ADA Surges 15% After Chang Hard Fork: DeFi Growth, $3B Volume, and Decentralized Governance Drive Rally

Cardano (ADAUSDT) has experienced a significant price increase of 15.61% over the past 24 hours, rising from 0.7504 to 0.8675 on Binance. This upward movement is primarily attributed to heightened investor interest following the implementation of the Chang Hard Fork, which marks the beginning of the Voltaire Era and introduces decentralized governance features. Additional contributing factors include a 93% rise in total value locked, a 38% increase in active wallet counts, and the expansion of Cardano’s DeFi ecosystem with new platforms and Layer-2 scaling solutions like Hydra. The Cardano Foundation’s report of $660 million in assets and $17 million in staking income has further supported positive sentiment. Trading volume surged to nearly $3 billion, reflecting increased market participation as ADA approaches key resistance levels, with the current price at 0.8675 and a market capitalization of approximately $30 billion.