The 'van rossem' hard fork initiation governance action is a step closer to reality, with key metrics like drep approval surpassing thresholds. this upgrade aims to enhance scalability and infrastructure, which could positively influence ada's long-term value. however, the spo and cc votes still need to align, and the actual impact will depend on the success of the upgrade and subsequent adoption.
Positive developments in network upgrades, especially those focused on scalability like ouroboros leios, often lead to increased investor confidence and potential price appreciation for the underlying cryptocurrency. the progress towards the 'van rossem' hard fork, alongside the launch of testnets for scaling and stablecoin infrastructure, suggests a commitment to improving the cardano ecosystem, which is generally bullish for ada.
The full benefits of network upgrades and scaling solutions typically manifest over a longer period as they are implemented, tested, and adopted by developers and users. while short-term price movements can occur due to hype, the sustainable impact on ada's price will be seen as these advancements mature.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Cardano 's next protocol upgrade may be getting closer to reality, according to a recent update from Intersect, a member-based organization for the Cardano ecosystem . Advertisement In a recent milestone, the van Rossem hard fork initiation governance action was submitted on Cardano Mainnet in the past week, beginning the on-chain governance process for an intra-era upgrade. In a fresh update, Intersect noted that ecosystem readiness made significant progress this week. For SPOs, Block production numbers on node version 11 remained stable, increasing slightly to 87% for epoch 639. Likewise, multiple major exchanges signaled readiness this week, pushing readiness by liquidity up to 77.37%. HOT Stories Will Bitcoin (BTC) Return to $60,000? XRP's Risks of Losing $1, Shiba Inu's (SHIB) Bearish Pressure Is Weakening: Crypto Market Review OpenAI's 'Sol, Terra, Luna' Models Excite Crypto Community https://t.co/iKbHU6LvBq Advertisement — Intersect (@IntersectMBO) June 26, 2026 Currently, the van Rossem hard fork initiation action sits at 62.76% DRep approval, 31.59% SPO approval and 1 constitutional vote from the Constitutional Committee (CC) with 6 members yet to vote. This means that the DRep threshold at 60% has been surpassed, with SPOs yet to meet the 51% threshold and four CC votes remaining to meet the 5 out of 7 threshold. You Might Also Like Mon, 06/22/2026 - 13:15 Big Week for Cardano? Major Scaling Upgrade Eyes Testnet Release By Tomiwabold Olajide The van Rossem hard fork initiation governance action was submitted on Mainnet on June 16 during epoch 637. Current voting progress indicates a potential ratification within the next two epochs. Based on the governance timeline, the next possible ratification dates are June 28 or July 3, with the corresponding potential enactment dates being July 3 or July 8, respectively. Advertisement Cardano's recent developments The public testnet for Ouroboros Leios, Musashi Dojo, was launched this week. Leios refers to the scaling solution for Cardano. A year ago, Leios was just a research paper from Input Output (IO) Research, with its next phase unveiled as a live prototype on a public testnet. You Might Also Like Fri, 05/22/2026 - 15:40 Cardano Blockchain Reaches New Major Milestone Amid Turmoil By Alex Dovbnya Mithril is moving into its next phase as Teragone takes over the workstream, bringing deep cryptography expertise and continuity coordinated through Intersect. The RealFi Phase 1 Testnet is expected to go live on July 6, the first public step toward next-generation stablecoin infrastructure on Cardano. #Cardano News #Cardano