Cardano
Why Cardano is up 6.5% today
Analysis
Cardano (ADA) rose about 6.5% over the past 24 hours as traders reacted to the “Van Rossum” hard fork going live, which multiple outlets said moved mainnet to protocol version 11 and outlined user-facing implications of the upgrade. CoinDesk highlighted what the hard fork means for users, while Bitcoinist emphasized the protocol-version bump, both of which likely supported bullish sentiment around near-term network progress.
Contributing Factors (3)
Inside Cardano's 'Van Rossum' hard fork, and what it means for users
The Van Rossem hard fork moved Cardano to version 11 on Saturday. And for the first time, Cardano's community voted in the upgrade, not the company that built it.
Cardano's Hard Fork Goes Live Alongside Golden Cross, Is ADA at Turning Point?
The bullish signal coincides with the first hard fork approved entirely through onchain governance being activated on the Cardano mainnet.
Cardano Van Rossem Hard Fork Moves Mainnet To Protocol Version 11
# Cardano Van Rossem Hard Fork Moves Mainnet To Protocol Version 11
Move Details
Explanation Confidence
High confidence in the explanation based on source reliability and timing.