Cardano has delegated an additional 220 million ADA (worth nearly $80 million) to 11 community representatives, bringing its total delegated amount to approximately 360 million ADA. This is part of its governance decentralization strategy. Meanwhile, its privacy-focused sidechain Midnight has established a new partnership with AlphaTON Capital, aiming to bring privacy-first AI products to Telegram user groups. Despite these developments, ADA's price remains under pressure, trading close to $0.36, but the accumulation of over 200 million ADA by whales indicates market confidence.
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Cardano has delegated an additional 220 million ADA (worth nearly $80 million) to 11 community representatives, bringing its total delegated amount to approximately 360 million ADA. This is part of its governance decentralization strategy. Meanwhile, its privacy-focused sidechain Midnight has established a new partnership with AlphaTON Capital, aiming to bring privacy-first AI products to Telegram user groups. Despite these developments, ADA's price remains under pressure, trading close to $0.36, but the accumulation of over 200 million ADA by whales indicates market confidence.