Cardano is preparing itself for the second biggest update in its history after the Alonzo hard fork. Vasil matters a lot to the entire Cardano ecosystem because it will add true meaning to investors’ faith in HODling.<\/span><\/p>\n The blockchain has always been a DeFi-centric chain, which is why right up to the moment it was set to receive the smart contract update, investors remained highly bullish on the coin and pumped it up all the way to $ 2.96. <\/span><\/p>\n But the disappointing beginning began a chain reaction that resulted in a price drop so severe it only stopped eight months later on 30 May.<\/span><\/p>\n The announcement of Cardano’s Vasil hard fork’s activation, as well as the broader market recovery, arrived together, and Cardano pretty much blew up.<\/span><\/p>\n Within 24 hours, ADA noted a 37.61% rally and shot the price up to $ 0.660.<\/span><\/p>\nCardano to make a comeback?<\/strong><\/h3>\n