₳70,000,000: Cardano Proposes 2026 Budget Following Chain Split Incident

Cardano's core founding entities—Input Output, EMURGO, Cardano Foundation, Intersect, and the Midnight Foundation—have jointly proposed a 70 million ADA budget for 2026 to fund critical infrastructure integrations. This proposal aims to address scaling limitations by supporting tier-one stablecoin integrations, institutional custody solutions, cross-chain bridges, and on-chain analytics, ultimately enhancing DeFi and real-world asset tokenization.

The proposal follows a recent demonstration of network resilience after an AI-generated malformed transaction briefly caused a chain split on November 21st, which was quickly resolved by updating node software. Intersect will administer the funds, requiring approval from Delegated Representatives (DReps) and the Constitutional Committee.

While the treasury holds substantial ADA, some community members are scrutinizing the actual potential cost, suspecting it may exceed the requested amount. Despite this, institutional interest remains steady, with major holders accumulating ADA, viewing current price levels as strong support zones.

(Source：BeInCrypto)