Cardano Hands Over $600M in Community Governance

  • The Chang hard fork could see Cardano’s value under community control rise from $600 million to $10 billion.

  • Cardano’s hard fork represents a paradigm shift, potentially attracting new developers and investors to its ecosystem.

  • Market trends for ADA show cautious optimism, with mixed sentiment and a recent 2.25% price increase.

Cardano’s (ADA) Chang hard fork, arriving on September 1st, promises a shift in their blockchain governance, as per Dan Gambardello’s recent post on X platform. This upgrade has the potential to redefine Cardano’s position within the crypto space. Here’s the key takeaway: over $600 million worth of ADA (based on today’s price) will be placed entirely under community control.

🚨 CARDANO UPDATE! And I hope the VCs and institutions read this one…

The Cardano Chang hard fork is set for September 1st and isn’t just another upgrade; it’s an actual turning point in crypto history.

Please understand that over $600 million will be entirely in the hands of…

— Dan Gambardello (@cryptorecruitr) August 29, 2024

This figure could balloon to $5 billion or even $10 billion as ADA’s value increases, signaling a new era of decentralization. Card…

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