Cardano Secures $71M Funding for 2025 Network Upgrades

Generated by AI AgentCoin World
Monday, Aug 4, 2025 3:48 am ET1min read
Aime RobotAime Summary

- DeepSeek AI forecasts ADA could reach $1.80–$2.30 by 2025, $4.00–$6.50 by 2027, and $9.00–$13.00 by 2030, driven by Hydra scaling and DeFi growth.

- Cardano secured $71M in community-backed funding for 12-month upgrades, including Hydra and Acropolis, with strict governance and 74% approval.

- Founder Charles Hoskinson announced an audit of IOG’s ADA holdings amid allegations of misusing a "genesis key" during the 2021 Allegra hard fork.

- Emerging projects like MAGACOIN FINANCE attract high-velocity traders, contrasting ADA’s long-term growth strategy with speculative short-term opportunities.

Cardano’s (ADA) long-term price forecast remains bullish according to DeepSeek AI, which predicts the token could trade between $1.80 and $2.30 by the end of 2025, supported by improving network efficiency and the adoption of its scaling solution, Hydra [1]. The AI-driven model further suggests ADA could reach $4.00 to $6.50 in 2027, assuming continued development of decentralized finance (DeFi) and identity applications on-chain [1]. By 2030, the price could climb to between $9.00 and $13.00, contingent on favorable macroeconomic conditions and expanded institutional adoption across real-world applications like education and digital identity systems [1].

Simultaneously, the Cardano development team has secured a major funding boost of 96 million ADA—equivalent to around $71 million—to support a year-long upgrade cycle [3]. This allocation, passed with 74% community support, underscores the network’s commitment to research-driven development and transparency. The upgrades include enhancements to Hydra and Project Acropolis, both of which aim to improve scalability and developer accessibility [3]. The funding is subject to strict governance, with monthly progress reports and quarterly budget reviews to maintain accountability.

The recent funding has sparked some debate, with critics questioning the scale of the allocation and the lack of clarity around resource distribution. A competing proposal from the Technical Steering Committee was also submitted but not adopted [3]. Nevertheless, the approval represents a pivotal moment for Cardano, marking the first direct community-backed treasury allocation for core development.

Amid these developments, founder Charles Hoskinson has announced an audit of Input Output Global’s (IOG) ADA holdings in response to allegations of misappropriation, including claims of using a "genesis key" to gain control of $619 million during the 2021 Allegra hard fork [3]. Hoskinson has denied the allegations, and the audit is expected to provide further clarity on the matter.

In parallel, emerging projects like MAGACOIN FINANCE have seen a surge in investor interest, with daily participation hitting all-time highs [1]. While ADA offers a more measured, long-term growth path, projects like MAGACOIN are drawing attention from traders seeking high-velocity opportunities. Some analysts suggest its current trajectory could mirror the early-stage breakout patterns seen in prior market cycles [1].

As 2025 approaches, Cardano’s focus on real-world utility, scalability, and regulatory clarity positions it as a key player in the evolving blockchain landscape. However, the broader market’s response to ADA will likely depend on the successful execution of its development roadmap, alongside macroeconomic and regulatory developments across the global crypto ecosystem.

Source:

[1] DeepSeek ADA Price Prediction: 2025–2030

(https://coinmarketcap.com/community/articles/68906299f66ec432fbcd0272/)

[2] Cardano Price Prediction

(https://coinarbitragebot.com/price-prediction/cardano.html)

[3] Cardano Team Secures $71M Approval to Advance Network

(https://cryptonews.com/news/cardano-team-secures-71m-approval-to-advance-network/)

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