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Cardano Foundation’s $15 Million Adoption Push Shows Limited Impact on ADA Price So Far

2025-07-10 16:14:29

Cardano Foundation’s $15 Million Adoption Push Shows Limited Impact on ADA Price So Far

Main Idea

The Cardano Foundation allocated $29.2 million in 2024 to expand its blockchain ecosystem, with $15 million focused on adoption efforts, but ADA's price and ecosystem activity remain underwhelming.

Key Points

1. The Cardano Foundation spent $29.2 million in 2024, with $15 million dedicated to adoption initiatives like the Barcelona FC partnership.

2. $22.1 million was invested in core operations, education, and infrastructure, while $7.1 million supported essential functions.

3. Cardano's assets totaled $659.1 million at the end of 2024, mostly held in ADA (76.7%) and Bitcoin (14.9%).

4. ADA's price has declined by approximately 50% from its November 2023 peak of $1.32, with low developer and user engagement cited as challenges.

5. The network's Total Value Locked (TVL) is $348 million, significantly lower than competitors like Ethereum, which has a TVL exceeding $20 billion.

Description

The Cardano Foundation has invested $15 million in 2024 to accelerate network adoption, yet ADA’s price remains subdued amid broader market challenges. Despite significant capital allocation towards strategic growth and

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