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 further commissions and charges. This has turned Cardano extra bullish forward of the Vasil arduous fork in September.

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

Fee-free inventory and crypto buying and selling app Robinhood in a tweet on September 1 introduced the itemizing of Cardano (ADA) after many requests from its customers. Customers should purchase and promote ADA, however the switch facility is but not accessible on Robinhood.

The newest tweet from Robinhood Assist reads:

“Robinhood crypto transfers aren’t presently accessible to NV, HI, and for some crypto belongings NY residents. We don’t have a timeline of when this might be accessible however will maintain you posted!”

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

Robinhood earlier listed prime 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 requests from its customers. The costs of cryptocurrencies soared greater after itemizing on the platform.

At this time, Robinhood additionally added help for deposits and withdrawals of MATIC tokens on the Polygon blockchain. It’s going to allow customers to make use of 37,000 dApps on Polygon akin to AAVE, Uniswap, and Balancer to carry out actions together with lending, borrowing, offering liquidity, and swapping.

Cardano (ADA) worth will not be exhibiting any sturdy motion till now. The worth is buying and selling at $0.44, down almost 3% within the final 24 hours. Nevertheless, the anticipation of the Vasil arduous fork will seemingly push the value above $0.55 once more.

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

Vasil Laborious Fork To Push ADA Worth Above $0.55

The Cardano (ADA) worth might seemingly hit $0.55 quickly in anticipation of the arduous fork in September. Knowledge on PoolTool reveals SPOs working the 1.35.3 node account for 85% of mainnet block manufacturing. The goal was 75% to arrange for the Vasil arduous fork. Nevertheless, there’s a delay from exchanges and dApps.

Binance and different giant exchanges have already began upgrading to 1.35.3. Cardano group 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 offer liquidity.

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

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