Cardano Foundation Reports $659 Million Crypto Asset Value Amid Rising Prices, ADA Holdings at 77%
On July 10, the Cardano Foundation published a detailed report revealing a significant appreciation in its cryptocurrency portfolio, with asset values climbing from $478.24 million to $659.1 million. Bitcoin now constitutes approximately 15% of the foundation's crypto holdings, reflecting a strategi
On July 10, the Cardano Foundation published a detailed report revealing a significant appreciation in its cryptocurrency portfolio, with asset values climbing from $478.24 million to $659.1 million. Bitcoin now constitutes approximately 15% of the foundation’s crypto holdings, reflecting a strategic diversification, while the share of ADA has slightly declined from 83% to 77%. The foundation emphasized that its primary revenue stream remains staking rewards, generating a steady income. In 2024, the Cardano Foundation maintained a stake of 599.2 million ADA and accrued 17.1 million ADA in staking rewards, achieving a yield of 2.7%. This performance underscores the foundation’s commitment to leveraging staking as a sustainable financial mechanism within the evolving crypto market landscape.
Proposals Catalyst F14 - Cast your vote, search "Otavio" in the Voting App.
If you are you using your ADA to vote in Cardano’s Project Catalyst don’t forget to voice your vote. We would be excited if you can see, comment, share and vote for us. Tip: To find them its easiest to search for "Otavio"Vote for Us
