The post Cardano’s Decentralization & Bonk’s ComebackCoin Edition appeared on BitcoinEthereumNews.com.

As Cardano progresses towards complete decentralization promising enhanced governance, and Bonk captures attention with a 9,000% increase over the last year signaling a resurgence, BlockDAG (BDAG) leads the pack. It has clinched the top position on CoinSniper with a striking 1120% growth in value to $0.0122 by its 18th batch, accompanied by a fundraising achievement of $51.1 million from the sale of over 11.5 billion coins. Moreover, the platform’s mining rig sales are impressive, with more than 7,814 units sold, generating upwards of $3.3 million. BlockDAG’s Low Code/No Code platform marks it as an attractive option for future investment, appealing to those in search of dependable opportunities. Cardano Approaches Full Decentralization Cardano’s co-founder, Charles Hoskinson, has indicated that the network is nearing the final stages of evolving into a fully decentralized blockchain ecosystem. Hoskinson recently shared via an X post that the initial step is to upgrade the validating node software utilized by stake pool operators (SPOs) to the newest version. This upgrade will lead to a hard fork, transitioning the blockchain to a version that isn’t backward-compatible and initiating the Voltaire era. Once finalized, Cardano will be completely governed by its community, featuring sophisticated blockchain governance, yearly budgets, a treasury, and community-directed initiatives. This next phase will enable ADA token holders to vote on proposals, significantly broadening the ecosystem’s decentralized nature and boosting community involvement. Bonk’s Price Indicates a Possible Recovery Following Recent Dip Today, Bonk’s price fell by 2% to $0.00002761, mirroring a slight 0.3% downturn in the general cryptocurrency market. Despite a 20% reduction last week and a 27% drop over the fortnight, this Solana-based meme token has maintained a 19% increase over the month and an impressive 9,000% upswing over the past year, ranking it among the top performers in the top 100 coins. With indications…

---

Filed under: News - @ June 18, 2024 8:28 am