Cardano (ADA) bulls are preparing for strong upward movement amid several recent favorable developments. The primary rationale behind Cardano's (ADA) price 6% upside momentum today comes as the network gears up for that most significant Chang hard fork next week.

Similarly, Bitcoin Cash (BCH) observes a bullish rally following the repayment of MtGox, causing an uptrend for BCH. DTX Exchange, on the other hand, remains unbeatable due to its presale performance and innovative features.

Cardano (ADA) Price Ascends: Chang Hard Fork Initiates Rally

The daily charts for Cardano (ADA) are ruled by constant green candles showing a massive increase in momentum. The major reason for this increase in momentum is the Chang Hard Fork update.

Charles Hoskinson, the founder of Cardano (ADA), has announced that August 27 is the intended date for Chang's hard fork mainnet. This update ushers in the Voltaire era with the release of Plutus V3 and on-chain governance. This will enhance the decentralization and scalability of the platform even further.

In preparation, pre-production will hard start on August 22. Cardano (ADA) infrastructure preparedness has passed a major milestone, with nodes running version 9.1.0, minting 85% of all blocks. Additionally, Cexplorer data indicates that only 14 exchanges are prepared for the hard fork.

The RSI and MACD point to an impending bullish surge for Cardano (ADA). The rising momentum in the price of Cardano (ADA) would be supported by the rise in network activity, optimistic trader sentiment, and expectations surrounding the Hydra Layer 2 solution, further contributing to bullish rallies.

Bitcoin Cash (BCH) Price Surges Following The MtGox Repayments

In accordance with the court-approved compensation scheme, certain creditors of MtGox received payment on August 21, 2024, as reported by an official release. Naturally, the repayments were done through specific cryptocurrency exchanges in Bitcoin and Bitcoin Cash.

To date, payments in Bitcoin and BCH have been sent to over 19,000 creditors. The exchange hopes to conclude its ten-year bankruptcy case with the completion of this fourth repayment phase in July 2024 alone.

This repayment has initiated a price rally for Bitcoin Cash (BCH), as the coin continues to ascend on the daily charts. Bitcoin Cash (BCH) price analysis reveals that it has shown an intra-day increase of about 4%. The market cap and trading volume for Bitcoin Cash (BCH) have also increased by 2.3% and 3.7%, respectively, contributing to the rally.

DTX Exchange: Disrupting altcoin giants with cutting-edge tech

DTX Exchange (DTX) is wiping out altcoin giants with its cutting-edge blockchain technology and long-anticipated VulcanX upgrade as a hybrid platform built on the Ethereum blockchain. This upgrade is said to boost DTX Exchange’s widespread adoption, shoot off its execution speeds, and integrate the latest security protocols for secure transactions.

DTX Exchange (DTX) Exchange consists of quantitative and algorithmic trading, providing access to advanced tools and APIs that allow users to automate trading strategies, execute trades precisely, and capitalize on market sentiments with increased accuracy and efficiency.

The platform has raised a whopping $1.5 million in its viral presale, drawing whales from altcoin giants like Cardano (ADA) and Bitcoin Cash (BCH). Its skyrocketing presale is set to end before time, given the current performance metrics and future outlook predicted by expert crypto analysts.

As the emerging platform DTX Exchange leads a highly successful presale, traditional VC firms are showing interest in this platform, which has dramatically jumped off without VC backing. DTX’s exchange is displaying robust performance and technological upgrades that are drawing attention from top-tier VC firms as well as crypto whales.

Key Takeaways

The DeFi market remains stunned by the market performance of DTX Exchange, as the presale raises an astonishing amount of $1.5 Million. Cardano (ADA) and Bitcoin Cash (BCH) also show uptrends in this bull run.

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