According to U.Today, Cardano (ADA) is approaching a significant milestone with its Node Version 9.1.0 upgrade, which is currently 69% complete. This upgrade is crucial for the upcoming Chang hard fork, a major update aimed at enhancing Cardano's on-chain decision-making capabilities. The successful implementation of Node 9.1.0 is essential for this hard fork to proceed. Once 70% of Cardano's validators, or Stake Pool Operators (SPOs), have updated to the new node, the Chang hard fork will be initiated. With 69% of the 3,110 stake pools now ready, the final date for the hard fork will be determined once the community meets the necessary readiness thresholds for both SPOs and exchanges.
At the same time, Cardano's native token, ADA, is experiencing increased market activity. Data from CoinGlass indicates a 30% rise in ADA perpetual futures trading volume over the past 24 hours, reaching a total turnover of $408.53 million. Additionally, CoinMarketCap reports a 5.54% increase in spot market trading volume for ADA, bringing it to $337.77 million. This surge in trading activity has pushed the total turnover for Cardano across all markets to approximately $1 billion. As the Chang hard fork approaches, interest in Cardano remains high in the market.
