Cardano
Why Cardano is up 2.4% today
Analysis
Cardano (ADA) rose 2.4% over the past 24 hours, likely supported by positive sentiment around a reported protocol upgrade. Bitcoinist reported that the Van Rossem hard fork moved Cardano’s mainnet to protocol version 11, which can be interpreted by traders as a constructive network milestone and catalyst for near-term buying interest.
Contributing Factors (1)
Cardano Van Rossem Hard Fork Moves Mainnet To Protocol Version 11
# Cardano Van Rossem Hard Fork Moves Mainnet To Protocol Version 11
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.