ExchangeDEX+

Buy Crypto Markets Spot FuturesGOLD Earn Event Center

The post Cardano’s Price and Usage Fall as Network Upgrades Fail to Impress: Report appeared first on Coinpedia Fintech News Crypto research platform Messari has published its State of Cardano Q2 2025 report, outlining the network’s progress in governance, DeFi, funding, and ecosystem growth. In June, Cardano held its first on-chain election to form a Constitutional Committee tasked with reviewing and approving governance changes. This marked a transition under the CIP-1694 model, moving governance from …The post Cardano’s Price and Usage Fall as Network Upgrades Fail to Impress: Report appeared first on Coinpedia Fintech News Crypto research platform Messari has published its State of Cardano Q2 2025 report, outlining the network’s progress in governance, DeFi, funding, and ecosystem growth. In June, Cardano held its first on-chain election to form a Constitutional Committee tasked with reviewing and approving governance changes. This marked a transition under the CIP-1694 model, moving governance from …

Cardano’s Price and Usage Fall as Network Upgrades Fail to Impress: Report

Author: CoinPedia

Source: CoinPedia

2025/10/01 20:36

2 min read

DEFI$0.00033+6.10%

FORM$0.2208+5.44%

The post Cardano’s Price and Usage Fall as Network Upgrades Fail to Impress: Report appeared first on Coinpedia Fintech News

Crypto research platform Messari has published its State of Cardano Q2 2025 report, outlining the network’s progress in governance, DeFi, funding, and ecosystem growth.

In June, Cardano held its first on-chain election to form a Constitutional Committee tasked with reviewing and approving governance changes. This marked a transition under the CIP-1694 model, moving governance from being developer-led to community-led.

The Intersect governance group approved a budget of 275.3 million ADA, managed directly on-chain. Millions of ADA were allocated to support new projects building within the Cardano ecosystem.

The report also mentioned the Midnight Network’s Glacier Drop airdrop, which distributed NIGHT tokens to 30 million wallets across eight blockchains. Additionally, the launch of Veridian and Reeve on the Cardano Foundation demonstrated the ongoing expansion of Cardano’s DeFi ecosystem.

Cardano’s Market Outlook in Q2 2025

The report summarized Cardano’s market outlook in Q2, which shows that despite all the efforts it put in, the asset still faced a major downturn.

According to the report, “Cardano’s usage declined in Q2 despite broader strength in crypto markets. ADA’s market cap fell 13% QoQ to $20.7 billion as its price decreased 14% to $0.57, underperforming the Layer-1 sector, which gained 16% over the same period. Quarterly fees dropped 45% to $724,600, and average daily transactions declined 36% to 31,200.”

Unlike Cardano’s ADA usage, its NFT sales increased by 5% QoQ (Quarter on Quarter) to 250 in Q2. During the period, the JPG.store remained Cardano’s top NFT marketplace in terms of transaction volume. It even became the fifth most popular Cardano protocol in Q2.

Market Opportunity

DeFi Price(DEFI)

$0.00033

$0.00033$0.00033

+4.76%

USD

DeFi (DEFI) Live Price Chart

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

Tags:

#DeFi #On-chain #NFT #Airdrop

The post Crypto News: Donald Trump-Aligned Fed Governor To Speed Up Fed Rate Cuts? appeared on BitcoinEthereumNews.com. In recent crypto news, Stephen Miran swore in as the latest Federal Reserve governor on September 16, 2025, slipping into the board’s last open spot right before the Federal Open Market Committee kicks off its two-day rate discussion. Traders are betting heavily on a 25-basis-point trim, which would bring the federal funds rate down to 4.00%-4.25%, based on CME FedWatch Tool figures from September 15, 2025. Miran, who’s been Trump’s top economic advisor and a supporter of his trade ideas, joins a seven-member board where just three governors come from Democratic picks, according to the Fed’s records updated that same day. Crypto News: Miran’s Background and Quick Path to Confirmation The Senate greenlit Miran on September 15, 2025, with a tight 48-47 vote, following his nomination on September 2, 2025, as per a recent crypto news update. His stint runs only until January 31, 2026, stepping in for Adriana D. Kugler, who stepped down in August 2025 for reasons not made public. Miran earned his economics Ph.D. from Harvard and worked at the Treasury back in Trump’s first go-around. Afterward, he moved to Hudson Bay Capital Management as an economist, then looped back to the White House in December 2024 to head the Council of Economic Advisers. There, he helped craft Trump’s “reciprocal tariffs” approach, aimed at fixing trade gaps with China and the EU. He wouldn’t quit his White House gig, which irked Senator Elizabeth Warren at the September 7, 2025, confirmation hearings. That limited time frame means Miran gets to cast a vote straight away at the FOMC session starting September 16, 2025. The full board now features Chair Jerome H. Powell (Trump pick, term ends 2026), Vice Chair Philip N. Jefferson (Biden, to 2036), and folks like Lisa D. Cook (Biden, to 2028) and Michael S. Barr…

BitcoinEthereumNews

2025/09/18 03:14

Korean Regulators Probe Bithumb After 620,000 Bitcoins Mistakenly Sent to Users

        Highlights:  Bithumb mistakenly sent 620,000 Bitcoins to 695 users during a promotion event. The exchange recovered 618,212 Bitcoins, covering almos

Coinstats

2026/02/07 19:18