Cardano (ADA) Price Prediction After New Node Version Release

Created by Charles Hoskinson, Cardano (ADA) was designed to address Ethereum's struggles—poor decentralization, scalability, and interoperability.

Following the project's commitment, the Cardano (ADA) team recently announced the launch of a new node version, Node 8.1.1. And while this announcement may have caused many investors to rejoice, it's essential to examine how it may affect the price of Cardano (ADA).

This article carefully examines Cardano (ADA)'s price prediction, determining if it's still a worthy investment or if investors should consider looking for a more promising project like Uwerx.

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What Does The Latest Node Version 8.1.1 Mean?

Cardano (ADA)'s Node Version 8.1.1 was released to improve platform-wide operations, including better user experience and faster transaction time.

The Node Version 8.1.1 distributes previous epoch boundary-driven computation across the whole epoch. Now, users can enjoy smoother and timely epochs transitioning and blockchain time periods.

According to Rick McCracken on Twitter, this Cardano (ADA) update also solves P2P and DNS-related issues to considerable extents.

How Does the New Node Impact Cardano's (ADA) Price?

Since the announcement was made about 36 hours ago, Cardano (ADA)'s price has mooned. Cardano (ADA) currently sells at $0.2832, following a 7.56% increase in the past 24 hours.

Cardano (ADA)'s trading volume has also increased by 91.46%, indicating strong buying pressure. However, while the potential bullish trend might be exciting, measuring how strong and long the ride will last is essential.

Cardano (ADA) may break the resistance level at $0.2695. But if it doesn't, it may retrace to the support level at $0.2605. If it breaks the support, the Cardano (ADA) price may continue to nosedive to $0.2312 before stabilizing.

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Uwerx (WERX) Presale Breaks New Bounds

Since the 2020 pandemic, more 9-5 workers have continued to transition into full-time freelancers. However, they still struggle to maximize revenue and enjoy the real earnings for their efforts, thanks to the exorbitant transaction fees that most popular freelance platforms charge.

But there is a solution. Uwerx, a crypto-based freelancing platform, has been designed to eliminate these fees. Now, as a freelancer, you can enjoy 99% of your revenues, paying only 1% as a transaction fee, unlike the 20% and 10% that Fiverr and Upwork charge, respectively.

Uwerx plans to facilitate a more transparent relationship between freelancers and clients. Both parties can now collaborate with improved security of escrow funds and assurance of reward for efforts.

Uwerx has completed its first 4 presale stages and is currently in the 5th presale stage. Uwerx has been listed on CoinSniper and is scheduled to list on Uniswap on the platform's launch date, August 4th, 2023.

The Uwerx team has launched the project's Alpha Platform and begun transitioning into Beta before the official launch.

Thanks to the limitless use cases it presents to freelancers and clients, Uwerx promises to be a brilliant investment opportunity for investors looking to maximize their ROIs.

One WERX token currently sells for $0.041 plus a 15% purchase bonus. And this offer remains valid until July 31st, 2023, when presales end.

Take advantage of the presale opportunity by joining now, as the price is expected to rise from $0.0415 to $0.047725. To benefit from the anticipated yield, ensure that your orders are placed before Wednesday, 28th at 18:00, as orders placed after that time will be completed at the corresponding price.

Explore the resources below for more updates on Uwerx:

Presale:  invest.uwerx.network

Telegram: https://t.me/uwerx_network

Twitter: https://twitter.com/uwerx_network

Website: https://www.uwerx.network/