Main notes
- Cardano Community has agreed to a $ 71 million grant to finance a year development road by IOE.
- The proposal is the first basic upgrade funded by society in the history of Cardano.
- Ada Eyes $ 1, but the main resistance should be destroyed at $ 0.80 to keep the bullish momentum.
Cardano
Lead
0.74 dollars
24 hours fluctuation:
2.3 %
The maximum market:
$ 26.65 b
Folder. 24h:
974.48 dollars
A eyes leap to $ 1 With the community approval of a $ 71 million grant (96 million ADA) in the vote of historical governance. Grant It will be used To finance a year -long protocol road map through input output engineering (IOE), the basic development team of the series. This is the first time that Cardano’s basic promotions have been funded directly by the Ministry of Community Treasury.
Huge community support
With 74 % of voters who support the proposal, the initiative seeks to move towards financing and transparent and traumatized delivery. The overwhelming community’s participation makes Ada one of the best encryptions for purchase.
Kardano community has just made history.
For the first time ever, the funding funding was approved directly by the community – the entry of a new era of decentralized rule.
Thank you all for your support. This is more than just a confidence vote, it’s a subscriber …
Inputoutputhk output August 2, 2025
The road map is in developments in the ability to expand, developers on board, inter -operation, performance with the Cardano Community Supervision Authority, exchange, and watching the ecosystems.
“For the first time, the development of the basic protocol is funded by society. This vote of confidence enables us to move forward in full transparency, shared responsibility, and a renewed commitment to building an open and flexible ecosystem,” said Tim Harrison, EVP of the IOE community and ecological system.
All financing depends on the landmarks, with a confirmation of delivery through smart contracts and a customized committee. IOE is also required to publish monthly updates, timing of engineering timelines, and quarterly budget collapses.
Cardano Prices (Ada): The payment faces $ 1, a major resistance area
On the daily chart, Ada is Currently trading About $ 0.73, is still closed below the long -term descending trend line that has suppressed multiple penetration attempts since its peak near $ 1.35.
The collapse above the scattered trend ranges between 0.78 – 0.80 dollars as a starting point towards one dollar level. The support area is located near $ 0.58, with a horizontal base that provides a clear nullity point for upward bets.
Ada Daile Chart with momentum indicators Source: TradingView
In order for ADA to prevail the bullish momentum and the goal for one dollar, it must turn the resistance of $ 0.80 to support and show the follow -up volume. Until then, fluctuations may remain in the short term as the basics and feelings of a battle.
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Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.
Part, an encrypted journalist with more than 5 years of experience in this industry, with the main media in the world of encryption and financing, gathered experience and experience in space after survival in the bear markets and bull over the years. Part is also the author of the book 4 books published self.
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