MINA price down nearly 4% on eve of final test for Berkeley upgrade

Source Fxstreet
  • Mina Protocol’s devnet upgrade, the final test before Berkeley, is lined up for April 9. 
  • The upgrade will bring three key features to the community, likely to boost the protocol’s utility. 
  • MINA price is losing nearly 4% of its value on Tuesday. 

MINA Protocol (MINA) price is preparing for the final step before Berkeley, a major mainnet upgrade for the project. The devnet upgrade is planned for April 9, and the focus is on three key features that are likely to boost MINA’s utility among users. 

MINA price is down nearly 4% on Tuesday. 

MINA prepares for devnet upgrade on April 9

MINA protocol, considered one of the lightest blockchains, is currently counting down to the devnet upgrade. The devnet upgrade on April 9 is the final step in the process to launch Mina’s major upgrade, Berkeley. 

The technical enhancement is focused on three features voted on by the community:

  • Easier zero-knowledge application programmability (Mina Improvement Proposal (MIP) 4)
  • Introduction of a powerful proof system (MIP 3)
  • Removal of a short-term incentive, Supercharged Rewards (MIP 1)

The protocol’s official blog post outlines how contributors have extensively tested and pushed the network to its limit, and MINA is ready for its final stage of testing on April 9. The devnet is an environment designed for experimentation before technical upgrades go live on the project’s mainnet. 

MINA

Mina’s Berkeley Upgrade plan 

MINA price corrects ahead of key upgrade

MINA price is down nearly 4% on Tuesday, as the project prepares to take its Berkeley upgrade live on the devnet. MINA is trading at $1.0866 on Binance, down nearly 7% on the monthly time frame. 

MINA price has been in a downtrend since its March 12 local top of $1.7226, consistently forming lower highs and lower lows on the daily timeframe. 

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Ethereum (ETH) Price Closes Above $3,900 — Is a New All-Time High Possible Before 2024 Ends?Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.
Author  Beincrypto
Dec 17, 2024
Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.
placeholder
Gold Price Forecast: XAU/USD surges to all-time high above $4,650 amid Greenland tariff threatsGold price (XAU/USD) rises to a fresh record high near $4,675 during the early Asian session on Monday. The precious metal gains momentum after US President Donald Trump said he would slap tariffs on eight European nations that have opposed his plan to take Greenland.
Author  FXStreet
Jan 19, Mon
Gold price (XAU/USD) rises to a fresh record high near $4,675 during the early Asian session on Monday. The precious metal gains momentum after US President Donald Trump said he would slap tariffs on eight European nations that have opposed his plan to take Greenland.
placeholder
Bitcoin Holds $93K as Bulls Signal a ‘Buy-the-Dip’ MentalityBitcoin's recent fall to $91,800 signals a leverage reset, not a panic-driven sell-off, with $233 million in long positions liquidated.
Author  Mitrade
22 hours ago
Bitcoin's recent fall to $91,800 signals a leverage reset, not a panic-driven sell-off, with $233 million in long positions liquidated.
placeholder
Gold nears $4,700 record as US–EU trade war fears ignite haven rushGold (XAU/USD) rallies on Monday after falling to a four-day low on Friday, edging up more than 1.50%, and hovers near the $4,700 figure after reaching a new all-time high courtesy of geopolitical uncertainty amid the US-European Union trade-war escalation over the weekend.
Author  FXStreet
22 hours ago
Gold (XAU/USD) rallies on Monday after falling to a four-day low on Friday, edging up more than 1.50%, and hovers near the $4,700 figure after reaching a new all-time high courtesy of geopolitical uncertainty amid the US-European Union trade-war escalation over the weekend.
placeholder
Bitcoin options open interest hits $74.1B, topping futures volume for the first time: CheckonchainBitcoin options open interest hit $74.1B vs. $65.2B futures as BTC trades at $93,189; Checkonchain flags IBIT/Deribit concentration and a 15% hashrate drop.
Author  Mitrade
21 hours ago
Bitcoin options open interest hit $74.1B vs. $65.2B futures as BTC trades at $93,189; Checkonchain flags IBIT/Deribit concentration and a 15% hashrate drop.
goTop
quote