Cardano $ADA surges after $71M treasury approval backs major upgrades, sparking bullish sentiment.
Cardano's ADA is up 3.81% today at $0.733 after the community approved a massive $71 million funding package for network upgrades. This could be huge for ADA's future.
💥ADA Price Rallies on Historic Community Vote
Cardano's development team just got approval for 96 million ADA (worth $71 million) from the treasury. The vote passed with 74% support - that's 200 votes for, only 6 against.
This is the first time Cardano's community directly funded core development. We're talking 13% of the entire treasury here. The smart part? Payments are milestone-based, so the team has to deliver to keep getting paid.
👉What This Means for Cardano ADA Price
Two big upgrades are planned:
Hydra: Layer-2 scaling for faster, cheaper transactions. Currently, Cardano takes 20 seconds per block and costs 0.34 ADA per transaction.
Project Acropolis: Complete node redesign to make it easier for developers to build on Cardano.
More developers = more apps = more demand for ADA. Simple economics.
The competition is heating up though. Solana just boosted capacity by 20%, and Ethereum has major upgrades coming. But Cardano's community-driven approach just secured serious backing.
$ADA sits at #10 with a $25.96 billion market cap. If these upgrades deliver, this $71 million could be the best investment Cardano ever made.
🚀🚀🚀 FOLLOW BE_MASTER BUY_SMART 💰💰💰
Appreciate the work. 😍 Thank You. 👍 FOLLOW BeMaster BuySmart 🚀 TO FIND OUT MORE $$$$$ 🤩 BE MASTER BUY SMART 💰🤩
🚀🚀🚀 NOT JUST LIKE BUT, CLICK FOLLOW BE MASTER BUY SMART - Thank You.
