Cardano Triggers Historic Decentralized Governance Shift after Plomin Hard Fork

Cardano activates full decentralized governance as the Plomin hard fork goes live, giving ADA holders direct voting power over key blockchain decisions.

Cardano (ADA-USD) has officially flipped the switch on full decentralized governance. The long-awaited Plomin hard fork went live Wednesday, granting ADA holders direct voting power over key blockchain decisions, according to Cardano Foundation on X. “The Plomin hard fork takes effect, marking the transition to full decentralized governance. ADA holders gain real voting power—on parameter changes, treasury withdrawals, hard forks, and the blockchain’s future,” the foundation stated.

Stake Pool Operators Pave the Way for the Upgrade

For the hard fork to succeed, Stake Pool Operators had to upgrade their nodes and approve the upgrade with a 51% majority. As of last week, nearly 80% of nodes had already transitioned to the new version, according to Emurgo, a key voting member of Cardano’s Interim Constitutional Committee (ICC).

ADA Price Eyes Breakout despite Recent Struggles

Despite the major upgrade, ADA’s price remains sluggish, falling over 7.9% over the past few days to hover around $0.91. However, analysts point to a symmetrical triangle pattern that could push ADA toward a $1.90 breakout—up 108% from current levels. The 50-day small moving average (SMA) remains a key resistance point at $0.962, making the next few days crucial for ADA’s price action.