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Vasil Hard Fork Month Starts With Robinhood Listing Cardano (ADA)

Vasil Hard Fork Month Starts With Robinhood Listing Cardano (ADA)

Fee-free investing app Robinhood on Thursday mentioned it has listed Cardano (ADA). Customers can now purchase and promote Cardano (ADA) with out further commissions and costs. This has turned Cardano extra bullish forward of the Vasil laborious fork in September.

Robinhood Lists Cardano (ADA) Earlier than the Vasil Exhausting 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 buy and promote ADA, however the switch facility is but not obtainable on Robinhood.

The newest tweet from Robinhood Assist reads:

“Robinhood crypto transfers should not at present obtainable to NV, HI, and for some crypto property NY residents. We don’t have a timeline of when this shall be obtainable however will preserve you posted!”

The itemizing of Cardano (ADA) proper earlier than the a lot anticipated Vasil laborious fork has made the Cardano group extra bullish over Cardano. Charles Hoskinson, the founding father of Cardano, has earlier claimed that the Vasil laborious 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 larger after itemizing on the platform.

In the present day, Robinhood additionally added assist for deposits and withdrawals of MATIC tokens on the Polygon blockchain. It would allow customers to make use of 37,000 dApps on Polygon similar to AAVE, Uniswap, and Balancer to carry out actions together with lending, borrowing, offering liquidity, and swapping.

Cardano (ADA) value shouldn’t be exhibiting any robust motion till now. The value is buying and selling at $0.44, down almost 3% within the final 24 hours. Nevertheless, the anticipation of the Vasil laborious fork will probably push the value above $0.55 once more.

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

Vasil Exhausting Fork To Push ADA Worth Above $0.55

The Cardano (ADA) value could probably hit $0.55 quickly in anticipation of the laborious fork in September. Knowledge on PoolTool exhibits SPOs working the 1.35.3 node account for 85% of mainnet block manufacturing. The goal was 75% to arrange for the Vasil laborious 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 laborious fork is not going to implement till the highest 5 exchanges are prepared to offer liquidity.

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