The article reports that 96% of NFTs have been deemed 'dead' as the market struggles with speculation. Meanwhile, Bitcoin ETF outflows have surpassed $1 billion in just 8 days, indicating a bearish sentiment in the crypto market.

Chatter around 'altcoin season' has been heating up on social media, but an index suggests it is still far off. The focus then shifts to the Cardano blockchain, where founder Charles Hoskinson has praised the recent Chang hard fork update, claiming it 'dwarfs Bitcoin' and is 'one of the greatest technical achievements in human history'.

Hoskinson believes the Chang update, which enhanced Cardano's onchain governance, is a significant milestone for the ecosystem. The article explores Cardano's progress and Hoskinson's perspective on the blockchain's capabilities compared to the market-leading Bitcoin.

Source: https://crypto.aabeyllc.com/cardano-founder-charles-hoskinson-on-chang-hard-fork-achievements-this-dwarfs-bitcoin/

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