Cardano: Delegate Casts 71.38M ADA Vote for Strike

Cardano delegate @ItsDave_ADA cast a 71.38 million ADA yes vote on the Strike Finance V2 Treasury Deployment Proposal, citing the need for productive returns amid scarce yield options and the global growth of the perpetuals market.

Price action on the 4h chart shows ADA trading at $0.16 inside the Bollinger Bands with EMA50 at $0.16 acting as immediate support and EMA200 at $0.17 as resistance; the MACD death cross keeps the structure bearish while RSI at 44.17 offers neutral momentum, suggesting any push toward the upper band at $0.17 will likely meet selling before a retest of the 50-EMA floor. ADA governance voting records and Strike Finance deployment updates continue to shape institutional positioning in the Cardano ecosystem.