Cardano founder Charles Hoskinson has hinted at significant upgrades in February, focusing on governance, privacy testing, and institutional access to ADA. Hoskinson's comments have sparked interest within the Cardano community, with expectations of a "very crazy month." Key developments include the Plomin hard fork, which will introduce fully decentralized governance, allowing community members direct voting power over network decisions. Additionally, Cardano plans to test new privacy initiatives aimed at enhancing compliance and user data protection.
Institutional interest in Cardano is set to rise with the launch of ADA futures by CME on February 9, potentially improving liquidity and credibility. Meanwhile, on-chain data indicates increased whale accumulation, with large investors adding approximately 454.7 million ADA over the past two months, despite recent price declines. ADA's price has dropped from above $0.40 to around $0.35, with key resistance and support levels identified at $0.3584-$0.3620 and $0.3473, respectively. February is poised to be a decisive period for Cardano's market direction.
Cardano Founder Teases Major February Upgrades Amid Price Volatility
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