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Cardano's Chang Upgrade: A Major Step Towards Decentralized
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Cardano, a leading blockchain platform, has made a major stride toward full decentralization with the activation of its "Chang" upgrade. Launched in 2017 by Ethereum co-founder Charles Hoskinson, Cardano now allows ADA token holders to vote on proposals and elect governance representatives, shaping the network's future.

New Governance Structure
The Chang upgrade, based on CIP-1694, introduces a new governance model with three community-led bodies: the Constitutional Committee, Delegate Representatives (dReps), and Stake Pool Operators (SPOs). These groups now manage network upgrades, a role previously held by Cardano's founding entities—Cardano Foundation, IOHK, and Emurgo. This shift aligns Cardano with the blockchain industry's push for decentralization and enhances the utility of the ADA token.

Phased Rollout
The Chang upgrade unfolds in two phases. The first, already live, introduces an Interim Constitutional Committee to oversee governance. The second phase, due within 90 days, will fully empower the new governance bodies, ensuring all stakeholders are ready to participate.

Entering the Voltaire Era
The Chang upgrade marks the start of Cardano's Voltaire era, focused on full decentralization. Giorgio Zinetti, CTO of the Cardano Foundation, called this upgrade "the biggest event in Cardano history," positioning Cardano as the largest layer-1 blockchain with on-chain governance, surpassing platforms like Tezos and Polkadot.

Cardano (ADA) has seen a massive uptick in its active wallet addresses which hit a one-year peak of over 600,000 in the last 30 days.

#CardanoEcoSystem #ADA! #Crypto #CryptoNews🔒📰🚫 #CryptoNewsUpdate

Do people still believe in Cardano?

#CardanoEcoSystem

last few weeks my model is focused on ada cardano #CardanoEcoSystem
$ADA these have the chance to become the next $SOL

but I been waiting for a retrace ment but it's going up

#write2earn #Cardano 's #ADA Surges: A Paradigm Shift in Trading Volume and Development #altcoins #CardanoEcoSystem
$ADA

Cardano's native cryptocurrency, ADA, has seen a remarkable surge, with its derivatives trading volume shooting up by an astonishing 78% in the last 24 hours. This surge, reported by CoinGlass, reflects a notable shift in market dynamics, indicating growing confidence and interest in the Cardano ecosystem.
According to the data, there has been a staggering increase in the trading volume of open-ended futures on ADA, totaling nearly $2.7 billion within the specified period. When factoring in spot market transactions, Cardano's token witnessed a remarkable $4 billion in overall trading volume in just one day.
This surge in trading activity isn't an isolated incident but rather a reflection of the significant progress seen across the Cardano ecosystem recently. Major strides in core technology, smart contracts, scaling solutions, and governance initiatives have paved the way for ADA's impressive rise.
In terms of core technology advancements, notable milestones have been reached. The core technology teams released node v.8.9.0, which introduced Genesis Lite bootstrap peers, addressed bugs, and implemented overall enhancements to improve the platform's functionality.
Additionally, teams like Lace, Plutus, Hydra, and Mithril have been actively involved in various development initiatives to bolster the Cardano ecosystem. These efforts, ranging from dApp discovery to enhancing transaction verification and optimizing node communication, have contributed to the platform's overall strength and utility.
With ADA experiencing unprecedented trading volumes and technological advancements, both investors and enthusiasts are eagerly anticipating the next phase of Cardano's evolution.

Cardano (ADA): Academic Facade or Covert AgendasCardano
Founded by Charles Hoskinson, distinguishes itself with a scientific approach to blockchain development, emphasizing peer-reviewed research and formal verification. However, conspiracy theories speculate that Cardano's academic credentials may mask undisclosed affiliations with government agencies or corporate interests seeking to control the blockchain space.Despite these allegations, Cardano's Ouroboros consensus mechanism ensures provable security and decentralization, mitigating risks associated with centralized control. Its roadmap, focusing on scalability, interoperability, and sustainability, aims to create a robust and inclusive decentralized ecosystem.Cardano's smart contract functionality, facilitated by the Plutus platform, empowers developers to build secure and composable dApps. The Alonzo upgrade further enhances Cardano's utility, enabling cost-effective and scalable solutions for DeFi and beyond.While conspiracy theories may cast doubt on Cardano's intentions, its commitment to scientific rigor and decentralized governance drives innovation and adoption, solidifying its position as a leading blockchain platform.#Write2Earn #TrendingTopic #CardanoEcoSystem

Cardano (ADA): A Scientific Revolution

In March 2024, Cardano (ADA) enters the spotlight as its roadmap for scalability and interoperability gains traction. The integration of smart contract functionality through the Alonzo upgrade sparks optimism among investors. By April, Cardano's price surpasses $5, fueled by anticipation of its potential to rival Ethereum in the decentralized finance (DeFi) space.In May, rumors of a conspiracy to suppress Cardano's price surface, with allegations of coordinated efforts to undermine its progress. Despite the rumors, Cardano continues its upward trajectory, reaching $7 by June. The narrative of Cardano as a scientific approach to blockchain innovation resonates with investors seeking a fundamentally sound project.By July, Cardano's price surpasses $8, with the launch of decentralized applications (dApps) showcasing its potential to disrupt traditional finance. In August, regulatory clarity and strategic partnerships validate Cardano's value proposition, pushing its price towards $10.In September, a wave of enthusiasm sweeps the market as Cardano breaches $12, with some predicting even higher price targets. Conspiracy theories abound, with speculations of collusion among traditional financial institutions to suppress Cardano's rise. Despite the speculation, Cardano's price remains resilient, ending the year above $15, solidifying its position as a leading blockchain platform.
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🚀 Cardano (ADA) Rockets Towards a 32% Surge! 🚀

Hold onto your seats, crypto enthusiasts! Cardano (ADA) is stealing the spotlight, and this time, it's not holding back. 🌐✨

In a thrilling twist of fate, ADA has not only recovered all its losses for the week but is now gearing up for a potential 32% rally! 📈💥 Renowned market analyst Ali Martinez has unveiled a bullish Descending Triangle setup on Cardano's daily chart, hinting at exciting uptrends on the horizon. If ADA can maintain its bullish momentum and closes above $0.53, get ready for a parabolic journey catapulting the coin to an impressive $0.68!

But Cardano's allure goes beyond just numbers – it's the powerhouse ecosystem propelling its ascent. Enter the Cardano Light Wallet Lace, a cutting-edge creation from Input Output Global (IOG), delivering secure asset storage and seamless transactions. This isn't just crypto talk; it's real-world blockchain solutions in action! 💼🔒

What sets Cardano apart? A vibrant community of developers tirelessly pushing boundaries, constantly introducing upgrades and innovations. The recent surge in ADA's price might just be the opening act for something even more extraordinary.

Get ready to witness the rise of Cardano – a digital force to be

#Write2Earn #CardanoEcoSystem #TrendingTopic #ADAAnalysis #ADA/USDT $ADA

🔍 Solana (SOL) & Cardano (ADA) Analysis

📉 Solana (SOL) Update:
Solana (SOL) recently saw a significant drop, falling to $152.90 from its previous indications of retesting $200. Currently, SOL appears to be consolidating between $149.29 and $167.52 in the short term. The 20 EMA (yellow) is positioned above the 9 EMA (blue) on the 4-hour chart, suggesting a bearish trend. Although there's a possibility of SOL testing the $180.42 resistance level if buying pressure increases, such a scenario seems unlikely in the near future.

📉 Cardano (ADA) Update:
Cardano (ADA) experienced a steep decline from $0.59 to $0.45 on April 12, but has since recovered to $0.51. Reclaiming the $0.59 level could prove challenging, as indicated by the On Balance Volume (OBV) downturn, signaling a lack of buying power. Moreover, the RSI remains close to the oversold region. ADA might test $0.55 if buying pressure increases, but there's also a possibility of a pullback to $0.49 if bearish sentiment persists.
In summary, both SOL and ADA face hurdles in returning to previous highs due to bearish trends and limited buying pressure. Traders should keep a close eye on key support and resistance levels for potential trading opportunities. Stay tuned for further updates! 📈💫$SOL $ADA #BullorBear #SolanaRevival #CardanoEcoSystem

The Cardano ecosystem has welcomed Huawei Cloud, one of the largest cloud computing firms globally, to broaden the reach of the Cardano network.

#CardanoEcoSystem #Crypto #CryptoNews🚀🔥V

Cardano founder Charles Hoskinson has openly declared that he has no intentions of abandoning the Cardano blockchain for its sidechain, Midnight.

#CardanoEcoSystem #ADA! #Crypto #CryptoNews🔒📰🚫 #CryptoNewsUpdate

#CardanoEcoSystem #ADA #HotTrends @Binance Square Official @AnthonyCarr $ADA $ETH $XRP
Introducing an Exciting New Cryptocurrency on the Cardano Network

Cardano has taken a significant leap forward by welcoming a new addition: a stablecoin fully backed by US dollar bank deposits, the first of its kind in the ecosystem.

USDM, as this new currency is named, is backed 1:1 by US dollars deposited in a US-based bank, according to the stablecoin's website.

This guarantee of backing in dollars aims to instill confidence in users looking to acquire or redeem USDM, as each USDM token directly represents a dollar in reserve.

USDM is available for both individuals and institutions. The USDM token can be freely used and transferred within the Cardano network like any other native token.

To mint and burn USDM themselves, users must undergo standard identity verification processes such as Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.

Analysis firm Messari has noted that stablecoins on Cardano offer users a variety of options for transactions and participation in various decentralized financial (DeFi) protocols, and now this new asset further strengthens that thesis.

Competition in the stablecoin market is fierce, with giants like Tether (USDT) and USDC leading in terms of capitalization and use cases. The arrival of USDM on Cardano not only aims to compete in this space but also to offer a solid alternative backed by real dollars, providing more options and diversity to network users.

However, USDT and USDC are also available on Cardano, thanks to the Wanchain network, which connects Cardano with Bitcoin, Ethereum, TRON, and other networks.

In addition to USDM, other stablecoins such as iUSD and DJED are also part of the Cardano ecosystem. However, it is important to note that these stablecoins differ in their design and operation because they are algorithmic and synthetic.

In the case of iUSD, although it was designed to maintain its value at 1 dollar, it has been below the $1 mark for six months.

According to our Cardano price prediction, ADA price is expected to have a -5.06% decrease and drop as low as by February 19, 2024. Our analysis of the technical indicators suggests that the current market feeling is Bullish Bearish 16%, with a Fear & Greed Index score of 76 (Extreme Greed).
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