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
Crude Oil Price Forecast: Brent Nears $110 Amid Saudi Pipeline Outage, How Much Further Can Oil Rise?Supply risks in the Middle East continue to heat up, with international oil prices fluctuating at high levels.During Tuesday's Asian trading session, Brent crude futures (UKOIL-F) rose to
Author  TradingKey
8 hours ago
Supply risks in the Middle East continue to heat up, with international oil prices fluctuating at high levels.During Tuesday's Asian trading session, Brent crude futures (UKOIL-F) rose to
placeholder
【Daily Brief】10-year Treasury yield briefly tops 5%, S&P 500 slips to 7,602 and the dollar firms at 99.3 as the Fed's decision eve beginsThe 10-year Treasury yield touched 5.014% on Monday — its first print above 5% since October 2023 — while the S&P 500 closed 0.48% lower at 7,619.98 and the dollar index firmed to 99.3. Here is the full market wrap ahead of Wednesday's FOMC decision, the dot plot and the August retail sales report, plus today's CLARITY Act Senate vote.
Author  Irene Q.
9 hours ago
The 10-year Treasury yield touched 5.014% on Monday — its first print above 5% since October 2023 — while the S&P 500 closed 0.48% lower at 7,619.98 and the dollar index firmed to 99.3. Here is the full market wrap ahead of Wednesday's FOMC decision, the dot plot and the August retail sales report, plus today's CLARITY Act Senate vote.
placeholder
Gold falls below $4,300 as higher US yields bolster Fed rate hike betsGold price (XAU/USD) tumbles to near $4,295 during the early Asian session on Tuesday. The precious metal faces some selling pressure as rising bond yields and surging energy prices strengthen expectations that the US Federal Reserve (Fed) will raise interest rates this week. 
Author  FXStreet
16 hours ago
Gold price (XAU/USD) tumbles to near $4,295 during the early Asian session on Tuesday. The precious metal faces some selling pressure as rising bond yields and surging energy prices strengthen expectations that the US Federal Reserve (Fed) will raise interest rates this week. 
placeholder
Silver Price Forecast: XAG/USD falls to near $63.50 amid Fed hike bets, higher oil pricesSilver price (XAG/USD) loses its gains from the previous day, trading around $63.50 per troy ounce during Asian hours on Monday. Non-yielding Silver is currently facing significant headwinds driven by rising Federal Reserve (Fed) rate-hike expectations for the upcoming September decision.
Author  FXStreet
Yesterday 10: 37
Silver price (XAG/USD) loses its gains from the previous day, trading around $63.50 per troy ounce during Asian hours on Monday. Non-yielding Silver is currently facing significant headwinds driven by rising Federal Reserve (Fed) rate-hike expectations for the upcoming September decision.
placeholder
Fed hike odds near 90% into Wednesday's decision — how to trade the dollar, gold and the S&P 500A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.
Author  Suzie
Yesterday 07: 49
A 0.3% monthly core CPI print has lifted the market-implied probability of a 25bp Fed hike on 16 September to roughly 86.5% ~ 90%, which would be the first increase since July 2023. Here is the decision timeline, the pricing versus the forecasts, both scenarios, and the key levels for the dollar, gold and the S&P 500.
goTop
quote