Why Is ADA Price Up Today?

Why Is ADA Price Up Today?

Cardano bulls are preparing for strong upward movement amid a number of favorable developments recently. The primary rationale behind ADA price 6% upside momentum today comes as the network gears up for that most significant Chang hard fork next week.
Here Are the Reasons Why ADA Price Is Up Today
Chang Hard Fork Scheduled For Next Week
Cardano founder Charles Hoskinson confirmed that the target date for Chang hard fork mainnet is Tuesday, August 27. This upgrade marks the beginning of Voltaire era, introducing features like Plutus V3 and on-chain governance. This will further improve the platform’s scalability and decentralization.
With a final go or no-go decision scheduled for tomorrow, August 23. Pre-production will hard fork on the 22nd of August in preparation. Cardano infrastructure readiness has reached a significant level, with 85% of blocks are minted by nodes with version 9.1.0. Also, only 14 exchanges are ready with the hard fork, according to Cexplorer data.
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