Cardano: 70.4M ADA YES Vote on Plutus Update
Cardano delegate votes 70.4 million ADA YES on Plutus Cost Models update for van Rossem hard fork as ADA trades at $0.2 with bearish EMAs.
SourceAnalysis
Cardano delegate @ItsDave_ADA voted YES with 70.4 million ADA on the Parameter Change Proposal to update Plutus Cost Models ahead of the van Rossem hard fork.
Price action shows ADA at $0.2 inside the Bollinger band with EMA50 resistance at $0.23 and EMA200 at $0.24 while RSI at 26.88 signals oversold conditions and MACD confirms the death cross; this governance step aligns with broader ADA price prediction models that factor in potential crypto market crash volatility and rising AI industry impact on smart contract primitives.
Dave
@ItsDave_ADACardano ecosystem contributor operating the DAVE Stake Pool and serving as a DRep in network governance.
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