Cardano (ADA) is nearing a significant milestone with its Node Version 9.1.0 update, currently at 69% completion. This progress is moving the network closer to the upcoming Chang hard fork, a substantial upgrade designed to improve Cardano's on-chain decision-making capabilities. The recent Node 9.1.0 upgrade is crucial for the smooth implementation of this hard fork.
Upon reaching 70% adoption by Cardano's validators or Stake Pool Operators (SPOs), the Chang hard fork will proceed. With 69% of the 3,110 stake pools already prepared, the final date for the hard fork will be determined once the community meets the required readiness criteria for both SPOs and exchanges.
ADA Focus
Simultaneously, Cardano's native token, ADA, is experiencing increased activity in the market. Recent data from CoinGlass indicates a 30% rise in ADA perpetual futures trading volume in the past 24 hours, totaling $408.53 million.
Additionally, CoinMarketCap reports a 5.54% uptick in spot market trading volume for ADA, reaching $337.77 million. This surge in trading activity has propelled Cardano's total turnover across all markets to nearly $1 billion.
As the Chang hard fork approaches, market interest in Cardano remains high.
