Cardano

bullish

Coin

<ul class="wp-block-list news-points">
 <li>Cardano (ADA) surged 4.13% on Friday, November 1.</li>
 <li>ADA’s November 1 surge is in continuation of a recent market rally.</li>
 <li>The Chang Phase 2 hard fork reignited ADA’s bullish momentum.</li>
</ul>
Cardano (ADA) increased 4.13% on Friday, November 1, amid discussions about the upcoming Chang Phase 2 hard fork. Crypto users are discussing the upgrade and its potential effect on the Cardano blockchain.
ADA’s recent surge follows an upward price movement that began on October 25, after the crypto token bounced off support at $0.315. The cryptocurrency rallied over 15% to reach a $0.364 local high before pulling back. However, bullish momentum has returned to ADA as the Chang Phase 2 hard fork gains attention.
In the meantime, Cardano’s development company, EMURGO, said the second phase of the Chang hard fork will bring additional advancements to the network, building on the improvements made during the initial upgrade in September. EMURGO highlighted the updates Cardano users can expect.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"> The Cardano blockchain's two-part Chang Hard Fork is a significant upgrade to enhance network functionality and decentralized governance. The launch of the first phase of Chang Ha…
 </blockquote>
 </div>
</figure>
The post <a href="https://coinedition.com/cardanos-awakening-can-adas-4-13-surge-continue-post-chang-hard-fork/" rel="noopener noreferrer nofollow">Cardano’s Awakening: Can ADA’s +4.13% Surge Continue Post-Chang Hard Fork?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Cardano’s Awakening: Can ADA’s +4.13% Surge Continue Post-Chang Hard Fork?

Coin Edition

Other articles published on Nov 2, 2024

Arthur Hayes’ Top Crypto Picks for Election Week

Coinbase Fight Against FDIC Takes Major Twist, Here's Why

Could $1,000 in IntelMarkets Make You Richer Than Investing in Litecoin (LTC) and TRON (TRX)?

Ethereum Could Reach $3,000 Even After a Slight Downturn – But There’s a Catch…

Is Solana (SOL) Price Ready for a Breakout? Injective (INJ) Indicator Suggests Potential Reversal

Whale-Favored Cryptocurrencies to Invest $500 in Now for Potential $1 Million Returns by 2025

Join our free newsletter for daily crypto updates!