Cardano: 82% Nodes Ready for Van Rossem Fork
Cardano shows 82.2% of blocks from nodes supporting Van Rossem hard fork as ADA trades at $0.17 with bearish MACD on 4h chart.
SourceAnalysis
Cardano operators have accelerated preparations for the Van Rossem hard fork, with 82.2% of blocks minted in the past 24 hours already produced by upgraded nodes.
SPO adoption signals strong network readiness ahead of the scheduled upgrade, visible on live dashboards tracking consensus participation.
ADA price action on the 4h chart reveals consolidation inside Bollinger Bands between $0.16 support and $0.19 resistance while the EMA50 at $0.17 acts as immediate floor against the higher EMA200 at $0.20. Momentum remains soft with RSI at 41.18 and MACD locked in a death cross, suggesting any relief rally toward upper band resistance will likely stall before retesting the 50-period moving average.
Dave
@ItsDave_ADACardano ecosystem contributor operating the DAVE Stake Pool and serving as a DRep in network governance.