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Figure Heloc 
Charles Hoskinson explains the “poisoned transaction” Cardano hack that took place back in November, and how it split the chain in two:
āI donāt wanna have figure out, like, āHow do we reimburse all these guys?ā They were honestly following the protocol, their nodes didnāt understand that there was a split.ā
š” DMK Insight
So Cardano’s recent chain split due to the “poisoned transaction” hack is a big deal for traders. This incident highlights vulnerabilities in the protocol that could shake investor confidence and affect market sentiment. When a blockchain splits, it can lead to uncertainty and volatility, especially if traders are unsure about the integrity of the network. For those holding ADA, this is a critical moment to reassess positions. If the market reacts negatively, we could see ADA testing key support levels. Watch for price action around recent lows, as a breach could trigger further selling pressure. On the flip side, if the community and developers respond effectively, it might restore some confidence, but thatās a big if. Keep an eye on updates from the Cardano team and any changes in trading volume, as these could signal how the market is digesting this news.
š® Takeaway
Monitor ADA closely; a drop below recent support levels could signal further downside, while effective responses from Cardano could stabilize prices.
