Cardano Rosetta Release Ushers In Upcoming Vasil Upgrade

Cardano Rosetta 1.8.0, which simplifies the process of integration with Cardano, has been released
The Vasil Hard Fork sneaking up the corner has seen the rise of Solanas prices up by 27.20% since July 17th.

Github shared the good news to the Cardano community in Cardano Updates that the new Cardano Rosetta 1.8.0 is out. Cardano Rosetta pillars the long-awaited Vasil Upgrade. As dictated in the developer note;

This release supports the upcoming Vasil protocol upgrade.

The Dockerfile bundles cardano-node 1.35.3 and cardano-db-sync 13.0.4

cardano-rosetta 1.8.0: https://t.co/k4aOt0B6mN

Cardano Rosetta 1.8.0
Released by LaurenceIO – input-output-hk#Cardano $ADA

— Cardano Updates (@cardano_updates) August 16, 2022

Cardano rosetta is a stipulation and a set of tools that ease the process of integrating with Cardano. The open-source and decentralized platform’s aim is to make the coordination much faster and more reliable to serve an all-around coordinating structure. The key reason for coordinating with rosetta is to see that all blockchains using an interface interact without any problems using one interface.

Key Factors Leading To the Launch of Cardano’s Vasile Upgrade

The final Vasil node, version 1.35.3 has to create 75% of the mainnet blocks. The new node was released recently and is to be used in the pre-production environment and on the Vasil devnet.

https://t.co/mKfNskaFXG pic.twitter.com/wFTQMtuo50

— Charles Hoskinson (@IOHK_Charles) August 15, 2022

Secondly, Upto 25 exchanges have to be onboarded before the upgrade takes place, Lastly, the top Cardano-based decentralized applications must upgrade to the new node version 1.35.3.

Vasil Hard Fork Anticipation Effect on Cardano’s (ADA) Price

With a 27.20% leap from the 26th of July, ADA’s price is expected to be o the rise until the launch date of the fork.

Well, Not only is the price rising but as well as the number of transactions. In the past week, ADA has experienced a 20k up trajectory in the number of transactions carried out.

Part of the reason for the decrease in transactions could be the decrease in gas fees since May.

Charles Hoskinson, Co-founder of Cardono cleared the FUD that spread around concerning the release date of the Vasil Hard Fork through a video stating that things were moving on swiftly; “Vasil is looking good” and “Testers are pretty happy with it as well”.