Cardano DRep Dave: 87 Million ADA Spending Cut

Cardano DRep @ItsDave_ADA released his full 2026 voting record via the DAVEGov platform he built, showing support for spending equal to roughly 60% of the current Net Change Limit while ranking 20th by voting power.

He committed to 87 million ADA less than the same point in 2025, aligning priorities around decentralisation, scalability, interoperability, sustainable growth and long-term ecosystem resilience that have shaped Cardano governance over the past year.

ADA price sits at $0.16 with EMA50 and EMA200 both acting as concrete support at that level; the neutral RSI at 55.35 and MACD golden cross keep momentum constructive while price remains inside the Bollinger band, eyeing upper resistance at $0.17 before any extension higher.