Cardano Pumps as Network Moves to Further Decentralize Development
Input Output is handing core Cardano infrastructure development to outside firms starting in August, including the Haskell node, Plutus, Daedalus, and Hydra. Se7en Labs and Teragone are among the groups taking over, while multiple independent node implementations in Haskell, Rust, and Go will run in parallel under community oversight from Intersect and Pragma through 2027. The move marks Cardano’s push toward full engineering decentralization, described as the final stage of its Voltaire governance era. A major network upgrade, the Van Rossem hard fork, is set for July 18 and will raise Cardano to Protocol Version 11. It adds new Plutus built-ins aimed at lowering smart-contract execution costs. ADA is trading around $0.165, with traders leaning bullish in futures markets, though longer-term price action remains weak. Input Output plans to shift focus to research and new ventures.
