ADA Down 42% In A Month As Technical Problems Hit Cardano Blockchain

Cardano (CRYPTO: ADA) has plunged 42% this month and technical problems added stress to a market already bleeding record ADA outflows.

Older Nodes Stall As Updated Versions Keep Chain Moving

A number of Cardano node operators reported that their systems stopped producing blocks because they were running older software.

That led to social posts claiming the Cardano network had gone down.

Operators running the newer version said the chain was still working normally. The issue only affected people who had not updated their nodes.

This caused some brief confusion, but ADA itself did not shut down.

ADA Breaks Multi-Month Structure As Trendline Fails

Full story available on Benzinga.com