Cardano successfully activated the Van Rossem hard fork on July 18, 2026, upgrading the network to Protocol Version 11. This milestone marks the first upgrade in Cardano's history to be proposed, debated, and ratified entirely through its Voltaire on-chain governance framework, bypassing founding entity Input Output Global. The upgrade reduces smart contract costs via Plutus framework enhancements and prepares the network for the upcoming Dijkstra era and Ouroboros Leios scaling protocol. While ADA's price reacted with modest gains, whale wallets holding 100,000 to 100 million ADA accumulated balances to their highest levels since February 2023.
Story comments
Loading comments…