Cardano is preparing for a hard fork called Chang.
This is a long-awaited update and should be released at the end of July. This event attracted a lot of attention in the cryptocurrency community, especially given the impressive price increase following the previous Cardano hard fork that occurred in 2021.
The Chang hard fork will be a major milestone for Cardano in the Age of Voltaire and will mark the completion of one of the stages of the roadmap to create a fully decentralized blockchain ecosystem. Once the transition is complete, Cardano will no longer be actively managed by Cardano developer Input Output Global (IOG), but will instead be fully controlled by community members.
The cryptocurrency community will be closely monitoring the events of July to see how the Chang hard fork affects the value of ADA. Historical precedent has the market wondering: could the Chang hard fork spark a similar rally? The answer to this question is still unknown.
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