Cardano, the Layer-1 blockchain founded by Ethereum co-founder Charles Hoskinson, has completed the highly anticipated Chang hard fork and entered the project’s final phase, the Voltaire phase 🎉. This upgrade kicks off a period where ADA holders can vote on governance actions.

The Cardano Foundation stated that this milestone is a big step for the Cardano blockchain, ecosystem, and community. Chang will allow ADA holders to vote independently or delegate their voting power to trusted representatives.

The first phase of the upgrade will take place over the next 90 days and will be overseen by an interim committee. The second phase will give full power to the community. However, despite this upgrade, the ADA token is down more than 4%, falling to $0.3297.

Although ADA’s performance has been disappointing, it could be an impressive rally if the crypto bull run resumes.