Cardano's Van Rossem Hard Fork Set for July 18th: What to Expect

Cardano is set to undergo its biggest upgrade yet on July 18th. The Van Rossem Hard Fork will bring significant changes to the network, including lower smart contract costs, improved security, and better performance. This upgrade has been in the works for some time and has been voted on by the community through Cardano's Voltaire governance system.

The hard fork is expected to have a positive impact on the network, with many developers and node operators upgrading their infrastructure ahead of the event. Some traders are also accumulating ADA coins in anticipation of the upgrade, which could lead to increased trading volume and volatility around July 18th.

However, not everyone is convinced that this upgrade will be beneficial for Cardano. Historically, major network upgrades can create market volatility, and some short sellers may continue to hold onto their positions despite the expected changes.