Cardano (ADA) has seen a strong rally over the past week, up nearly 15% amid a broader recovery in the cryptocurrency market. The price spike also comes on the heels of Wednesday’s announcement of the final launch date for the blockchain’s much-anticipated Chang hard fork upgrade. The Chang hard fork, described as a significant evolution for the Cardano network, is set to establish a minimum viable on-chain governance system as outlined in CIP-1694. This upgrade will be rolled out in two stages, with the first introducing core governance features to the blockchain. Intersect Unveils Timeline For Chang Hard Fork As earlier reported by Bitcoinist, the Cardano ecosystem’s key member-based organization, Intersect, has announced that the Chang hard fork working group has reviewed the progress and community feedback, paving the way for the formal proposal of the upgrade’s launch timeline. Related Reading: Solana-Based Memecoin Rug Pulled By McDonald’s Hacker, Market Cap Plummets 98% The target date for the mainnet hard fork is set for Tuesday, August 27th, with a final decision scheduled for early Frida ..
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