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Crypto

Cardano figure floats case for ADA above $5, with big investors seen as key

A Cardano ecosystem figure has outlined conditions he says are needed to lift ADA above $5, including founder Charles Hoskinson taking part directly in governance and a major investor buying 1 billion ADA and registering as a DRep. The proposal has drawn mixed reactions, with supporters citing stronger decision-making and possible institutional inflows, while critics warn of conflicts of interest. ADA trades around $0.1626, far below $5.

Crypto

Charles Hoskinson moves to overhaul Cardano governance, seeks to create political organisation

Charles Hoskinson is seeking to set up a political organisation within the Cardano ecosystem and is asking the community for support. He argued that Cardano needs to revamp its decentralised governance structure to restore growth momentum. Hoskinson said rising cynicism has made it hard to execute long-term strategy, and he would remove the negative atmosphere if given sufficient support and authority. He denied plans to leave the project and said final decisions rest with ADA holders and stakeholders.

Crypto

Cardano Foundation says OpenUSD integration possible after Visa, Ripple join

The Cardano Foundation publicly raised the possibility of expanding links with the OpenUSD (OUSD) ecosystem. It said partner Brale joined OpenUSD as a launch partner and could help broaden connections with Cardano. The foundation said it is also considering other integration options and will disclose details if discussions progress. The comments came after criticism that Cardano was absent from a public list of organisations linked to OpenUSD.