Cardano Secures $71M for Major Protocol Upgrades
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Aug 05 2025Funding for Protocol Upgrades: Cardano has secured a $71 million allocation approved by a 74% community vote to enhance scalability and infrastructure through upgrades like Hydra and Project Acropolis, marking a significant shift towards community-driven governance.
Decentralization and Future Direction: The funding will be managed by Intersect, ensuring milestone verification, and aims to improve Cardano's global reach and competitive edge in DeFi, reflecting the growing influence of the community in project decisions.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
