Today is a large day for Kardano, since the long -awaited fort -funded plumer should be accepted tonight. According to Mainnet Hardnet Hard Fork Decision, they were successfully ratified in the chain. In the light of this, Plomin Hard Fork will be accepted today at 9:44 pm UTC, Mursect announced.
After updating the Chang, the Cardano blockchain entered the phase of the initial control load. The PLOMIN update withdraws CIP-1694 from the technical phase of the initial load and unlocks the final features of management on the network, including the participation of DRP and all management actions.
https://t.co/lnpso0rwmn
– intersection (@inteersectMbo) January 29, 2025
The Chang #1 update transferred blockchain into the initial loading phase to prepare for the transition for the complete management of the community. This stage included the preparation and approval of the project of the Cardano Constitution in December 2024.
When the plow of hard fork is implemented, the voting system for ADA holders will be created. Each with ADA can vote either directly or through a delegated representative (DRP).
The Kardano Foundation celebrated this milestone in recent tweet: “Tonight, Cardano is developing. The plumin is hard fork, noting the transition to a complete decentralized management. The owners of the ADA receive the real power of the vote – for changes in the parameter, the removal of the treasury blockchain.
Ada Price
The price of ADA has not yet responded to news about the entry into force of Plomin Hard Fork at the time of writing and is traded. Currently, ADA has decreased by 3.06% over the past 24 hours to $ 0.93, reflecting a decrease in wider crypto -markets, since investors expect the first interest rate of the federal reserve in 2025.
The announcement of the rate will be followed by the press conference of the Fed The Fed, Jerome Powell, at 14:30 east, at which the markets will actively control the clues about future decisions on monetary policy this year.
After three consistent days of the decline that saw the fall to $ 0.856, the ADA was slightly recovered, but remained for 24 hours.
The first sign of power will be a break and close above the 50-day SMA at 0.982 dollars. Then Cardano may try to rally up to $ 1.16 US and $ 1.32. Bulls protect support of $ 0.85. In the event of a fall, this increases the likelihood of falling to $ 0.80, and then up to $ 0.76.
