Cardano: Exchanges Confirm Van Rossem Hard Fork Readiness
Cardano Van Rossem hard fork sees Bybit, OKX and KuCoin ready with Plutus upgrades at ADA $0.16 amid bearish 4h structure.
SourceAnalysis
Bybit, KuCoin, OKX, Gate.io and Crypto.com have all signaled full readiness for the Cardano Van Rossem hard fork scheduled to improve Plutus performance, lower execution costs and add advanced cryptographic primitives while tightening ledger rules and SPO security.
The upgrade honors late contributor Max van Rossem and delivers better base-layer tooling without shifting Cardano into a new era, continuing the evidence-based development path begun in 2017.
Price action on the 4h chart shows ADA trading at $0.16 inside the Bollinger Bands with the upper band at $0.18 acting as immediate resistance; the EMA50 at $0.17 and EMA200 at $0.20 remain firm overhead resistance while RSI at 38.26 and the MACD death cross keep the structure bearish, suggesting any bounce toward the upper band will likely stall before retesting the 50-EMA support.
Dave
@ItsDave_ADACardano ecosystem contributor operating the DAVE Stake Pool and serving as a DRep in network governance.