Cardano and Ethereum continue to blow the crypto space despite the ongoing market bloodbath. In detail, both networks are gearing up to launch their latest technology developments this year. This technology is said to bring major changes in the network that will benefit all its users.
Read CRYPTONEWSLAND onFor Cardano, the Vasil upgrade is positioned to bring a major performance development to the platform. Through this, Cardano investors can expect improvement in the smart contract capabilities of the network. The upgrade is expected to happen this month of June.
Meanwhile, the Ethereum developers revealed that the migration from Proof-of-Work (PoW) to Proof-of-Stake (PoS) will happen by August. However, this time frame could still change depending on the result of the project’s development.
On the other hand, both crypto assets maintain their position as one of the top 10 crypto assets in CoinGecko. Currently, Ethereum keeps its trends beside BTC with a trading price of nearly $2000. It has a 24-hour trading volume of more than $13 billion. If ETH maintains its position along with its future upgrade, there is a chance that the crypto might hit $4000K in the following months. This price position is just 100% away from its current price.
Meanwhile, Cardano kept its position cool with a trading price of $0.51 with a 24-hour trading volume of more than half a million dollars. The recent price position of Cardano is a strategic position that, if maintained, can surge to over $1. This is a price level that ADA had already reached in the past months. Therefore, with the nearing launch of Vasil, ADA might have a big chance to regain its bullish throne once again.
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