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Cardano's ADA eyes $0.29 as V11 Van Rossem hard fork boosts optimism despite recent dip.

Protocol Fundamentals
20 May 2026
Tokenpost
View Source
Bullish
pluang ai news

Cardano's ADA price slipped slightly to $0.249 amid bearish market pressure but optimism grows around the upcoming V11 Van Rossem hard fork, which aims to improve smart contract efficiency by making transactions cheaper, faster, and more secure. This upgrade could attract more developers and users, supporting long-term growth. Investors are also watching a governance vote on May 29 and the planned Leios upgrade in June, which targets scaling to over 1,000 transactions per second. Technical indicators suggest a potential rebound to $0.29 if ADA holds support at $0.248 and breaks resistance at $0.275, despite recent declines and cautious derivatives traders.

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