Cardano Strengthens Decentralization
Cardano has achieved a major milestone in its governance evolution by ratifying the Cardano Structure, following the profitable Plomin arduous fork on January 29, 2025.
This foundational doc establishes clear guidelines, transparency, and accountability throughout the community’s decision-making processes. Set to be totally enacted on February 23, 2025, the Structure empowers ADA holders to actively take part in governance immediately or by means of Delegated Representatives (dReps).
This growth marks a pivotal shift towards decentralized, community-driven administration of the Cardano blockchain.
ADA Value Evaluation
ADA’s 4-hour chart illustrates a transparent Elliott Wave construction, with a accomplished five-wave impulsive transfer peaking at $1.30 in December 2024, adopted by an ABC correction. The corrective wave concluded at $0.53, aligning with the 0.786 Fibonacci retracement degree. Since then, ADA has been trying to get better, forming a possible symmetrical triangle sample.
