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Binance freezes Cardano (ADA) transactions temporarily: What you need to know

Binance will temporarily suspend ADA deposits and withdrawals starting January 29 to implement the Plomin hard fork upgrade. This hard fork aims to enhance network governance, allowing ADA holders to vote on protocol updates.

Despite the suspension, ADA’s price hovers at approximately 0.94 USD. Analysts have mixed predictions, with some anticipating a rally potentially reaching 3.00 USD, while others warn of volatility due to upcoming market events.

This is community-generated content, not advice from ONUS.
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