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Cardano Foundation Advances Decentralized Governance With New ADA Delegations To 11 Community DReps

Cardano and its vibrant ecosystem are becoming more decentralized as several moves are consistently being made to improve the leading blockchain network. One of these efforts is clearly indicated by the steady expansion of ADA delegation to multiple community DReps across the sector.

More Cardano Delegation To DReps

In a bold and exciting move, the Cardano Foundation has taken another step forward toward deeper and robust decentralization. The Foundation’s goal for deeper decentralization is being carried by expanding its ADA delegation to about 11 community DReps, which strengthens on-chain governance and community participation.

The recent delegation activity was disclosed on Cexplorer, the biggest and most featured OG blockchain explorer, via the social media platform X. The action is in line with Cardano’s changing governance structure, where elected representatives hold a growing amount of decision-making authority instead of fundamental entities.

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As reported by the popular explorer, the Cardano Foundation has delegated over 220 million ADA to the 11 community DReps. By expanding its ADA delegation, the foundation is reaffirming its dedication to openness, diversity, and long-term network resilience, thereby making Cardano more decentralized.

These are the most crucial pillars in the move as the network persistently shifts toward a full community-driven ecosystem. According to the explorer, the Foundation has also self-delegated about 171 million ADA, moving it from an auto-abstain in order for all funds to actively participate in governance.

Delegation Operations Snags A Notable Supply

Following the move, the amount of ADA that has been utilized for delegation activity has increased sharply. A massive wave of ADA delegation signals a growing acceptance of on-chain governance across the broader Cardano ecosystem.

Cexplorer reported that the number has seen steady growth over the past several months. Current data shows that over 36.9% of circulating ADA has been delegated to Cardano DReps, which reflects mounting conviction in the network’s model.Β 

Furthermore, it is a sign that more participants are willing to play a crucial role in shaping the blockchain’s future. Thus, decision-making power is shifting from concentrated entities to community voices as more holders pledge their tokens to designated representatives.

When compared to the stake pool, the explorer data shows that roughly 56% of ADA in circulation is delegated to the area. In the meantime, for delegators to be able to take out their staking rewards, they are expected to delegate to a DRep.

After a recent voting operation, Cardano’s future direction is now quite clear. Over 700 community members and 200 DReps participated in the voting process to decide where the ecosystem should be by 2030.Β 

At the end, 67.80%, representing over 3.77 billion ADA, voted yes to the proposal that the network is moving in the right direction. Meanwhile, the rest, representing 491 million ADA, voted No to the proposal.

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Cardano Teams Up With Grant Thornton to Launch Comprehensive Financial Audit – Here’s What To Know

With the latest move and partnership from Cardano, the financial sector could be set for a major shift. A new financial audit has been launched from the recent partnership that aims at bolstering accountability in the broader finance landscape, which reflects the blockchain’s focus on transparency.

New Audit On Cardano To Boost Financial Oversight

Recently, the Cardano Foundation announced a new partnership with global professional services firm Grant Thornton as they step toward enhancing transparency and institutional credibility. By joining forces, both leading firms have collectively launched a new comprehensive financial audit.

The partnership was disclosed by the Cardano Foundation on their official page on the social media platform X. According to the Foundation, this audit is cryptographically secured and attested directly on-chain using their Virtual LEI (vLEI).

This new audit is being described as a global first for financial trust and transparency in the blockchain industry. Powered by Reeve, this new gold standard is the Cardano Foundation’s enterprise-grade financial data management solution.

By hiring one of the top audit firms in the world, the foundation is demonstrating its dedication to regulatory-ready standards and accountability, which are essential elements for drawing in long-term investors and enterprise adoption. In a world driven by data, trust, and verification, the Foundation claims that accountability is everything, and Cardano is at the forefront of this narrative.Β 

Frederik Gregaard, the Chief Executive Officer (CEO) of the Foundation, stated that this audit was executed in two on-chain transactions. β€œFor me personally, it closes one chapter and opens a much larger one. A future where financial trust is native to infrastructure, not bolted on through intermediaries,” the CEO added.

Institutions Are Choosing The Blockchain

Cardano’s position as a blockchain project focused on rigor and trust is evidenced by its growing adoption on the institutional level. A few days ago, one of the world’s largest companies, Google, took a bold step by investing in the blockchain’s infrastructure.

According to the report from ADA Advocate, the Google Cloud stake pool can now be found on the network and the newly launched Midnight chain. Google’s involvement and recognition of Cardano’s security and stability is a significant advancement in the use of blockchain technology by actual business behemoths.

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Amid the rising demand, the price of Cardano has begun to display bullish momentum, pushing back above $0.4. Market expert and veteran financial trader, Matthew Dixon, highlighted that ADA currently holds tremendous upside potential with 5 waves up from the low, as either an A wave or wave 1.

More than two times the potential is given by even the most cautious interpretation of an A wave, and much more if wave 1. As a result, the expert has placed the altcoin among his favorites for Q1 2026.

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