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

2025/10/01 20:36
2 min read
Cardano Price

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 Logo
DeFi Price(DEFI)
$0.000327
$0.000327$0.000327
+3.80%
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 service@support.mexc.com 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.

You May Also Like

BFX Presale Raises $7.5M as Solana Holds $243 and Avalanche Eyes $1B Treasury — Best Cryptos to Buy in 2025

BFX Presale Raises $7.5M as Solana Holds $243 and Avalanche Eyes $1B Treasury — Best Cryptos to Buy in 2025

BFX presale hits $7.5M with tokens at $0.024 and 30% bonus code BLOCK30, while Solana holds $243 and Avalanche builds a $1B treasury to attract institutions.
Share
Blockchainreporter2025/09/18 01:07
Weekly Highlights | Gold, US Stocks, and Cryptocurrencies All Fall; Walsh and Epstein are the Celebrities of the Week.

Weekly Highlights | Gold, US Stocks, and Cryptocurrencies All Fall; Walsh and Epstein are the Celebrities of the Week.

PANews Editor's Note: PANews has selected the best content of the week to help you catch up on anything you might have missed over the weekend. Click on the title
Share
PANews2026/02/07 09:30
Michael Saylor Pushes Digital Capital Narrative At Bitcoin Treasuries Unconference

Michael Saylor Pushes Digital Capital Narrative At Bitcoin Treasuries Unconference

The post Michael Saylor Pushes Digital Capital Narrative At Bitcoin Treasuries Unconference appeared on BitcoinEthereumNews.com. The suitcoiners are in town.  From a low-key, circular podium in the middle of a lavish New York City event hall, Strategy executive chairman Michael Saylor took the mic and opened the Bitcoin Treasuries Unconference event. He joked awkwardly about the orange ties, dresses, caps and other merch to the (mostly male) audience of who’s-who in the bitcoin treasury company world.  Once he got onto the regular beat, it was much of the same: calm and relaxed, speaking freely and with confidence, his keynote was heavy on the metaphors and larger historical stories. Treasury companies are like Rockefeller’s Standard Oil in its early years, Michael Saylor said: We’ve just discovered crude oil and now we’re making sense of the myriad ways in which we can use it — the automobile revolution and jet fuel is still well ahead of us.  Established, trillion-dollar companies not using AI because of “security concerns” make them slow and stupid — just like companies and individuals rejecting digital assets now make them poor and weak.  “I’d like to think that we understood our business five years ago; we didn’t.”  We went from a defensive investment into bitcoin, Saylor said, to opportunistic, to strategic, and finally transformational; “only then did we realize that we were different.” Michael Saylor: You Come Into My Financial History House?! Jokes aside, Michael Saylor is very welcome to the warm waters of our financial past. He acquitted himself honorably by invoking the British Consol — though mispronouncing it, and misdating it to the 1780s; Pelham’s consolidation of debts happened in the 1750s and perpetual government debt existed well before then — and comparing it to the gold standard and the future of bitcoin. He’s right that Strategy’s STRC product in many ways imitates the consols; irredeemable, perpetual debt, issued at par, with…
Share
BitcoinEthereumNews2025/09/18 02:12