In a most recent communique upon the public stage of Twitter, Intersect, a society of members within the Cardano enterprise, did impart intelligence as to the progress of the Van Rossem hard fork.
Intersect observed that the momentum toward the intra-era Van Rossem fork proceeds with a decorous regularity across the spheres of node, infrastructure, and the general arrangement of the ecosystem, the Preview having at length advanced into the first stage of a governance-guided activation.
The seasoned merchant, Mr. Peter Brandt, proclaims a “Major Bottom” for SUI.
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A conspicuous feature of the discourse is the Node 11 release, the preview having been forked early on May 8. Intersect states that Node v11.0.1 is now fully released and mainnet hard fork-ready.
Upgrade alert issued
With Node v11.0.1 now fully released and mainnet hard fork ready, Intersect issues an upgrade alert to the Cardano ecosystem participants.
– Intersect (@IntersectMBO) May 11, 2026
This notice was necessitated by the revelation that node v10.7.1 cannot proceed beyond the Protocol Version 11.0 hard fork boundary. Hence, ecosystem infrastructure must upgrade to v11.0.1 in order to continue operating after the fork. The delta between v10.7.1 and v11.0.1 is trifling and is not anticipated to disturb ongoing integration efforts, Intersect noted.
Cardano Node version 11.0.1, an indispensable instrument for the safe passage across the fork, was introduced in a prerelease at the start of May before now being fully released.
A Plutus cost model protocol parameter update governance action has likewise been tendered on PreProd, with a target for ratification on May 16, implying enactment by May 21.
Cardano price
At the time of writing, ADA was down 2.18% in the last 24 hours to $0.278 and up 11.88% in the past week.
Cardano continues to trade sideways between $0.22 and $0.31, indicating a balance between supply and demand. The $0.25 remains a key level and the RSI is in positive territory, indicating a slight advantage for the bulls.
If the price maintains above current levels and above the daily MA 50 at $0.252, buyers might seek to press ADA toward $0.30 and later to $0.31.
Conversely, a break below the 50-day moving average might signal that buyers are losing their grip, and the ADA price might retreat to the $0.22 support.
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2026-05-11 16:34