Cardano activated its Van Rossem hard fork on July 18, 2026, at approximately 21:44:51 UTC, moving the network to Protocol Version 11 without any reported downtime. The upgrade is an intra-era change inside Cardano's Conway ledger era. It does not replace the network's governance structure.
As part of a detailed analysis released recently, on-chain analytics platform CryptoQuant (NASDAQ:MSTR) highlighted growing financial strains at Strategy, the prominent Bitcoin-focused firm led by Michael Saylor.