Cardano

2024

Read

Daily

<ul>
 <li>ADA surged 130% before previous hard forks.&nbsp;&nbsp;</li>
 <li>The Chang hard fork aims for complete decentralization.&nbsp;&nbsp;</li>
 <li>Market analysts anticipate ADA’s recovery pre-Chang upgrade.</li>
</ul>
<p><a href="https://coinmarketcap.com/currencies/cardano/" target="_blank" rel="noopener noreferrer nofollow">Cardano (ADA)</a> is preparing for a major shift with the Chang hard fork, which is set to happen at the end of July. Despite recent setbacks, ADA is on the edge of a potential resurgence, as proved by its historical performance.</p>
<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">
   <p lang="en" dir="ltr">It has begun!<br><br>The biggest <a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Cardano</a> upgrade in history is happening now.<br><br>The Chang Hard Fork explained <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/TY8jri4CLI" rel="noopener noreferrer nofollow">pic.twitter.com/TY8jri4CLI</a></p>— Altcoin Daily (@AltcoinDailyio) <a href="https://twitter.com/AltcoinDailyio/status/1810442638795194472?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 8, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Prior to the 2021 Alonzo hard fork, <a href="https://cardano.org/" target="_blank" rel="noopener noreferrer nofollow">Cardano</a> experienced a 130% increase, rising from $1.35 to $3.10 in just over a month. This <a href="https://cryptonewsland.com/cardano-hits-1-80-ath-introduces-alonzo-upgrade/" target="_blank" rel="noopener noreferrer nofollow">past instance</a> emphasizes the possible influence of major network upgrades on ADA’s market value.</p>
<p>Analysts are cautiously bullish on Cardano’s trajectory leading up to the Chang hard fork, despite it declining by 22.1% in recent weeks. Historical trends indicate that such important upgrades have generally triggered a bull mood and result in a price increase.With the Chang hard fork, Cardano has arrived at a crucial point in its history, approaching the Voltaire era, which is the final stage of its development plan.&nbsp;</p>
<p>This phase seeks to achieve complete decentralization and sustainability through the adoption of effective governance mechanisms such as voting and a treasury system. By making such modifications, stakeholders will be able to have a real impact on Cardano’s future, moving it toward a self-sufficient decentralized system.</p>
<p>Cardano’s founder, Charles Hoskinson, has highlighted the importance of the Chang upgrade and how it will boost community governance and operational capabilities. These features are designed to enhance ADA’s position in the competitive cryptocurrency market.</p>
<p>As ADA <a href="https://cryptonewsland.com/cardano-price-chart-prints-bullish-signal-hinting-at-massive-upward-rally-can-ada-hit-3-before-golden-bull-phase/" target="_blank" rel="noopener noreferrer nofollow">continues to rebound</a> amidst volatility in the market, anticipation surrounding the Chang hard fork could replicate the positive market dynamics experienced during previous upgrade cycles.</p>
<p>Cardano is set to enter a crucial stage with the upcoming Chang hard fork, which might lead to improved governance and functionality and help ADA achieve long-term growth and adoption.&nbsp;&nbsp;</p>
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4>
<ul class="wp-block-yoast-seo-related-links yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/charles-hoskinson-announces-chang-fork-cardanos-next-big-step/" rel="noopener noreferrer nofollow">Charles Hoskinson Announces Chang Fork, Cardano’s Next Big Step</a></li>
 <li><a href="https://cryptonewsland.com/cardano-fans-await-chang-hard-fork-a-revolutionary-leap-for-ada/" rel="noopener noreferrer nofollow">Cardano Fans Await Chang Hard Fork: A Revolutionary Leap for ADA</a></li>
 <li><a href="https://cryptonewsland.com/cardanos-sundae-v3-surges-amid-upcoming-chang-hard-fork/" rel="noopener noreferrer nofollow">Cardano’s Sundae v3 Surges Amid Upcoming Chang Hard Fork</a></li>
 <li><a href="https://cryptonewsland.com/cardano-founder-addresses-community-concerns-amid-upcoming-chang-hard-fork/" rel="noopener noreferrer nofollow">Cardano Founder Addresses Community Concerns Amid Upcoming Chang Hard Fork</a></li>
 <li><a href="https://cryptonewsland.com/analyst-predicts-cardano-could-reach-3-in-2024-amid-key-ecosystem-developments/" rel="noopener noreferrer nofollow">Analyst Predicts Cardano Could Reach $3 in 2024 Amid Key Ecosystem Developments</a></li>
</ul>
<p>The post <a href="https://cryptonewsland.com/cardano-prepares-for-chang-hard-fork/" rel="noopener noreferrer nofollow">Cardano Prepares for Chang Hard Fork Amidst Market Recovery Efforts, Will ADA Surge Again?</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Cardano Prepares for Chang Hard Fork Amidst Market Recovery Efforts, Will ADA Surge Again?

Crypto News Land

Other articles published on Jul 9, 2024

TON Application Chain and Polygon Labs Integrate EVM Functionality

Massive Mt. Gox Bitcoin Shift Unlikely To Disrupt Prices, Says CryptoQuant CEO

Mt. Gox repayment triggers panic, but meme coins market cap surge 7.5% in a day – what’s fueling ...

Agrotoken and Tanssi Collaborate to Transform South American Agro-Finance on Polkadot

Circle Brings EURC To Base Boosting Stablecoin Adoption

🟢RUSSIAN ROULETTE PRIVATE SALE🟢

Join our free newsletter for daily crypto updates!