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Cardano's Vasil Upgrade Goes Live on Testnet - When Will It Be Launched on Mainnet?

 


Today, Input-Output (IOHK) announced that the most anticipated Vasil hard fork on Cardano's testnet has completed. It added that this is an important step towards the Vasil upgrade on mainnet.


Vasil upgrade will boost Cardano

The statement mentioned that the network is now inviting stake pool operators (SPO) and developers to build on Cardano. Besides, it emphasizes that crypto exchanges are also welcome to start their final testing and integration processes.


The Twitter thread highlighted that the Vasil upgrade is the most emerging program IOHK has undertaken to date. The main focus is on ensuring a safe upgrade as the whole community is involved.


The Vasil upgrade will improve the ability and performance of the Cardano network. In the meantime, more updates will follow over the next few weeks as the test progresses.


Cardano has been in a downtrend since the beginning of the year. ADA price is down 61% in the last 90 days. 


When will the mainnet proposal be presented?

It is expected that once the whole process is completed, the ADA price will increase as it is the much-anticipated upgrade for the network. IOHK added that the community has requested a 4-week grace period after the testnet hard fork. This will allow SPOs, developers and exchanges to test the fork. 


In the meantime, IOG will work with exchanges and DApp developers to simplify the process. The update proposal to upgrade the Cardano mainnet to Vasil will be presented as soon as the partners agree.

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