Intersect, a member-based organization in the Cardano ecosystem, has issued a critical upgrade alert to all network participants ahead of the Van Rossem hard fork. In a status update, the group confirmed that node version 10.7.1 cannot progress beyond the Protocol Version 11.0 hard fork boundary, meaning any infrastructure still running it will cease to operate after the fork.
The fully released Node v11.0.1 is now mainnet hard fork–ready. The preview environment was forked early on May 8, and Intersect emphasized that the delta between v10.7.1 and v11.0.1 is minor, not expected to materially impact ongoing integration efforts. Nonetheless, all ecosystem infrastructure must upgrade to v11.0.1 to stay functional post-fork.
A Plutus cost model protocol parameter update governance action has been submitted on PreProd, with a target ratification date of May 16 and subsequent enactment expected by May 21. This marks a key step as Cardano moves into its first live governance-driven activation stage for the intra‑era Van Rossem hard fork.
At the time of writing, ADA was trading at $0.278, down 2.18% in 24 hours but up 11.88% over the past week. The price remains range-bound between $0.22 and $0.31, with the 50‑day moving average at $0.252 acting as a pivotal level. The RSI stays in positive territory, suggesting a slight bullish advantage.
