Cardano’s Hard Fork Vote Inches Closer as German Custody Giant Opens the Door
Veröffentlicht: 10.07.2026 um 01:20 Uhr, Redaktion boerse-global.de
Cardano is threading two transformative developments through a single volatile week. A regulatory milestone in Europe and a pending network upgrade are competing for investor attention, while a security breach at a key ecosystem wallet continues to feed selling pressure.
Clearstream, the custody arm of Deutsche Börse that oversees assets worth 22 trillion euros, has added Cardano to its regulated digital-asset vault. The move brings ADA into the same infrastructure as bitcoin and ether, which Clearstream has offered since last year. Alongside Cardano, the custodian now supports Ripple, Solana, Litecoin, Stellar and Avalanche. Crypto Finance, a MiCA?licensed subsidiary of Deutsche Börse, acts as sub?custodian. The expansion is a strong signal for institutional players who require a regulated, Europe?based gateway to cryptocurrencies. Yet analysts caution that the listing is a structural positive, not an immediate price catalyst.
On the technical side, the long?awaited Van Rossem hard fork is nearing its final gate. The vote among stake pool operators has reached 43.37 percent, still shy of the required 51 percent. All other prerequisites are already met: node version 11 commands 89 percent of block production, delegate representatives have voted with 66.60 percent against a 60 percent threshold, and both exchanges and decentralised applications have surpassed the 80 percent liquidity and operational mark. Once SPOs deliver the missing votes, the governance action can be ratified and the upgrade set in motion.
Should investors sell immediately? Or is it worth buying Cardano?
The positive narrative was dented by a security incident at SecondFi, a Cardano wallet provider. During the exploit, roughly 145 million ADA were moved. A white?hat hacker returned 129 million coins, leaving net losses of 16 million ADA — worth about $2.7 million at current prices. SecondFi has confirmed that it will not resume normal operations. The founder’s organisation EMURGO temporarily withdrew from a governance committee called Pentad to lead the cleanup. The episode has weighed on sentiment, offsetting some of the goodwill generated by the Clearstream listing and the hard fork progress.
Price action reflects the tug?of?war. ADA trades at $0.17, around 20 percent above its 52?week low of $0.14 set on June 26. On the day, the coin is down 4.6 percent, but the weekly gain stands at 8 percent. The longer?term picture is grimmer: Cardano has lost 53 percent since the start of the year and more than 71 percent over the past twelve months. From its August 2025 high of $1.01, the token remains more than 83 percent lower. The 200?day moving average of $0.27 sits 37 percent above the current price, while the relative strength index at 48 signals neutral territory.
Despite the price slump, on?chain data from Santiment shows that wallets holding between 10 million and 100 million ADA — often referred to as whales — have increased their collective stash to 38.13 percent of the total supply. Founder Charles Hoskinson has reiterated that the network is on track for a 60?fold increase in transaction throughput by the end of 2026, driven by the Hydra scaling technology and partnerchain integration.
Two upcoming dates could shift the mood further. The U.S. Securities and Exchange Commission opens an accelerated review window for a potential Cardano spot ETF on August 9, 2026. Grayscale has already filed for a product named GADA, and the CME Group listed ADA futures in February — a step often seen as a prerequisite for spot ETF approval. Whether the hard fork completes in time and European custody bridges the trust gap left by the SecondFi incident will determine if Cardano can turn these cross?currents into a sustained recovery.
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