Cardano: 84.5% Blocks Ready for Van Rossem Hard Fork
Cardano records 84.5% blocks on Van Rossem-ready nodes with SPO upgrades accelerating network readiness ahead of the hard fork.
SourceAnalysis
Cardano recorded 84.5% of blocks minted on node versions prepared for the upcoming Van Rossem hard fork over the last 24 hours, with SPOs visibly upgrading infrastructure worldwide.
Price action on the 4h chart shows ADA at $0.16 inside the Bollinger Band, testing lower support at $0.16 while the EMA50 at $0.17 and EMA200 at $0.2 act as stacked resistance; the MACD death cross keeps momentum bearish and RSI at 36.24 leaves room for further downside before any sustained recovery, directly shaping near-term ADA price prediction models amid broader crypto market conditions.
Dave
@ItsDave_ADACardano ecosystem contributor operating the DAVE Stake Pool and serving as a DRep in network governance.