Algorand (ALGO)

The anticipation surrounding Cardano's Chang hard fork has turned into frustrated waiting. Initially scheduled for August 27, this significant event for the Cardano ecosystem has been postponed to September 1. This news has shaken the community of investors and developers, who were eagerly awaiting this update. Why is this delay so important? Because it is not just a technical update, but a real turning point in Cardano's governance, with active participation from token holders in network decisions. This delay raises questions about the readiness of exchanges and the future of Cardano in an increasingly competitive blockchain sector.

The SEC appears determined to take drastic measures in the crypto sector. After officially targeting two major crypto exchanges, it is now intervening in cryptocurrencies. The classification of certain cryptos as unregistered securities has triggered a price drop for many altcoins. Among them, Algorand and Flow reached their lowest levels over the weekend.