Is Cardano Ready to Break Free? Chang Hardfork Aims for Governance, Security, and Maybe Fireworks!

• ADA crashed by more than 17% and is trading at $0.3267.
• The Chang hardfork is currently in its last stages, said Charles Hoskinson.
• Cardano recently elected the members of the Interim Constitutional Committee (ICC).

The price of ADA, the native token of the Layer 1 Cardano blockchain, is expected to rise significantly with the upcoming Chang hard fork. The hard fork is currently in its final stages, and according to a post on platform X by Charles Hoskinson, the founder of Cardano, a fork-ready node is available.

I never said June. That's a misquote. A fork-ready Node is ready and waiting for 70 percent of the stake pool operators to test and update. As I said, in the video, this generally requires a month.

— Charles Hoskinson (@IOHK_Charles) July 2, 2024

As per Hoskinson’s X post, Cardano developers are waiting for 70 percent of the stake pool operators to test and update, which “generally requires a month.” With the Chang hardfork on the horizon, the price of ADA is ready for a breakout, pointed out Dan Gambardello, a Cardano bull. 

Gambardello’s chart shows that the ADA price action was on the verge of a bullish breakout. However, an unexp…

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