Cardano (ADA), one of the most important proof-of-stake (PoS) blockchains, is approaching a crucial moment in its evolution with the imminent activation of the Plomin hard fork.
This update marks a further step towards the complete decentralization of the network’s governance. Input Output Global (IOG), the development team behind Cardano, has confirmed its official support for the activation of Plomin, highlighting that all technical and governance conditions have been met.
Summary
The hard fork Plomin: Cardano towards decentralized governance
On January 18, 2025, Input Output Global announced that the hard fork Plomin is ready to be activated on the main network of Cardano.
After a thorough technical review conducted both internally and by independent experts, IOG has given the final go-ahead, stating that all conditions of the Costituzione Provvisoria, the document that governs the blockchain’s governance, have been met.
According to the representatives of IOG, at least 85% of the stake pools with active stake have updated their nodes to versions 10.1.3 or 10.1.4, compliant with the new consensus rules provided by the hard fork. Furthermore, the reports from the Hard Fork Working Group of Intersect have confirmed the network’s readiness for the update.
Thanks to these developments, the transition of Cardano to the Plomin phase is not only technically ready, but also constitutionally valid.
The approach of the hard fork Plomin not only has technical implications, but also reflects a renewed interest in the entire Cardano ecosystem. The network has seen a significant growth in its total value locked (TVL) in DeFi protocols.
Since the beginning of 2025, the TVL of Cardano has increased by 25%, rising from 430 million dollars to 538 million dollars. This growth has been driven mainly by three platforms: Liqwid, MinSwap, and Indigo, which alone account for over 60% of the value locked in the network.
The growth of TVL underscores the importance of Cardano’s DeFi ecosystem, which continues to attract developers and users, establishing itself as one of the most relevant blockchain platforms in the crypto landscape.
The role of Plomin in the Cardano roadmap
The hard fork Plomin represents a fundamental milestone in Cardano’s roadmap towards full decentralization. This update is designed to make the network more autonomous, reliable, and democratic, allowing the community to play a more central role in key decisions.
Decentralized governance is one of the strengths of Cardano, and with the activation of Plomin, the network takes an important step forward towards the vision of a blockchain system completely managed by its stakers.
Despite technological advancements and the growth of TVL, Cardano’s ADA token has faced challenges in the market.
At the moment, ADA is trying to maintain a price above $1.00, despite a 4.8% drop in the last 24 hours. However, the growing interest in the Plomin hard fork and the Cardano ecosystem could provide the necessary support for a recovery in the token’s value.
Conclusion
The hard fork Plomin marks a turning point for Cardano (ADA), consolidating its position as a leader among proof-of-stake blockchains.
With the support of Input Output Global and a community actively involved in governance, Cardano proves to be on the right track to creating a decentralized, reliable, and innovative platform.
The growth of TVL and the expansion of the Cardano DeFi ecosystem testify to the network’s success in balancing technological innovation and practical adoption.
The imminent activation of Plomin further strengthens this position, paving the way for new opportunities for developers, users, and investors.
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