Community Articles

via BeInCrypto · By BeInCrypto Editorial

Cardano Summit 2026 Cancelled After Community Vote Rejects Treasury Proposal

ADA

ADA/USDT

$0.2196
+3.15%
24h Volume

$230,487,806.21

24h H/L

$0.2220 / $0.2091

Change: $0.0129 (6.17%)

Long/Short
69.7%
Long: 69.7%Short: 30.3%
Funding Rate

+0.0004%

Longs pay

Data provided by COINOTAG DATALive data
Cardano
Cardano
Daily

$0.2201

4.21%

Volume (24h): -

Resistance Levels
Resistance 3$0.2447
Resistance 2$0.2328
Resistance 1$0.2226
Price$0.2201
Support 1$0.2125
Support 2$0.1981
Support 3$0.1844
Pivot (PP):$0.2159
Trend:Uptrend
RSI (14):60.5
BE
BeInCrypto Editorial
(09:33 AM UTC)
1 min read
EW
Approved byEmily Watson

The Cardano Foundation has cancelled its annual Summit, which it had scheduled for Oct. 5–6 in Singapore. The Cardano (ADA) community stakeholders voted against funding the event from the network’s treasury.

The rejected proposal had requested 7.8 million ADA to cover the cost of the two-day event. This amount equals roughly $1.83 million. The vote outcome reflects Cardano’s on-chain governance…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

BeInCrypto Editorial · BeInCrypto

Read original →

Comments
Comments