Cardano's V11 Hard Fork Planned for May 29 Amid Readiness Concerns

Cardano is aiming for a mainnet governance action on May 29 for its V11 hard fork, although concerns about Ogmios readiness could affect the timeline. According to NS3.AI, the V11 upgrade is set to introduce enhancements to Plutus and cryptographic features. Despite these developments, Cardano's presence in the DeFi sector remains relatively small, with a total value locked (TVL) of approximately $129 million and a 24-hour decentralized exchange (DEX) volume of $615,138.