Cardano’s upcoming Chang Hard Fork has sparked intense speculation about ADA’s potential price surge. Scheduled for late July, this upgrade is drawing attention from crypto enthusiasts and analysts.
Some predict a bullish rally for ADA, with optimistic forecasts ranging from doubling its value to reaching new all-time highs. Moreover, the hard fork highlights Cardano’s unique governance model, potentially attracting more participants to its ecosystem.
Cardano’s Upcoming Chang Hard Fork Upgrade
Aleksandra Huk, a crypto enthusiast, shared news about the upcoming Chang hard fork scheduled for late July. This development has ignited discussions about ADA’s potential price surge and long-term prospects.
Cardano is preparing for one of its most significant upgrades. The Chang hard fork is scheduled to take place at the end of July. $ADA will be on fire!
— Aleksandra Huk (@HukAleksandra) July 16, 2024
Huk’s announcement caught the attention of many Cardano supporters. She emphasized the significance of the Chang hard fork, suggesting it could be a catalyst for ADA’s price movement.
In response to Huk’s post, the VEGAS ADA Pool highlighted an aspect of Cardano’s governance model. They pointed out that Cardano’s treasury is being transferred to the community through DReps and committee members which could attract more people to the ecosystem.
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Show more +Show less – Cardano (ADA) Price Prediction
Captain Faibik, a top crypto commentator, expects a rally soon.
“ADA Train has left the Station.. Expecting 2x Bullish Rally in the Midterm so don’t miss the Ride..” Faibik tweeted, encouraging investors to consider ADA’s potential.
X user, ADA_ONEVETCOTI, shared an even more bullish outlook.
They predicted that ADA would not only reach its previous all-time high of $3 but eventually hit $5, $7, and potentially $8-$10 by the end of the bull run. This user emphasized that many investors might be underestimating ADA’s potential.
Read also: Worldcoin’s WLD Crypto Price Pumping: Here’s Why
Community Involvement and Governance
The VEGAS ADA Pool’s response to Huk’s tweet highlighted an important aspect of Cardano’s development. They noted that the transfer of treasury control to the community could attract more participants.
“That’s a lot of $$$$ available to those who get involved in #Cardano. I’m surprised the Whales from other #cryptocurrencies haven’t woken up to the pickings,” they commented.
This shift in governance aligns with Cardano’s commitment to decentralization. Cardano aims to create a more inclusive and transparent ecosystem by involving the community in making decisions.
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