Cardano has approved a $71 million budget for network upgrades, while Remittix has confirmed the launch of its mobile wallet and ongoing engagement in the crypto space.
Cardano Treasury Approval
Cardano's decision to directly fund 96 million ADA (about $71 million) received over 74% support. This funding proposal is aimed at network upgrades including implementing Hydra for faster low-fee transactions and Project Acropolis for modular node architecture. This vote marks a significant milestone in the Voltaire era of Cardano, with 200 delegates voting in favor and only six against. The price of ADA quickly reacted, rising nearly 3% to $0.74. Some community members argue for smaller, targeted funding votes to maintain transparency, while others believe that this funding will help Cardano achieve enterprise-level performance.
Remittix Announcements
While discussions surrounding Cardano's funding heated up, Remittix made notable announcements. Remittix confirmed the launch of its mobile wallet beta in September 2025, enabling instant crypto-to-bank payouts across 30 countries. They hinted at upcoming listings on tier-1 centralized exchanges, ensuring liquidity for RTX holders. The project also initiated a $250,000 giveaway, resulting in a 420% increase in wallet registrations this month.
Investment Prospects
The approval of Cardano's $71 million treasury reinforces its commitment to on-chain governance; however, the journey from funding to feature implementation is still months away. Investors looking for rewards from Cardano may now consider diversifying into projects with concrete deliverables. Allocating a part of their portfolio to Remittix provides direct access to operational payment corridors, upcoming wallet utility, and exchange liquidity. This strategy may balance Cardano’s roadmap-driven growth with Remittix’s tangible milestones, potentially easing returns in the volatile markets of 2025.
As Cardano takes steps towards integrating governance and upgrades, projects like Remittix showcase a different approach to investments, delivering tangible results before even hitting the exchanges.
