Guavy AI Editorial TeamSentiment: 1.5Clout: 82

Cardano Activates 'Historic' Van Rossem Hard Fork with No ADA Price Bump

The Cardano network successfully activated its 'historic' Van Rossem hard fork on July 20, upgrading to Protocol Version 11 without any reported downtime or issues.

This marked the first fully community-governed hard fork under the Voltaire governance framework, which allows for decentralized decision-making and voting.

The proposal cleared all necessary approval thresholds across delegated voters, node operators, and the Constitutional Committee, garnering 78.97% support from the former and 53.02% support from the latter.

Despite the smooth upgrade, Cardano's token, ADA, did not see any significant price movement, trading flat in the past 24 hours while other major cryptocurrencies like Bitcoin (BTC) and Solana (SOL) experienced gains of up to 1.7%.