Cardano after the Alonzo Hark Fork in 2021, rolled out the testnet of the Vasil Hard Fork recently which focuses on overall network scalability and connectivity. The founders are extremely confident in the smart contract, Plutus to be enhanced with the upgrade.
The Cardano blockchain is expected to receive a higher throughput with a strengthened DeFi, DEX and smart contracts.
As per some experts, the ADA price is expected to have a massive impact from the Mainnet lauch that may elevate the prices significantly. Moreover, the asset is expected to surpass $1 after the launch in the last week of July. While the positive roadmap is been laid for the blockchain and the ADA fiyatı, the probability of the impact being negligible emerges.
After a couple of days of the testnet being operative, the FUD of Cardano smart contracts may not be compatible is outspread.