Permanent link to this post: cardano launches Plomin hard fork and takes an important step towards decentralizing the network.
The total value of the DeFi
#blockchain network will increase by 25% by 2025.
analysts predict Cardano's value will increase by 400
#Cardano (ADA), the popular proof-of-stake (PoS) blockchain, is at a crossroads in the development of its decentralized governance system. Cardano's main company, Input Output Global (IOG), has confirmed that it will support the
#hard fork Plomin on its core network from January 18, 2025.
According to the tweet, Today Input|Output confirmed that Plomin
This means that all conditions specified in the interim constitution have been exactly met.
In addition, more than 85% of the active share pools have been updated to client node version 10.1. 3 or 10.1. 4, which is required to comply with the HARDFORK-04 barrier consensus rules.
the Intersect Hard Fork Working Group has also submitted a readiness report, confirming that the network is ready for this upgrade. Plomin's activation is a constitutional milestone in terms of Cardano's decentralized governance.
Does the
#ADA Expect 400% Growth
As the bearish pressure on the cryptocurrency market eases, major altcoins are showing signs of revival. Cardano will quickly become one of the highest yielding assets in the cryptocurrency market by 2025. After weeks of decline, ADA has managed to recover and is trading above
$BTC Famous analyst Ari Martinez recently identified fractals, which are price patterns that indicate that Cardano is about to make a major price movement. Martinez compared the current trend to ADA at the end of 2020, when it peaked, jumping from $0.4 to over
$BTC In his analysis, he states that Cardano could follow a similar trend and reach the $6 mark within two to three weeks. This would represent a 400% increase from the price at which it is currently trading. ADA is currently trading at $ 1.
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