Cardano’s Major Upgrade: Will the Plowman Hard Fork Send ADA to $13?
- Cardano’s Plowman hard fork has shifted governance control to ADA holders.
- The upgrade enhances decentralization, making Cardano unique among top cryptocurrencies.
- Dan Gambardello predicts a potential price target of $13 if historical trends repeat.
Cardano has officially transitioned to a fully decentralized governance model with the launch of the Plowman hard fork. According to crypto analyst Dan Gambardello in a video posted on X, the upgrade, which went live this week, transfers control from the project’s founding entities to ADA token holders.
Gambardello argues the shift strengthens Cardano’s position in the market, predicting a price target of $13 based on historical trends.
What the Plowman Hard Fork Means for Cardano
Before the hard fork, governance decisions were made by Cardano’s three founding organizations: the Cardano Foundation, Input Output Global, and EMURGO.
With Plowman, these responsibilities are now in the hands of the community. More than 98,000 ADA holders, over 3,300 stake pool operators, and 745 delegated representatives now participate in governance. That makes Cardano one of the most decentralized blockchains in t…
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Cardano’s Major Upgrade: Will the Plowman Hard Fork Send ADA to $13?
- Cardano’s Plowman hard fork has shifted governance control to ADA holders.
- The upgrade enhances decentralization, making Cardano unique among top cryptocurrencies.
- Dan Gambardello predicts a potential price target of $13 if historical trends repeat.
Cardano has officially transitioned to a fully decentralized governance model with the launch of the Plowman hard fork. According to crypto analyst Dan Gambardello in a video posted on X, the upgrade, which went live this week, transfers control from the project’s founding entities to ADA token holders.
Gambardello argues the shift strengthens Cardano’s position in the market, predicting a price target of $13 based on historical trends.
What the Plowman Hard Fork Means for Cardano
Before the hard fork, governance decisions were made by Cardano’s three founding organizations: the Cardano Foundation, Input Output Global, and EMURGO.
With Plowman, these responsibilities are now in the hands of the community. More than 98,000 ADA holders, over 3,300 stake pool operators, and 745 delegated representatives now participate in governance. That makes Cardano one of the most decentralized blockchains in t…
The post Cardano’s Major Upgrade: Will the Plowman Hard Fork Send ADA to $13? appeared first on Coin Edition.
Read More
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