Cardano Prepares for Bullish Hard Fork and Bitcoin Sets Longest Consolidation Record This Cycle

• Cardano and Bitcoin are stealing the spotlight with their latest movements.
• Cardano is nearing the launch of Cardano Node 9.0 which will take place this month.
• Bitcoin is being observed for printing the longest consolidation phase this cycle.

Cardano (ADA) was seen as a dying blockchain by many in the crypto space. A passionate declaration of stepping into a promising future for the project by Founder Charles Hoskinson has brought bullish momentum back to the cause. 

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In detail, Cardano is preparing for Cardano Node 9.0 which will make its debut this month and is set to usher a new wave for Cardano into the Age of Voltaire. Hoskinson himself took to the masses to announce the arrival of Cardano Node 9.0 this June.

He explains what this means saying that Cardano is Chang Fork ready and is waiting for 70% of the SPOs to install a new node. Once this is ready a hard fork will likely occur which will push the Cardano network into its next age. 

He then goes on to mark this moment as the network’s most significant milestone in the history of Cardano and the crypto industry. Soon, Cardano will be a decentralized civilization spanning across the whole world with millions of residents. This is Hoskinson’s vision for Cardano.

Hoskinson promises the community that Cardano will have the most advanced blockchain government system, a treasury, annual budgets, and the wisdom of an entire community to guide the blockchain. 

He reminisces how amazing the 10 year journey has been for the platform and is excited for the nation they’ve built along the way. He expresses his pride over the project and its community and believes they can work together to make the next decade even better. 

Meanwhile, Bitcoin (BTC) enthusiasts observe that the pioneer crypto asset is printing the longest consolidation phase this cycle beating the previous two cycles by almost half the time. Analysts expect the price spike to be monumental once the consolidation phase ends signalling a massive upward rally.

Read Also

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