₳ Cardano (ADA) Update: Governance Overhaul & Trend Reversal Signs!Cardano is making waves this week as major internal and technical developments come to a head, with ADA steadily stabilizing around the $0.24 – $0.25 zone.Here is the breakdown of the latest news driving the ecosystem:The Governance Crisis: Founder Charles Hoskinson has announced an emergency governance overhaul plan after a major internal rift. An active treasury funding proposal from IOG—which funds Cardano's 2026 research roadmap (including quantum security)—is facing an 87% rejection rate by Delegated Representatives (DReps) ahead of the June deadline. Hoskinson warned that rejection could force staff cuts and harm the network's research identity. Hard Fork Roadmap: Despite internal tensions, developers confirmed that Protocol 11, known as the Van Rossem Hard Fork, remains strictly on track for late June. This upgrade shifts Cardano into complete "Voltaire Era Maturity," moving full control over to the community. Technical Flash Buy: On the charts, the TD Sequential indicator has flashed a fresh buy signal on the daily chart after ADA suffered a 15% correction. Derivatives data backs this up, showing a massive 56% surge in futures trading volume as buyers step in. Technical Levels: Bulls are fighting to secure the $0.246 support line. A successful hold here clears the path to challenge immediate resistance at $0.262, aiming for a macro target of $0.29 by the end of May. 🚀 #Gateio #Cardano #ADA #CharlesHoskinson #CryptoNews $ADA ‌