The Cardano Foundation canceled the Cardano Summit 2026 after a treasury funding vote received 65.21% support, just short of the 66.67% supermajority needed. The revised proposal requested 7.8 million ADA (about $2 million) with added oversight and milestone payments but failed due to stake-weighted voting rules despite majority delegate support. Meanwhile, EMURGO’s separate TOKEN2049 sponsorship proposal passed, ensuring Cardano's presence at the Singapore crypto conference. The Foundation will now wind down summit plans but continue its broader ecosystem work, reflecting the community’s strong role in governance and spending decisions.
Ethereum has dropped about 32.4% year-to-date in 2026, trading near the $2,000 support level after significant losses in early months and ongoing ETF outflows. This decline outpaces Bitcoin's roughly 15% loss and reflects a shift in investor preferen...
The Cardano Foundation confirmed the cancellation of the Cardano Summit 2026 following a failed treasury vote by DReps, reflecting increased governance scrutiny amid a weak ADA market. ADA price is trading near $0.236, below a critical support level ...
In the current risk-off phase of the crypto market, investors are moving capital away from speculative memecoins and weaker assets toward stronger networks like Hedera (HBAR) and Stellar (XLM). HBAR climbed to 18th place with a market cap of $4.6 bil...
Cardano's ADA price is trading below a critical support level of $0.247, which has held since 2021, raising concerns about a potential bearish trend. If ADA closes the monthly candle below this level, it could trigger further declines toward lower su...
Cardano's price has dropped below its critical multi-year support level of $0.247, signaling a potential bearish trend. This break below a key support zone, which held since 2021, raises concerns about further price declines if ADA does not recover a...
