ExchangeDEX+

Buy Crypto Markets Spot Futures500X Earn Events

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

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)

$0.000582

$0.000582$0.000582

-1.85%

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.

The post CME Group to launch Solana and XRP futures options in October appeared on BitcoinEthereumNews.com. CME Group is preparing to launch options on SOL and XRP futures next month, giving traders new ways to manage exposure to the two assets. The contracts are set to go live on October 13, pending regulatory approval, and will come in both standard and micro sizes with expiries offered daily, monthly and quarterly. The new listings mark a major step for CME, which first brought bitcoin futures to market in 2017 and added ether contracts in 2021. Solana and XRP futures have quickly gained traction since their debut earlier this year. CME says more than 540,000 Solana contracts (worth about $22.3 billion), and 370,000 XRP contracts (worth $16.2 billion), have already been traded. Both products hit record trading activity and open interest in August. Market makers including Cumberland and FalconX plan to support the new contracts, arguing that institutional investors want hedging tools beyond bitcoin and ether. CME’s move also highlights the growing demand for regulated ways to access a broader set of digital assets. The launch, which still needs the green light from regulators, follows the end of XRP’s years-long legal fight with the US Securities and Exchange Commission. A federal court ruling in 2023 found that institutional sales of XRP violated securities laws, but programmatic exchange sales did not. The case officially closed in August 2025 after Ripple agreed to pay a $125 million fine, removing one of the biggest uncertainties hanging over the token. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/cme-group-solana-xrp-futures

BitcoinEthereumNews

2025/09/17 23:55

SEC flags Bitcoin miner hosting services as subject to securities laws

                                                                               In a lawsuit, the SEC says some hosted Bitcoin mining services could trigger

Coinstats

2025/12/19 11:23