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Cardano Foundation Reports $659 Million Crypto Asset Value Amid Rising Prices, ADA Holdings at 77%

2025-07-10 13:37:58

Cardano Foundation Reports $659 Million Crypto Asset Value Amid Rising Prices, ADA Holdings at 77%

Main Idea

The Cardano Foundation reported an increase in its crypto asset value to $659.1 million, with ADA holdings at 77% and steady income from staking rewards.

Key Points

1. The Cardano Foundation's crypto asset value rose from $478.24 million to $659.1 million.

2. Bitcoin now makes up about 15% of the foundation's crypto holdings, down from 83% to 77%.

3. The foundation held 599.2 million ADA and earned 17.1 million ADA in staking rewards in 2024, yielding 2.7%.

Description

On July 10, the Cardano Foundation published a detailed report revealing a significant appreciation in its cryptocurrency portfolio, with asset values climbing from $478.24 million to $659.1 million. Bitcoin now

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