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Cardano's [ADA] price reacts this way as Voltaire hint drops on the floor
, this new era was geared toward the users and builders of the network. He argued that Cardano’s goal was to enhance decentralized governance in a way that would serve as an example to the rest of the industry., a voting and treasury system would be introduced. Cardano would be fully decentralized and free from Input Output’s control once a voting mechanism and a treasury system are implemented. As a result, the destiny of Cardano would squarely remain in the hands of its users.
Furthermore, the last seven days witnessed more erosion of the resistance level, which at press time stood at $0.450. With the Relative Strength Index reading below 50, bearish momentum was evident. There was less work done on projects according to Santiment after the Vasil fork than there had been before. The number although now inched up, sat at 73. In the following weeks, as Voltaire’s preparations ramp up, you can expect an increase in commits and developer activity.The development of Cardano is being closely watched by observers in the industry.
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