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Cardano's Van Rossem hard fork enacts Protocol Version 11, enhancing network capabilities.
On July 18, 2026, Cardano successfully implemented the Van Rossem hard fork, transitioning to Protocol Version 11. This upgrade introduces new Plutus functionality and protocol improvements aimed at enhancing Cardano's smart contract capabilities and network efficiency. While the hard fork's enactment is a significant technical milestone, its immediate impact on ADA's price remains to be seen, as broader market conditions also play a crucial role.
Key points
- Cardano enacts Van Rossem hard fork, introducing Protocol Version 11.
- Whale wallets holding between 100,000 and 100 million ADA have increased their holdings to 25.65 billion ADA, the highest level since February 2023.
- ADA's Relative Strength Index (RSI) reaches historically oversold levels, indicating potential for price rebound.
Sources
- Van Rossem Hard Fork Goes Live: What Protocol Version 11 Means for Cardano99Bitcoins · July 18, 2026
- Cardano Price Forecast: Whale accumulation, van Rossem hard fork update support recovery prospectsFXStreet · July 16, 2026
- Cardano Most Oversold RSI in History But Traders are Putting a 2.5x Long BetBeInCrypto · June 9, 2026
AI-generated from public news sources. Not financial advice.
