Cardano

2024

Coin

<ul class="news-points"> 
 <li>Cardano’s upcoming “Chang” hard fork could lead to a price surge for ADA.</li> 
 <li>The Alonzo hard fork in 2021 doubled ADA’s price, reaching an all-time high.</li> 
 <li>The “Chang” upgrade aims to make Cardano fully decentralized and self-sustainable.</li> 
</ul> 
Cardano (ADA) is gearing up for a major upgrade, the “Chang” hard fork, slated for the end of July. With the cryptocurrency currently struggling to recover from recent losses, market analysts are looking to Cardano’s past performance for clues about what the upgrade might mean for ADA’s price. 
Historical data reveals that before Cardano’s previous hard fork in 2021, <a href="https://coinedition.com/cardano-ada-poised-for-31-jump-analyst-says/">ADA</a> surged 130%, from $1.35 to $3.10 over a month. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Cardano is preparing for the Chang Hard Fork, set to occur by the end of July. It's worth noting that before its previous hard fork in 2021, <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ADA</a> surged 130%, from $1.35 to $3.10 in just a month. <a href="https://t.co/E8zTEgZM6k" target="_blank" rel="nofollow">pic.twitter.com/E8zTEgZM6k</a>— IntoTheBlock (@intotheblock) <a href="https://twitter.com/intotheblock/status/1809588621315289146?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">July 6, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
Currently, ADA is trading at <a href="https://coinmarketcap.com/currencies/cardano/" target="_blank" rel="nofollow">$0.3477</a> after a 2.28% rise in the past day. The cryptocurrency has seen a significant loss of 22.1% over the past month. However, historical trends suggest that ADA may <a href="https://coinedition.com/cardano-ada-vs-bitcoin-btc-which-crypto-is-a-better-investment-now/">experience a turnaround</a> this month. 
In 2021, Card…
The post <a href="https://coinedition.com/cardanos-chang-hard-fork-will-history-repeat-with-a-130-surge/">Cardano’s Chang Hard Fork: Will History Repeat With a 130% Surge?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Cardano’s Chang Hard Fork: Will History Repeat With a 130% Surge?

Coin Edition

Other articles published on Jul 8, 2024

AVAX Price Falls While Kaspa Investors Look to BlockDAG’s X100 Miner for 30,000x Gains In July

Bitcoin price seesaws near $56K as US stocks post fresh all-time highs

Dogecoin (DOGE) Faces Critical Support Levels Amid Persistent Bearish Pressure

SHIB and DOGE Fall Behind in Market Slump

Crypto Remittances in Venezuela: Citizens Adapt to Economic Hardships

Bitcoin’s Bearish Trend: Will BTC Reclaim $60K and Break Above the Daily EMA200?

Join our free newsletter for daily crypto updates!