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
Gold Price Trend Forecast: US-Iran Peace Talks Drive Gold Rebound, Is the Gold Slump Over?As of the Asian session on June 12, gold ( XAUUSD) prices oscillated lower near $4,180. Yesterday, gold prices briefly dipped toward $4,000 before rebounding sharply above $4,200 on news
Author  Rachel Weiss
12 hours ago
As of the Asian session on June 12, gold ( XAUUSD) prices oscillated lower near $4,180. Yesterday, gold prices briefly dipped toward $4,000 before rebounding sharply above $4,200 on news
placeholder
WTI steadies around $85.00 as Trump indicates potential Iran dealWest Texas Intermediate (WTI) oil price remains subdued after registering over 5.5% losses in the previous day, trading around $85.00 per barrel during the Asian hours on Friday.
Author  FXStreet
21 hours ago
West Texas Intermediate (WTI) oil price remains subdued after registering over 5.5% losses in the previous day, trading around $85.00 per barrel during the Asian hours on Friday.
placeholder
SpaceX Listing Imminent. Funds Flood Into SpaceX On-Chain Tokens, Bitcoin Rebound Momentum May Be WeakenedPerpetual contracts and pre-market tokens for SpaceX are attracting liquidity from the cryptocurrency market, hindering a further rally in Bitcoin.On June 11, Bitcoin ( BTC) continued to
Author  TradingKey
Yesterday 08: 39
Perpetual contracts and pre-market tokens for SpaceX are attracting liquidity from the cryptocurrency market, hindering a further rally in Bitcoin.On June 11, Bitcoin ( BTC) continued to
placeholder
Gold Prices Narrowly Hold $4,000 Level, When Will Precious Metals Selloff Stop? On June 10, Eastern Time, spot gold ( XAUUSD) fell through the $4,100 level during intraday trading after four consecutive sessions of selling, nearing the $4,000 psychological threshold;
Author  TradingKey
Yesterday 02: 22
On June 10, Eastern Time, spot gold ( XAUUSD) fell through the $4,100 level during intraday trading after four consecutive sessions of selling, nearing the $4,000 psychological threshold;
placeholder
US-Iran Tensions Escalate. Iran Announces Closure of Strait to All Vessels; Brent Crude Hits $95 The U.S.-Iran conflict continues to escalate, driving oil prices sharply higher. On Wednesday, Brent and WTI crude futures both closed higher, breaching $90 per barrel. During Thursday's
Author  TradingKey
Yesterday 02: 18
The U.S.-Iran conflict continues to escalate, driving oil prices sharply higher. On Wednesday, Brent and WTI crude futures both closed higher, breaching $90 per barrel. During Thursday's
goTop
quote