Cardano (ADA) Price Prediction: Bullish Signs Grow Ahead of Chang’s Big Update

The Cardano (ADA) price is poised for a surge that could send the altcoin soaring after the upcoming Change hard fork.

This outcome is supported by large wallet holders as well as retail investors, whose orders could bring in billions of dollars in profits.

Cardano Investors See Growth

The Cardano price is likely to see exceptional gains before the network undergoes the Chang hard fork. This hard fork will implement new on-chain governance features, allowing Cardano users to play a more direct role in decision-making within the network. The hard fork was originally scheduled for late August, but was postponed to September 1.

This has led to strong demand for ADA. Around 4.32 billion ADA worth $1.57 billion is close to profitability. The Global Entry/Exit Indicator (GIOM) shows that this supply has been bought between $0.33 and $0.36. A breakout from the falling wedge pattern could make this supply profitable.

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