CARDANO'S STRUCTURAL OVERHAUL BEGINS IN AUGUST – WILL IT IGNITE A RECOVERY?
$ADA 🔥
Input Output is transferring control of key blockchain components like the Haskell node, Plutus platform, and Daedalus wallet to external teams starting August. Independent firms Se7en Labs and Teragone will handle core infrastructure. This move aims for full decentralization but comes as ADA faces weak network activity and a sharp price decline.
Daily active addresses on Cardano have dropped over 40% since March. Founder Hoskinson calls these necessary growing pains. Is this a turning point or just another leg lower before the transition completes?
Not financial advice. Always manage your risk.
#ADA #Decentralization #Cardano #GrowingPains #Crypto ⚡