Cardano Aims for 2026 Milestone as Institutions Seek Significant Treasury Funding

Funding Request for 2026 Roadmap: Major Cardano institutions have filed a proposal requesting 70 million ADA to enhance infrastructure for stablecoins, custody, analytics, bridges, and price feeds, aiming to support the ecosystem's growth ahead of 2026.

Response to Recent Network Issues: The proposal follows a temporary chain split caused by a flaw in an outdated testnet library, prompting founder Charles Hoskinson to call for unity among Cardano organizations to ensure long-term stability and progress.

Focus on Essential Infrastructure: The funding will prioritize critical integrations that improve Cardano's usability for DeFi and institutional applications, rather than new dApps or experimental projects, with negotiations for partnerships already in progress.

Collaboration Among Core Organizations: Hoskinson emphasized the need for collaboration among key Cardano entities, stating that future proposals will be co-authored to foster a unified approach, moving away from past governance disputes and towards a cohesive strategy for the network's development.