Cardano Price Jumps on Treasury Funding Talks and Fee Cut Plans
Cardano's ADA price jumped 6.1% to $0.2333 in a day, with market cap sitting at $8.757B and 24-hour trading volume reaching $488.363M.
The price rally comes on the back of two major updates: discussions around treasury funding allocation for 2027 and a plan to cut the minPoolCost fee from 170 ADA to 75 ADA.
On September 21, Cardano's official X post announced a Roundtable Talk on 'Treasury Funding Allocation - The Case for Reform', which will explore how the treasury should be structured for 2027 and beyond. Key questions include whether funding should split into defined domains and what role accountability and measurable outcomes should play.
Between Epochs 557 (May 9, 2025) and 656 (September 16, 2026), the treasury shrank by 22.37% or $391,881,078 in value.