CARDANO GOVERNANCE VOTE PASSES — 71.99% APPROVAL CLEARS PATH FOR OUROBOROS LEIOS, ADA HOLDS $0.198
$ADA
governance vote to update the Constitutional Committee passed with 71.99% DRep and 56.22% SPO approval, unlocking the path toward Ouroboros Leios — the network's next scaling upgrade.
The Price Reality:
ADA trades at $0.198, down 1.5% in a day and over 6% this week, even after an 8.3% monthly gain. The selloff is primarily driven by macro factors — US-Iran conflict intensifying risk-off sentiment.
The On-Chain Concern:
· Daily transactions fell from 40,063 (Aug 21) to 18,893 (Aug 30) — a 53% drop
· Active addresses dropped from 34,833 to 15,077 over the same period
Why Hoskinson Is Bullish:
Charles Hoskinson posted: "$ADA is not out of the game. We're still in it to win it. RealFi, Pogun, Leios, governance. We just gotta finish what we started."
👇 Do you think ADA can recover to $0.25? Type YES or NO.
$ADA
governance vote to update the Constitutional Committee passed with 71.99% DRep and 56.22% SPO approval, unlocking the path toward Ouroboros Leios — the network's next scaling upgrade.
The Price Reality:
ADA trades at $0.198, down 1.5% in a day and over 6% this week, even after an 8.3% monthly gain. The selloff is primarily driven by macro factors — US-Iran conflict intensifying risk-off sentiment.
The On-Chain Concern:
· Daily transactions fell from 40,063 (Aug 21) to 18,893 (Aug 30) — a 53% drop
· Active addresses dropped from 34,833 to 15,077 over the same period
Why Hoskinson Is Bullish:
Charles Hoskinson posted: "$ADA is not out of the game. We're still in it to win it. RealFi, Pogun, Leios, governance. We just gotta finish what we started."
👇 Do you think ADA can recover to $0.25? Type YES or NO.