Cardano Secures $71M Treasury for Network Upgrades, ADA Rises 3%

Cardano’s (ADA) $71 million treasury funding for core network development was recently approved by its community, representing a key step toward long-term infrastructure upgrades. The proposal, supported by 74% of stakeholders, will fund initiatives such as Hydra for scalable transactions and Project Acropolis for modular node architecture. The vote, part of Cardano’s Voltaire era, received backing from 200 delegates against only six opposing it, reflecting a strong consensus. In response, ADA’s price rose nearly 3% to $0.74. Daily active addresses on the network have remained around 240,000 since late July, showing consistent user engagement despite transaction costs hovering near 0.34 ADA [1]. Some community members have called for smaller, more frequent funding votes to maintain transparency, while others believe the large allocation will finally position Cardano for enterprise-grade performance [1].

Despite these developments, the broader market has shifted attention toward Remittix (RTX), which has announced key milestones that could position it as a rising player in the PayFi sector. The project confirmed the Q3 2025 launch of its mobile wallet, which will allow instant crypto-to-bank transfers in 30 countries. Alongside this, Remittix has teased major listings on top-tier centralized exchanges, promising increased liquidity for RTX holders. The announcement also coincided with a $250,000 community giveaway, which led to a 420% surge in wallet registrations in a single month [1].

What sets Remittix apart is its tangible product progress ahead of its token generation event (TGE). Features include deflationary tokenomics, mass-market appeal beyond traditional crypto audiences, and already operational global payout rails. The project also offers a 40% token bonus to early backers, further incentivizing adoption [1]. Institutional interest is growing, particularly from ADA and BTC holders seeking to diversify into utility-driven tokens with real-world applications [1].

This shift in investor attention reflects a broader trend in the crypto market: while long-term infrastructure upgrades are essential, projects with imminent product launches and immediate utility are gaining greater traction. Cardano’s funding approval is a significant development, but the timeline for delivering those upgrades remains several months away. Meanwhile, Remittix’s beta launch and exchange listings provide investors with direct access to live payment corridors and trading opportunities [1].

Balancing exposure between projects like Cardano and Remittix could help investors navigate 2025’s volatile market. Cardano’s roadmap-driven growth potential complements Remittix’s near-term deliverables, offering a diversified approach to portfolio management. For those looking to engage with Remittix, the project is currently live through its official website and social channels, with ongoing promotions for wallet registration and token incentives [1].

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[1] Times. https://timestabloid.com/remittix-rtx-wallet-and-upcoming-listing-announcements-overshadow/