KAVA, the utility token of the decentralized blockchain Kava, has been on a strong bullish trend in the last few days. The cryptocurrency maintained this momentum despite the bearish market sentiment in the past week, garnering an impressive 31% price gain. For long-term investors, this may be seen as some form of recovery, as the coin had not been performing well until a week ago. This latest price increase has been linked to the upcoming upgrade on the mainnet. Scheduled for 17th May 2023 (15:00 UTC), the “Kava 13” upgrade aims to bring architectural enhancements to the security, scalability, and functionality of the network.
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