Cardano’s next protocol upgrade, the van Rossem hard fork, has moved closer to reality after the governance action was submitted on the mainnet on June 16, during epoch 637. The on-chain vote, tracked by the member-based organization Intersect, shows growing ecosystem readiness and significant progress in the governance process.
As of the latest update, the proposal has received 62.76% approval from Delegated Representatives (DReps), 31.59% from Stake Pool Operators (SPOs), and one constitutional vote from the Constitutional Committee (CC), with six members still to vote. The DRep threshold of 60% has been met, while SPOs need to reach 51%, and the CC requires 5 out of 7 votes. According to Intersect, ratification could happen as early as June 28 or July 3, with potential enactment on July 3 or July 8, respectively.
Ecosystem readiness indicators have improved: block production on node version 11 remains stable at 87% for epoch 639, and several major exchanges have signaled support, pushing total liquidity readiness to 77.37%. These milestones are critical for a smooth transition during the intra-era upgrade.
In parallel, Cardano’s scaling and infrastructure efforts are advancing. The Ouroboros Leios scaling solution launched a public testnet called Musashi Dojo this week, moving from research to a live prototype. The Mithril workstream has been handed over to Teragone, bringing cryptographic expertise to the project. Additionally, the RealFi Phase 1 Testnet is set to go live on July 6, marking the first public step toward next-generation stablecoin infrastructure on Cardano. These developments underscore Cardano’s ongoing push for scalability, governance, and real-world finance applications.