Cardano founder Charles Hoskinson recently declared that the platform is on the verge of a “decentralized revolution.” With its governance milestones close to completion—like a budget system and community-approved constitution—Hoskinson believes Cardano is unstoppable.
The Chang Hard Fork, launched on September 1, marks a major step forward. It introduced key upgrades such as:
A constitutional committee to oversee governance (temporarily).
Improved on-chain voting and Delegate Representatives (DReps) for more efficient community participation.
Plutus v3, enabling advanced smart contracts.
Once the community ratifies the constitution, governance will fully shift to $ADA holders, leading Cardano into its final Voltaire phase, where the blockchain funds itself and evolves under community control.
While these developments fuel optimism, ADA struggles with market volatility. Currently trading at $0.934, ADA is down 3.26% in the last 24 hours but remains resilient, with analysts predicting a price range of $0.934 to $1.10 for December.
For Hoskinson, these upgrades are about long-term success, not short-term gains. He’s confident that Cardano’s vision will reshape blockchain gove
rnance for good.