The networking and consensus teams supported the node v.10.7.0 release and progressed on the Peras protocol, including on-chain certificate tracking. Mithril completed the Halo2 circuit and SNARK aggregation primitives, while Hydra advanced the partial fanout and directly open heads features. Additionally, Professor Aggelos Kiayias was named a 2026 IACR Fellow for his cryptographic contributions.

The ledger team reached a major milestone by releasing all packages for cardano-node v.10.7, preparing for the intra-era hard fork to protocol version 11. Mithril advanced its SNARK circuit refactoring and published a blog on mainnet protocol changes. Meanwhile, Hydra version 1.3.0 was released, featuring progress on partial fanouts and fixes for high transaction loads. The team is now focusing on the upcoming Dijkstra era.

Binance listed the NIGHT token, and the Sandstone team released Torsten, a new Cardano node written in Rust. The consensus team progressed on the Ouroboros Leios prototype and updated the node-to-client protocol to version 23. Lace is preparing for the Midnight mainnet launch, while Mithril continues implementing succinct proofs (SNARKs). Additionally, Intersect announced that committee election applications will open on March 30.

Payments in 137 SPAR stores across Switzerland now support ada, highlighting significant real-world adoption. The ledger team advanced nested transactions and performance restructuring, while the Lace wallet integrated Midnight mainnet support and the LaceID identity feature. Furthermore, the Mithril team completed signer authentication for SNARK verification keys. Research breakthroughs also established formal models for geographic diversity and Sybil-proofness in decentralized restaking networks.

MoneyGram has joined the Midnight network as a federated node operator, while the Cardano Foundation officially assumed stewardship of Project Catalyst. Yoroi now supports dual rewards for ada and night tokens. Additionally, performance benchmarks for node v.10.5.4 and v.10.6.2 were released, and the Leios team demonstrated a working prototype capable of producing endorser blocks under high load. Mithril also advanced its development of succinct SNARK proofs.

Node v.10.6.2 is live, featuring structural enhancements and preparing the network for the version 11 hard fork. The ledger team progressed with nested transactions and account address improvements, while Hydra v.1.3 focuses on production adoption. Coinbase now accepts ada as loan collateral, and the Leios prototype successfully minted endorser blocks under load. Finally, Messari released the Q4 2025 report alongside Intersect's committee election announcement.

Node v.10.5.4 has been released, introducing critical patches to enhance the robustness of the diffusion layer. The consensus team integrated network packages for the upcoming node v.10.7 and further advanced the Leios prototype. Meanwhile, the Mithril team implemented new succinct proofs and SNARK-friendly certificate chains. Simultaneously, the Leios team moved toward finalizing protocol parameter recommendations through extensive research and simulations to analyze network traffic under load.

The High Assurance team has launched an early access program for its automatic formal verification tool, inviting developers to help shape the future of smart contract security. In scaling updates, Mithril distribution 2603.1 is now available, featuring a decentralized message queue protocol and Blockfrost API integration. Furthermore, the IOG Research team officially closed Work Package 25 by submitting its comprehensive 2025 end-of-year reports to Intersect.

Cardano node v.10.7 development and Leios endorsement block prototyping are advancing, pushing the network toward higher throughput. The Hydra team focused on performance optimizations and a Raspberry Pi demo, while Mithril prepared distribution 2603.1-pre with DMQ protocol support. Furthermore, Intersect is coordinating an intra-era upgrade to protocol version 11, laying the groundwork for enhanced governance and scalability features.

The updated Cardano constitution has been ratified and officially took effect on January 24, marking a pivotal step in decentralized governance. The ledger team finalized the design for nested transactions (CIP-118) and began implementing account address enhancements (CIP-159) for the upcoming Dijkstra era. Simultaneously, the Mithril team focused on SNARK-friendly libraries and prepared the infrastructure for the decentralized message queue (DMQ) network deployment.