Cardano's Vasil hard fork boosts cryptocurrencies, XRP leads gains
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Cardano’s Vasil hard fork boosts cryptocurrencies, XRP leads gains

Nxtgen Virtue , , , ,

Bitcoin reclaimed the €19,000 mark in early Friday trading after Cardano announced a successful hard fork to their upgraded Vasil network. Among the top ten cryptocurrencies by market capitalization, XRP led gains. 

Fast facts

  • Cardano’s token, ADA, was up and running after Input Output hard forked the Cardano blockchain as part of the Vasil upgrade early this morning, which is expected to improve scalability and efficiency. 
  • Following the grant of another motion that set December 9 as a deadline for third parties to submit motions to seal evidence in the case, XRP led gains among all cryptocurrencies, rising more than 20% to trade at €0.49. 
  • Overnight, the Dow Jones Industrial Average fell 0.4%, the S& P 500 Index fell 0.8%, and the Nasdaq Composite Index fell 1.4%. 

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