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After breaking below a lifetime support level, ADA's price versus Bitcoin could drop by another 25% in the coming months.

After breaking below a lifetime support level, ADA's price versus Bitcoin could drop by another 25% in the coming months.

Here's what may have boosted the popularity of the involved cryptocurrencies.

Adam Back, the Blockstream CEO and a prominent figure in the Bitcoin community, has made a bold and alarming prediction about Cardano (ADA). According to Back, ADA, the native token of the Cardano blockchain, could see its price plummet by as much as 90%.

The Chang hard fork marks the beginning of Cardano's Voltaire era, signifying a significant shift from centralized control to a more decentralized governance structure. This upgrade allows the Cardano community to propose and vote on critical decisions affecting the ecosystem, reflecting a milestone in Cardano's journey towards decentralization.

Charles Hoskinson reflects on his decade-long journey building Cardano, highlighting its growth and resilience while comparing it to Bitcoin.

Cardano, a blockchain platform often positioned as a formidable rival to Ethereum, has made headlines with its recent “Chang” update. While Cardano has been recognized for its smart contract capabilities, it has faced criticism over its perceived centralization.

Bitcoin (BTC) has climbed back above $59,000 during the ongoing session, reaching a high of $59,764 and registering an increase of almost 3% over the past 24 hours.

Blockstream CEO Adam Back joined the ranks of prominent Bitcoiners who have attacked Cardano following recent comments made by Input Output Hong Kong (IOHK) CEO Charles Hoskinson.

Cardano, Bitcoin's market cap war intensifies as Hoskinson predicts BTC's demise.

Cardano price increased over the last 12 hours following the successful completion of the Chang hard fork. The network officially ushered in decentralized governance, which gives the users of the network 100% ownership of the chain and allows them to decide the direction it takes.

The altcoin market is currently seeing mixed performance. However, a key trendline suggests a rally ahead.

On Sunday, the Cardano blockchain reached a notable milestone with implementing the Chang hard fork. This upgrade is pivotal for the blockchain, as it positions itself as one of the first major blockchain networks to adopt a token-based governance system.

Cardano (ADA) recently achieved a significant milestone with the successful implementation of the Chang hard fork, a highly anticipated upgrade that was expected to bolster the network's decentralized governance. However, rather than driving up the price of ADA, the token has instead experienced a notable decline, raising questions about the impact of this upgrade on its market performance.

Bitcoin is attempting a slight recovery, but closing above the $60,000 market will be the first step to achieve before BTC and altcoins can bounce from their recent lows.

Cardano has officially moved into its next phase, the Voltaire era, with the Chang hard fork taking place on September 1. This upgrade is all about governance—giving more power to ADA holders and letting them take charge of decisions that affect the entire network.

With the Cardano blockchain successfully completing its Chang hard fork, attention is now shifting to its native token, ADA, which could be on the verge of a major price surge. A positive growth in a new metric within the Cardano ecosystem suggests that a significant price increase in ADA's value may be imminent.

Cardano took a major step toward decentralized governance with the successful implementation of its Chang hard fork on September 1.

Tuur Demeester, one of the most vocal Bitcoin proponents, recently took a jab at Cardano founder Charles Hoskinson after the latter's comments triggered strong backlash within the community behind the largest cryptocurrency.

Cardano, launched in 2017 by Ethereum co-founder Charles Hoskinson, successfully activated its much-awaited Chang hard fork on Sunday, becoming the first leading blockchain to shift its centralized governance model to a token-based decentralized governance system.

In a video analysis delivered to his 368,000 YouTube subscribers, Dan Gambardello explains why he believes that ADA remains fundamentally bullish despite the -17% price drop over the past 10 days. Gambardello emphasizes several key developments and technical setups within the Cardano ecosystem, particularly focusing on its recent transition to on-chain governance through the “Chang” hard fork.

TL;DR Charles Hoskinson shared the difficulties and challenges faced in the development of Cardano, including the loss of friendships and the pressure from criticism. The Chang hard fork, activated on September 1, marks a significant advancement towards decentralized governance in Cardano.

Charles Hoskinson praises Cardano's decentralized governance system, noting that it “dwarfs Bitcoin.”

Cardano's (ADA) price is far from breaking out of its bullish pattern, and this could be further delayed owing to the current market conditions.