Cardano Allocates Over $70M for Network Upgrades and Development

TL;DR Summary
Cardano has approved a $70 million grant to IOE for major network upgrades, which, along with rising development activity and key support levels, could lead to a significant price increase for ADA if it breaks above $0.74.
- Cardano bets $70 mln on its future: Will ADA be next to explode? AMBCrypto
- Cardano Community Approves $70M Core Dev Budget, Boosting ADA Prospects CoinDesk
- Cardano community approves $71M treasury spend for network upgrades Cointelegraph
- Cardano’s $71 Million Community Fund: A New Approach to Crypto Treasury Management OneSafe
- Cardano Community Funds Core Upgrades In Historic Vote Bitcoinist.com
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