According to @ItsDave_ADA, a major Cardano stakeholder with 25.24 million ADA voting power, the 2025 Cardano Blockchain Ecosystem Budget proposal—allocating 7.5M ADA for community builders—was met with a NO vote. While supporting key initiatives like Midgard and Starstream, the voter expressed concerns over the overall budget structure (source: @ItsDave_ADA, June 8, 2025). This significant opposition from large ADA holders may influence short-term ADA price volatility and signal increased scrutiny on Cardano governance, impacting trader sentiment and liquidity in ADA trading pairs.

According to @ItsDave_ADA, a key Cardano community voter with 25.40 million ADA voting power, the governance proposal to set a 300 million ADA Net Change Limit (NCL) for epochs 563 to 635 has faced significant opposition. Dave previously supported a 200 million ADA NCL but voted NO on the 300 million ADA limit, signaling potential resistance from large ADA holders to increased supply flexibility (Source: @ItsDave_ADA on Twitter, June 8, 2025). For traders, this highlights ongoing governance debates that could impact ADA supply dynamics and price volatility, making it a critical point to monitor for short-term trading strategies.