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
USD/JPY Hits 160.00 Mark, Will Japanese Government Intervene? Will the Currency’s Rally Be Contained?As of March 30, the US Dollar against the Japanese Yen ( USDJPY) continues to fluctuate at high levels near the 160 mark, with the Yen having fallen to a nearly one-year low. Expectations
Author  TradingKey
8 hours ago
As of March 30, the US Dollar against the Japanese Yen ( USDJPY) continues to fluctuate at high levels near the 160 mark, with the Yen having fallen to a nearly one-year low. Expectations
placeholder
Gold Price Forecast: XAU/USD opens lower around $4,450 on fears of widening Iran conflictsGold price (XAU/USD) opens over 1% lower to near $4,445.00 on Monday, as oil prices have rallied further on fears of further widening of conflicts in the Middle East. WTI Oil price is up almost 3% above $102.50 in the opening trade, increasing fears of higher inflation expectations globally.
Author  FXStreet
16 hours ago
Gold price (XAU/USD) opens over 1% lower to near $4,445.00 on Monday, as oil prices have rallied further on fears of further widening of conflicts in the Middle East. WTI Oil price is up almost 3% above $102.50 in the opening trade, increasing fears of higher inflation expectations globally.
placeholder
Seesaw Effect Continues. US Pre-Market Three Major Index Futures Weaken, Oil Prices Rise, Bitcoin Drops Below 68,000 MarkAgainst a backdrop of intertwined geopolitical risks and macroeconomic uncertainty, global market sentiment has repeatedly diverged. In Friday pre-market trading ET, the three major U.S.
Author  TradingKey
Mar 27, Fri
Against a backdrop of intertwined geopolitical risks and macroeconomic uncertainty, global market sentiment has repeatedly diverged. In Friday pre-market trading ET, the three major U.S.
placeholder
Australian Dollar falls to two-month lows on US–Iran peace uncertaintyAUD/USD extends its losing streak for the fourth consecutive day, trading around 0.6880 during the Asian hours on Friday.
Author  FXStreet
Mar 27, Fri
AUD/USD extends its losing streak for the fourth consecutive day, trading around 0.6880 during the Asian hours on Friday.
placeholder
US-Iran Rift Persists, Will Gold Rise or Fall Next?US-Iran tensions persist; $4,400 becomes the gold ( XAUUSD) bulls' make-or-break level.During the European session on March 26, as of press time, spot gold retreated 1.5% to $4,436.42 per
Author  TradingKey
Mar 26, Thu
US-Iran tensions persist; $4,400 becomes the gold ( XAUUSD) bulls' make-or-break level.During the European session on March 26, as of press time, spot gold retreated 1.5% to $4,436.42 per
goTop
quote