Latest Update
7/22/2026 8:51:00 PM

Cardano: Dave Votes 71.39M ADA for TxPipe UTxO RPC

Cardano: Dave Votes 71.39M ADA for TxPipe UTxO RPC

Cardano receives 71.39 million ADA yes vote from Dave on UTxO RPC treasury withdrawal by TxPipe, reinforcing multi-language integration standards at $0.17 price.

Source

Analysis

Cardano governance advanced as @ItsDave_ADA cast a 71.39 million ADA yes vote on the Year 2 treasury withdrawal for UTxO RPC by TxPipe, formally crediting the team’s work across Rust, Go, Node.js, .NET, Haskell and Python despite prior ratification.

With ADA holding at $0.17 inside a bullish structure where both EMA50 and EMA200 sit at $0.17, the neutral RSI(14) of 57.77 and MACD golden cross point to steady momentum while price tests the upper Bollinger band at $0.18 against lower support at $0.16, suggesting any extension toward the resistance may first require a measured pullback to the 50-EMA confluence before continuation. Cardano treasury withdrawal proposals and multi-language blockchain integration remain key drivers for long-term ecosystem resilience.


Dave

@ItsDave_ADA

Cardano ecosystem contributor operating the DAVE Stake Pool and serving as a DRep in network governance.