Cardano: 71.79M ADA Backs Intersect Treasury Vote

Cardano delegate @ItsDave_ADA cast a 71.79 million ADA YES vote for the Intersect treasury withdrawal focused on governance coordination and technical stewardship.

The rationale highlights proactive security investments to harden infrastructure against attacks rather than just reacting to them, citing improved operational efficiency under Jack's leadership over the past year.

Price action on the 4h chart shows ADA at $0.17 testing the upper Bollinger Band resistance at $0.18 while the RSI sits neutral at 60.56 and the MACD registers a bullish golden cross; with both the EMA50 and EMA200 anchored at $0.17, any rejection at the band likely funnels the token back to that confluence zone before the next leg higher.