Coin Edition -
- Dan Gambardello thinks Cardano’s developing events are well-timed.
- The Chang Hard Fork could coincide with the upcoming altcoin season.
- Cardano’s increasing adoption is happening on the verge of the crypto bull run.
Cardano advocate, Dan Gambardello, believes the recent developments in the Cardano ecosystem could ignite a significant price surge for its native token, ADA. Gambardello points to the upcoming Chang hard fork on the Cardano network and the recently announced partnership with the Argentine province of Entre Ríos as potential catalysts.
CARDANO ALERT! Chang Hard Fork CONFIRMED!Intro 00:00Cardano is setup for success 1:00Cardano will never be the same 2:00Chang Hard Fork date! 2:40Bullish timing! 3:00What Chang Hard Fork means? 4:05Chang #1 4:35Chang #2 5:35Cardano charts 7:30Cardano and previous hard… pic.twitter.com/0kXog3ms1j— Dan Gambardello (@cryptorecruitr) June 6, 2024
Gambardello highlighted several bullish sentiments, including inquiries from multiple U.S. States seeking the Cardano Foundation’s assistance in building transparent and secure voting systems. He also mentioned Cardano’s collaboration with the Dubai police to revolutionize information sharing in investigations.
Argentina and Dubai have joined the growing list of governments exploring Cardano for technological innovation. According to Gambardello, these milestones are propelling Cardano into a phase that will distinguish it from the rest of the blockchain industry.
Gambardello outlined a tentative timeline for Cardano’s upcoming events, citing July 17 as the date for the Chang hard fork’s initial event, which involves implementing node 9.0. He noted that, given the current development pace, the second event may occur by the end of August.
Beyond the hard fork’s impact on ADA’s price, Gambardello explained that the Chang upgrade will drive Cardano toward true decentralization. It will deploy features that will improve Cardano’s governance model, potentially boosting the blockchain’s adoption.
The second phase of the upgrade will unlock Cardano’s final on-chain governance features, enabling more distributed democratic processes where delegated representatives can participate in governance decisions. Gambardello believes this upgrade will further enhance the network’s decentralization.
The analyst believes the timing of these events will coincide with an impending altcoin season, potentially triggering an unprecedented surge for ADA.
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