Cardano Community Approves $71M Treasury for Core Development Roadmap

The Cardano (ADA) community has taken a significant step in decentralizing governance by approving a $71 million treasury allocation for core protocol development. The initiative, which passed on August 3, 2025, received 74% support from 200 participating voters, marking the first time the community directly funded a development roadmap through its decentralized governance system [1][2]. The funding will be released in stages based on verified milestones and will support key upgrades such as Project Acropolis and the Hydra scalability solution. Input Output Global (IOG), the development team behind Cardano, will issue monthly progress updates and quarterly budget summaries to ensure transparency [1].

Intersect, the governance platform, will oversee audits before each fund release to align expenditures with project goals. This structured approach is designed to foster trust and accountability among stakeholders while demonstrating Cardano’s commitment to long-term infrastructure development [2]. The focus on modularity and interoperability reflects a broader strategy to position the network as a competitive player in the evolving blockchain space.

Cardano founder Charles Hoskinson emphasized that treasury funds will be used for public infrastructure rather than exchange listing costs. Instead, a proposed bond model will allow revenue-generating projects to repay ADA after deployment, balancing financial responsibility with innovation [1]. Hoskinson also dismissed allegations of ledger manipulation, reinforcing the network’s commitment to technical integrity and transparency.

The Midnight sidechain, which is preparing for its NIGHT AirDrop, has attracted institutional interest and is collaborating with over 100 partners. This development underscores Cardano’s growing ecosystem and strategic focus on modular design and cross-chain functionality [1]. Analysts suggest that the recent price movement, including a 2.79% rise to $0.7418, reflects increased user activity and a potential long-term bullish trend. However, short-term bearish signals, such as an inverted V-shaped pattern and rising volume on downward moves, indicate some near-term volatility [1].

The approval of the $71 million budget highlights the community’s confidence in the development roadmap and its execution potential. While Cardano faces competition from blockchains like Ethereum and Solana, its reliance on peer-reviewed research and structured development could provide a distinct advantage. If the funded upgrades successfully enhance scalability and reduce transaction costs, Cardano may see a corresponding boost in user adoption and investor interest [1].

Source:

[1] https://www.binance.com/en/square/post/08-04-2025-cardano-community-approves-ioe-roadmap-proposal-27845644898753

[2] https://www.ainvest.com/news/cardano-community-approves-71m-treasury-funding-2025-upgrades-2508/