Cardano Network Completes Node Version 9.1.0 Upgrade, Paving Way for Chang Hard Fork

Cardano Network Achieves Milestone with Node Version 9.1.0 Upgrade

The Cardano network has successfully completed its Node Version 9.1.0 upgrade, paving the way for the highly anticipated Chang hard fork. This significant development is expected to greatly improve the network’s on-chain decision-making capabilities, and the community is ecstatic about this progress.

According to the latest data, the upgrade is now at 69% complete, with a remarkable 3,110 stake pools already set up. This represents 65% of the network’s stakeholders, who are eagerly looking forward to seeing these changes in action.

Once the 70% threshold is reached, the implementation of the Chang hard fork will bring significant progress to the Cardano ecosystem. The implementation date will be determined once the readiness thresholds for both stake pool operators and exchanges are met. This warning ensures that the transition is as smooth as possible, minimizing any potential disruptions to the network.

Investors Take Notice

Meanwhile, investors are showing increasing interest in Cardano, with trading volumes rising across multiple markets. Over the past 24 hours, there has been a 30% surge in trading volume for ADA perpetual futures, reaching 440 million. In the same way, ADA’s spot market trading volume has grown by 5.54% to $337.77 million, and the total revenue generated by Cardano in all major markets has hit a record $1 billion, reflecting increasing optimism about the project.

What’s Driving the Surge in Interest?

The upgrade and impending hard fork are not the only factors driving this surge in interest. The project has been praised in the crypto community for its sustainability, security, and scalability features. In particular, the Chang hard fork is significant because it will enable Cardano to make decisions more easily on their own. With decentralization and more control over decision-making, Cardano is expected to become stronger and better suited to its community.

What’s Next for Cardano?

As the upgrade and hard fork approach, there are high hopes that it will have a significant impact on this project. Although specific price alterations are still being discussed, the surge in interest and trading activity is unquestionable. With its emphasis on sustainability, security, and community involvement, Cardano is rapidly becoming a dominant force in the crypto space.

For more insights and information on Cardano and the crypto market, check out this article on CoinSeeks.com: Cardano Price Prediction 2023.

With the upcoming Chang hard fork and Node Version 9.1.0 upgrade, we can expect to see some exciting developments in the near future as Cardano looks to continue dominating the crypto space. The project’s burgeoning imagination and growing fan base will keep its dedicated followers on their side for an extended period.