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Cardano (ADA) Bulls Gear Up for Strong Rally Amid Favorable Developments

Linda Hamilton
Release: 2024-08-24 00:28:11
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Cardano (ADA) bulls are preparing for strong upward movement amid several recent favorable developments. The primary rationale behind Cardano's (ADA) price 6% upside momentum today comes as the network gears up for that most significant Chang hard fork next week.

Cardano (ADA) Bulls Gear Up for Strong Rally Amid Favorable Developments

Cardano (ADA) price observes a strong upward momentum today, with a 6% increase. This surge is primarily driven by the network’s preparation for the Chang hard fork, scheduled for next week.

The daily charts for ADA showcase a series of green candles, indicating a sustained increase in momentum. As per the latest ADA news, the Chang Hard Fork update will introduce Plutus V3 and on-chain governance, ushering in the Voltaire era for Cardano ( ADA).

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