XRP News Today: Cardano's New Governance Model Sparks $5.3B On-Chain Surge

Generated by AI AgentCoin World
Thursday, Sep 4, 2025 6:18 am ET2min read
Aime RobotAime Summary

- Cardano fully transitioned to community-driven governance, removing founding bodies from its Constitutional Committee and setting a new decentralization benchmark.

- The shift coincided with a $5.3B on-chain volume surge in seven days, reflecting renewed ecosystem adoption and accelerated stakeholder-driven innovation.

- Meanwhile, Remittix (RTX) emerged as a PayFi altcoin with $23.6M raised in presale, targeting 30x returns by addressing global remittance challenges through crypto-to-fiat solutions.

Cardano's governance structure has reached a major milestone, as the network has fully transitioned to community-driven governance, according to a recent post by Mintern, the Chief Meme Officer of Minswap Labs. This development marks a significant shift in the blockchain's trajectory, as it has now handed over full control of its governance to the decentralized community, effectively removing the founding bodies from the Constitutional Committee [1]. This milestone solidifies Cardano’s position as one of the most decentralized blockchains, offering a new benchmark for governance in the crypto space.

The governance transition has coincided with a surge in on-chain volume. Data shared by Mintern revealed that the network's on-chain volume reached nearly $5.3 billion in just seven days, marking one of the most active weeks for the blockchain in 2025 [1]. This spike in activity underscores renewed interest in

and highlights the growing adoption of its ecosystem. With the community now fully in control of governance decisions, stakeholders are expected to drive innovation and development at an accelerated pace.

The increased decentralization and improved governance model are part of Cardano’s broader strategy to revolutionize the blockchain industry.

, a Cardano stake pool operator, emphasized the network’s global reach and resilience, noting that the blockchain operates on thousands of nodes worldwide [1]. This distributed infrastructure ensures that the network remains censorship-resistant and free from centralized control, aligning with Cardano’s vision of a truly democratic and accessible blockchain ecosystem.

Meanwhile, the price action for

has shown mixed signals. As of the latest data, ADA was trading at $0.82, reflecting modest gains over the past week. While the broader crypto market remains volatile, Cardano's foundational progress has helped maintain investor interest. However, analysts caution that governance transitions and technical upgrades, while positive in the long term, may not immediately translate to price increases [1].

In parallel, attention in the crypto space has shifted toward Remittix (RTX), a PayFi altcoin that is gaining traction as an emerging investment opportunity. Unlike traditional speculative tokens, Remittix focuses on solving real-world problems, particularly in the global remittance sector. The project has already raised over $23.6 million in its presale, with analysts projecting returns of up to 30 times the initial investment [2]. This momentum has led some early investors to position themselves for significant gains, as the project moves closer to its first centralized exchange listing.

The growing interest in Remittix highlights a broader trend in the crypto market, where investors are increasingly prioritizing projects with tangible use cases and real-world applications. As

and Ripple show signs of stalling, Remittix's focus on remittances and cross-border payments positions it as a strong contender for long-term growth. With its ability to convert crypto into fiat and deliver it directly to bank accounts worldwide, Remittix is redefining the way money is transferred across borders [2].

Source: [1] Cardano Secures The Crown (https://bitcoinist.com/cardano-secures-the-crown/) [2] Solana And Ripple XRP Prices Stall As Remittix Emerges (https://blockchainreporter.net/solana-and-ripple-xrp-prices-stall-as-remittix-emerges-as-the-investor-favorite-to-deliver-mega-gains/)