Cardano Performance Changed Significantly After Vasil Hard Fork, Here Are Detailed Insights

Oct 10,2022
Cardano Performance Changed Significantly After Vasil Hard Fork, Here Are Detailed Insights

Two weeks after the biggest event in Cardano's life, Vassil Hard Fork, it can be said that the upgrade has had a very positive impact on the blockchain's technical characteristics, and detailed views have verified this.

After visiting the overview part of the Cardano Fans Stack Pool interface, it is not difficult to find that the number of ADA wallets has steadily increased, while the number of authorized persons who put ADA in chips has slightly lagged behind.

You can also notice the increase in the number of purchases and sales, which was generally the case before the Vasil hard fork. So far, this trend continues.

In addition, Cardano is close to the end of a deal that includes a large amount of money. Charles Hoskinson, the founder of Cardani, recently realized this.

Finally, the subject and object of Cardano's smart contract platform Plutus changed. According to the portal, since the release of Vasil hard fork, the platform has implemented 100 smart contracts. According to Plutus, there are 3392 smart contracts.

The actual effect is not very relaxing

However, since September 22, there have been some negative changes. For example, the total locking (TVL) of Cardano has decreased significantly. After Wassil's hard fork siege, TVL's total outflow from multiple platforms was $3 million. You can also see that the trading volume of ADA has decreased significantly, about 1 billion US dollars, which generally reflects the anxiety of investors in the volatile encryption market.

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