Cardano (ADA) eyes 15% rally despite Charles Hoskinson's fear over 'macro fac...

Cardano (ADA) eyes 15% rally despite Charles Hoskinson's fear over 'macro fac...

Cardano's Vasil update is expected to be a bullish event, but macro fears are strongly countering the upside bias. Cardano (ADA) will undergo a major network update called "Vasil" on Sept. 22, potentially making its blockchain more scalable and cheaper. Nonetheless, the news has failed to spark any decisive upside momentum in ADA's market.Macro factors weigh on ADA's best upside scenarioIn detail, ADA's price has risen approximately 3.5% to $0.51 since the Vasil launch announcement, including a circa 14% rally followed by its near-perfect wipeout. In other words, traders initially bought....


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