The Cardano Chang hard fork has gone live boosting ADA's utility through decentralized governance. ADA price is down by over 3%.
ADA’s Funding Rates have flipped negative for the first time in nearly a week, showing the dominance of short traders.was trading at $0.329 at the time of writing. The price has succumbed to the bearish pressure across the broaderThe Cardano network has completed the Chang hard fork upgrade. This upgrade seeks to introduce decentralized governance to the Cardano ecosystem.
“Today’s Chang hard fork marks a major milestone for the Cardano blockchain, ecosystem, and community – fulfilling the promise of a truly self-governing, decentralized network.”CoinMarketCap The RSI and the CMF saw a spike in late August as the rest of the market rallied. This showed that ADA’s uptrend relied on the broader market sentiment.
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