• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cardano Increases Investments with Partnerships Including NASA, FC Barcelona, and UNDP

user avatar

by Giorgi Kostiuk

6 hours ago


Cardano, a non-profit organization supporting the blockchain of the same name, reports significant budget increases for 2024 and rising ADA token prices.

Increase in Cardano's 2024 Budget

Cardano Foundation announced a distribution of $22.1 million in 2023, representing a 15% increase from the previous year. More than half of this budget, $15 million, is directed towards adoption efforts. Partners include organizations such as NASA, FC Barcelona, and the UNDP.

ADA Price Surge Amid Bullish Trend

At the time of reporting, Cardano (ADA) was priced at $0.72, with a 24-hour trading volume of $1.5 billion. The token has risen 23% over the past week due to increasing investor interest. Analysts highlight a 40% chance of a bullish reversal, with a key resistance level at $0.86.

Whale Investments in ADA

Recent reports indicate that large investors holding between one and ten million ADA accumulated 120 million tokens over the past two weeks. With growing anticipation for a potential ADA ETF in the U.S., approval odds are reported to have risen from 56% to 89%.

The budget increase and growing investments in Cardano reflect rising interest in the platform. Market events, such as the potential ETF approval, may also influence further ADA price movements.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Shiba Inu vs. Mutuum Finance: Who Will Prevail?

chest

Shiba Inu holds steady while Mutuum Finance gains traction in the crypto market. Discover the latest developments in this competitive landscape.

user avatarGiorgi Kostiuk

All the Details About the $PUMP Token Launch on pump.fun and Its Key Significance

chest

The $PUMP token launch on pump.fun is scheduled for July 12, 2025. Learn about its unique features and the ICO launch.

user avatarGiorgi Kostiuk

Bitcoin: Price Growth, Shrinking Supply, and Halving Impact

chest

Analysis of Bitcoin's current situation: price growth, supply reduction, and incomplete parabolic dynamics.

user avatarGiorgi Kostiuk

Success of Bitcoin ETF IBIT: Rapid Growth to $80 Billion

chest

Bitcoin ETF IBIT surpassed $80 billion faster than any ETF, attracting $448 million just on July 10.

user avatarGiorgi Kostiuk

India and the Future of Bitcoin: Risks and Opportunities

chest

Global trends indicate that Bitcoin is becoming a serious financial asset. What are India's prospects for adoption?

user avatarGiorgi Kostiuk

Incredible Surge in OKX USDT Rate: Possible Signal for the Crypto Bull Market

chest

The recent sharp increase in the savings rate for USDT on OKX to 53% sparks discussions about the start of a crypto bull market.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.