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Cardano Community Greenlights $70M Core Dev Fund—ADA Primed for Major Leap

Cardano Community Greenlights $70M Core Dev Fund—ADA Primed for Major Leap

Author:
Coindesk
Published:
2025-08-04 07:36:36
19
1

Cardano Community Approves $70M Core Dev Budget, Boosting ADA Prospects

Cardano just leveled up its infrastructure game—hard. The community overwhelmingly backed a $70 million war chest for core development, signaling bullish conviction in ADA's roadmap.

Why this matters:

That nine-figure commitment isn't just pocket change—it's rocket fuel for Cardano's smart contract capabilities and scalability. While legacy finance still debates blockchain utility, ADA builders are shipping.

The cynical take:

Wall Street spends $70 million on a single executive's golden parachute. Cardano deploys it to rebuild the financial system. Priorities.

|Square

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