Cardano’s Big Upgrade: Chang Hard Fork Could Skyrocket ADA Price

Cardano is gearing up for a transformative upgrade with the upcoming Chang Hard Fork, which promises to significantly impact the ADA token and its community.

The Chang Hard Fork, a key event for the Cardano network, is eagerly awaited. The update aims to boost community engagement and introduce new features, with node 9.0.0 already 33% complete and the rest pending.

🚨BREAKING:#Cardano Chang hard fork node 9.0.0 is now at 33%.

We need 70% in order to initiate the fork.

In addition, blocks are at 19% reporting on the hard fork version.

Let me explain why you should be paying attention. 👀

Cardano Chang Hard Fork is a monumental… pic.twitter.com/tgN3PEc43H

— Cardano DApp ₳nalyst (@TheDAppAnalyst) July 25, 2024

This upgrade is expected to enhance Cardano’s governance by introducing advanced voting and treasury systems, allowing all ADA holders to influence the network’s direction.

The hard fork is anticipated to be a major shift in Cardano’s approach to blockchain technology.

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Analysts are predicting that the Chang Hard Fork could lead to a substantial rise in ADA’s value, with forecasts suggesting it might reach between $1 and $10.

Dan Gambardello views the update as a potential catalyst for significant price movement.

Alexander Stefanov