Cardano don approve 96M ADA for year-long protocol upgrades
Cardano community don approve proposal wey talk say dem go give 96 million ADA (about $71 million) make Input Output Engineering (IOE) fit do year-long protocol upgrades. 74% of voters support am, money go comot from Cardano on-chain treasury everytime dem reach milestone under Intersect control, wit monthly reports plus quarterly budget disclosure to make sure say everything clear. Big upgrades dey target scalability, interoperability and developer experience, like Ouroboros Leios consensus boost, Hydra layer-2 scaling, Mithril signature aggregation, Nested Transactions and modular node architecture wey dem dey call Project Acropolis. This na Cardano first time dem dey fund direct core development through decentralized governance. After the vote, ADA jump over 8% reach $0.7357. Traders go dey watch milestones delivery and network metrics as possible reasons for more price movement.
Bullish
Di milestone-based treasury funding plus di strong transparency measures show say Cardano governance and core development dey mature well well. Major upgrades like Ouroboros Leios, Hydra scaling, Mithril aggregation, Nested Transactions and Project Acropolis ready to boost transaction throughput, reduce costs and make developer onboarding better. ADA rally of 8% show say investors don gain fresh confidence. For short term, trading activity fit increase around when dem complete milestones and reach performance benchmarks. For long term, better scalability and interoperability fit make more people start to use am well and support steady price increase.