Cardano: 71.45M ADA Backs Eternl Treasury Request

Cardano delegate @ItsDave_ADA cast a YES vote using 71.45 million ADA on the Eternl Path to Sustainability treasury withdrawal for 2026-2027, citing daily wallet usage, developer tools, best-in-class hardware support and governance interface as decisive factors.

Price action on the 4h chart shows ADA trading at $0.17 exactly on the EMA50 support with the EMA200 resistance at $0.2, while the MACD death cross keeps the structure bearish and RSI at 39.14 stays neutral inside the Bollinger band bounded by $0.16 support and $0.19 resistance; this confluence suggests any ADA price prediction must first clear the upper band before testing higher levels, even as broader crypto market crash fears and AI industry impact on blockchain tooling remain secondary to on-chain governance flows.