cardano users <strong>do not need to take any action for the Vasil upgrade<\/strong>.<\/p>\n\n\n\n<p><strong>The Cardano hard fork will happen around the same time as the one upgrade of the second largest cryptocurrency on the market<\/strong>. We are talking about <a href=\"https:\/\/alfacash.blog\/pl\/2022\/08\/03\/ethereum-2-0-special-the-merge-and-new-perspectives\/\" target=\"_blank\" rel=\"noreferrer noopener\">The Merge<\/a> of Ethereum (ETH), an update that will take place in two phases. The first phase, Bellatrix, will take place on September 6. The second update phase for The Merge will go live sometime between September 10 and 20.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"682\" src=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/russia-goverment-crypto-1024x682.jpg\" alt=\"russia-government-crypto\" class=\"wp-image-10860\" srcset=\"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/russia-goverment-crypto-1024x682.jpg 1024w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/russia-goverment-crypto-300x200.jpg 300w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/russia-goverment-crypto-150x100.jpg 150w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/russia-goverment-crypto-18x12.jpg 18w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/russia-goverment-crypto-270x180.jpg 270w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/russia-goverment-crypto-770x513.jpg 770w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/russia-goverment-crypto-762x508.jpg 762w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/russia-goverment-crypto-773x515.jpg 773w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/russia-goverment-crypto-370x247.jpg 370w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/russia-goverment-crypto-554x369.jpg 554w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/russia-goverment-crypto-306x204.jpg 306w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/russia-goverment-crypto-368x245.jpg 368w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/russia-goverment-crypto-260x173.jpg 260w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/russia-goverment-crypto-87x58.jpg 87w, https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/russia-goverment-crypto.jpg 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure><\/div>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Bitcoin struggles to recover<\/strong><\/h2>\n\n\n\n<p>While Cardano is one of the most valuable crypto assets on the market, it has been ten days since the price of Bitcoin (BTC) <a href=\"https:\/\/alfacash.blog\/pl\/2022\/08\/29\/bitcoin-fell-mtgox-responsible-again\/\" target=\"_blank\" rel=\"noreferrer noopener\">remains<\/a> at $19,000. Bitcoin is struggling to hold onto that price as European stocks tumbled at the start of the week. Also, <strong>the euro <a href=\"https:\/\/www.ft.com\/content\/3fc13e81-ea91-4d4e-9184-4ae9b11f37c8\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">osi\u0105gni\u0119ty<\/a> its lowest price in 20 years, settling at $0.98<\/strong>.<\/p>\n\n\n\n<p>Meanwhile, the Ministry of Finance and the Bank of Russia have <a href=\"https:\/\/tass.ru\/ekonomika\/15646955\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">rethought<\/a> their approach to cryptocurrencies. They believe that soon <strong>they could legalize cross-border payments with crypto.<\/strong> This change of mind was recently stated by the Deputy Minister of Finance, Alexei Moiseev, in an interview in a local media.<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"has-text-align-center\"><em>Chcesz handlowa\u0107 BTC, ETH i innymi tokenami? Mo\u017cesz to zrobi\u0107<\/em>&nbsp;<em>bezpiecznie&nbsp;<a href=\"https:\/\/www.alfa.cash\/buy\/bitcoin\" target=\"_blank\" rel=\"noreferrer noopener\">na Alfacash<\/a>! I nie zapomnij, \u017ce rozmawiamy o tym i wielu innych rzeczach w naszych mediach spo\u0142eczno\u015bciowych.<\/em><\/p>\n\n\n\n<p class=\"has-text-align-center\"><a href=\"https:\/\/t.me\/AlfacashCommunity\" target=\"_blank\" rel=\"noreferrer noopener\">Telegram<\/a>&nbsp;*&nbsp;<a href=\"https:\/\/www.facebook.com\/alfacashstore\" target=\"_blank\" rel=\"noreferrer noopener\">Facebook<\/a>&nbsp;*&nbsp;<a href=\"https:\/\/www.instagram.com\/alfacashstore\" target=\"_blank\" rel=\"noreferrer noopener\">Instagram<\/a>&nbsp;*&nbsp;<a href=\"https:\/\/www.youtube.com\/channel\/UCOl4fdRHj8AseQ5b6z9udaw\" target=\"_blank\" rel=\"noreferrer noopener\">Youtube<\/a>&nbsp;*<a href=\"https:\/\/twitter.com\/AlfacashStore\" target=\"_blank\" rel=\"noreferrer noopener\">\u015awiergot<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Cardano (ADA) displaced XRP in the 7th market capitalization position after the Vasil hard fork had a confirmed date for the end of September.<\/p>","protected":false},"author":11,"featured_media":10852,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sitemap_exclude":false,"_sitemap_priority":"","_sitemap_frequency":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[47],"tags":[88,216,61,218,69],"class_list":{"0":"post-10837","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market-trends-alfacash","8":"tag-altcoins","9":"tag-cardano","10":"tag-cryptocurrencies","11":"tag-cryptocurrency-market","12":"tag-prices"},"featured_image_src":"https:\/\/alfacash.blog\/wp-content\/uploads\/2022\/09\/cardano-vasil-market.jpg","author_info":{"display_name":"Zuleika Salgado","author_link":"https:\/\/alfacash.blog\/pl\/author\/zuleika\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.4 (Yoast SEO v25.4) - 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