Cardano member organization Intersect has provided an update on the development of Cardano Node 10.7.0, which could have a major impact network growth. The move comes as the network prepares for the Van Rossem hard fork, which will introduce Protocol version 11.
Cardano Node 10.7.0 Update Set For Release
In an X postThe Intersect indicated that a pre-release target is expected in the next few days and that the valuation is not considered a strong deterrent to the pre-release. Instead, the previous release depends on the performance results and integration tests, with another minor issue likely to follow.
The previous release of node 10.7.0 is an important part of the Van Rossem’s hard forkwhich can improve smart contracts and the performance of nodes in the network. As part of the previous release, Intersect stated that DBSync compatibility with 10.7.0 node is expected soon after the node release.
In addition, this development does not include serialization changes, so developers do not expect problems with hardware wallets. At the time, Intersect noted that the previously released version 10.7.0 could be used for testing features. Additionally, version 10.7.x will be promoted to V11 for preview and PrePod testnets and then mainnet.
The main focus of Protocol Version 11 is to improve Plutus, Cardano’s smart contract platform. Intersect noted that the hard fork will introduce new built-in functions for Plutus. These functions are CIP-138 (Array type), CIP-153 (MaryEraValue type), CIP-109 (Modular exponentiation builtin), CIP-132 (dropList builtin), and CIP-133 (Multi-scalar multiplication with BLS12-381).
These new architectures are said to be available for testing as SanchNet has been upgraded to Protocol Version 11. Meanwhile, Scalus’ contract tools have been developed ahead of the hard fork for this build.
An Important Year Ahead for Cardano
Cardano trading platform TapTools said that Cardano is headed for one of its most important years yet and that 2026 is “full” of several bullish developments. These developments include Rossem hard fork, Midnight mainnet which brings privacy to the network, A CLEAR ruledevelopment of Ouroboros Leios, and listing of CNT.
The CLARITY Act would provide regulatory clarity, which could increase the value of the ADA as institutional investors use the network once clarity is in place. It is noteworthy that said the SEC that Cardano is a digital asset, not a security. The CLEAR rule will strengthen the token’s status as an asset.
Cardano ETFs are also likely to launch this year. Grayscale has already applied for the ADA ETF, which has advanced through the approval process. The launch of this fund may attract new capital to the Cardano ecosystem as institutions invest in ADA.
At the time of writing, ADA’s price is trading at around $1.38, down more than 2%, according to the report data from CoinMarketCap.
Featured image from Freepik, chart from Tradingview.com
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