Input Output (IO), the engineering organization behind Cardano, submitted nine treasury funding proposals on Wednesday totaling $38.9 million, nearly 50% less than the $97.5 million it requested from the community last year. Key Takeaways: Input Output submitted 9 Cardano treasury proposals totaling $38.9M, nearly 50% less than its 2026 ask.
Cardano (ADA) seems to have found its footing, as buyers have stepped in decisively at the $0.24 zone, a vital support level.
Cardano launches a physical Visa debit card, enabling ADA and 680+ crypto payments worldwide with up to 8% Cryptoback rewards.
IO Global submits nine Cardano treasury proposals for 2026, seeking under 50% of last year's funds ahead of Leios mainnet launch.
Cardano (ADA) has experienced significant downward pressure since mid-January, shedding 68% of its value from the January 14 peak of $0.42 to its current level near $0.25. Despite this steep decline, emerging indicators suggest the token may be positioning for a potential rebound.
Cardano founder Charles Hoskinson used his latest livestream to argue that the roughly $292 million KelpDAO exploit was not just another bridge failure, but a broader warning about how Ethereum's restaking, cross-chain messaging, and lending stack can turn a single compromise into system-wide contagion.
Layer-1 blockchains form the foundational infrastructure of the crypto ecosystem. While Bitcoin and Ethereum dominate the headlines, the true battleground for innovation in scalability and governance lies with the next generation.
Lace, the Web3 wallet built specifically for the Cardano ecosystem, has issued an urgent warning to its community regarding a phishing scam currently targeting mobile users.
A cross-chain message forgery drained 116,500 restaked ether from KelpDAO on April 18, triggering what Cardano founder Charles Hoskinson called the largest DeFi exploit of the year and a contagion event that pulled billions in total value locked from the broader ecosystem within 48 hours.
Cardano price rallied nearly 12% last week before stabilizing around $0.25 on Tuesday. Now it is close to confirming a bullish reversal pattern on the charts that could position it for more upside in the coming sessions.
Cardano hovers around $0.24 as buyers try to hold on.
While Cardano (ADA) continues to display lackluster short-term momentum, analysis indicates that its broader mid- to long-term outlook remains rosy, with meaningful upside potential still in play.