Precio de Open Custody ProtocolOPEN

Hope is lost, but energy is conserved. The space is in disorder. Token distributions are now a mess. Our resilience towards long-term development can only solve this. To restore value, I am employing the Thermodynamics law. Open below to learn more. 🧵

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Cardano stands at a critical juncture, with governance evolving from decentralized decision-making toward a structured constitution. A widening divide threatens stability as the ecosystem moves closer to community-led control. Long-standing tensions between the Cardano Foundation and Input Output have escalated amid intense budget negotiations for 2025. A major flashpoint emerged when the Cardano Foundation proposed a 44% reduction in Input Output’s funding, slashing the allocation from 69.8 million ADA to 38.8 million ADA. The 31 million ADA cut directly affects core development, technical steering, and open-source initiatives, triggering widespread opposition within the community. Budget discussions, launched in October 2024 under Intersect’s oversight, took a pivotal turn in February 2025 when a draft proposal surfaced. As negotiations extend into May, the unexpected funding reduction has fueled heated debate over network priorities. The proposed funding reduction has sparked significant concern. Many emphasize the importance of open-source libraries and core protocols as fundamental components of Cardano’s development. A prominent community member expressed strong opposition, stating that the initiative appears to weaken IOG. He said : To me this proposal looks like CF is trying to undermine IOG. Makes no sense to cut on research and engineering as this is one of our USPs. Cardano’s founder, Charles Hoskinson, fueled the discussion further by endorsing this viewpoint with a GIF, which said, “This guy gets it.” His reaction encapsulated the growing frustration within the Cardano ecosystem, where fears of stifling innovation and undercutting development efforts have taken center stage. Beyond online discussions, skepticism has grown regarding the motivations driving the budget cuts. Critics question whether financial necessity dictates the decision or if it signals an attempt to reshape power structures within the ecosystem. Some speculate that heightened scrutiny over the Swiss government’s influence on the Cardano Foundation could be influencing the organization’s assertive stance. Despite the backlash, the Cardano Foundation insists that the proposed cuts are rooted in financial prudence rather than malice. Governance Lead Nicolas Cerny pushed back against accusations, stating : There was a call for feedback, which we answered and diligently reviewed all the budget line items of the various proposals. It is my opinion that as an active participant in the governance space on Cardano the CF has an obligation to provide input. A detailed spreadsheet reveals that the foundation cited issues like item duplication and lack of transparency as justifications for the reductions. However, these explanations have done little to quell the community’s frustration, with many questioning whether slashing development funding aligns with Cardano’s long-term vision. Cerny encouraged greater adoption of Cardano’s open-source tools, stressing the importance of long-term self-sufficiency. He argued that perpetual reliance on treasury subsidies for development and maintenance raises concerns about sustainability.

U.S. stock markets open higher U.S. stock markets have opened higher today. S&P 500: +0.77% NASDAQ: +1.21% Dow: +0.6%

The price of Dogecoin is demonstrating powerful upward momentum, which brought it to the $0.172 level after increasing 5.7%. DOGE has pushed through its essential support level and now shows potential for additional price appreciation. Crypto analysts anticipate the price will reach $3 if support levels maintain their current position, which would represent a major recovery for the meme coin. The analyst Ali Martinez found that Dogecoin continues to stay inside an essential price range. A steady price increase for DOGE will become possible if support levels stay stable. The stock RSI triggered two major price uptrends for Dogecoin according to Martinez because of its bullish crossovers which respectively resulted in 88% gains during October 2023 and another 187% increase in February 2024. Another robust price movement seems possible because the stock RSI indicates it will generate a bullish crossover point. Dogecoin network continues to expand rapidly throughout its operation period. During the last month new DOGE addresses increased by 100% from 16,400 to 34,600. The growing market adoption strengthens Dogecoin’s ecosystem and enhances its potential to grow in the long term. The open interest for DOGE futures markets has risen by 4.5% to $1.40 billion while the 24-hour total liquidations exceeded $7.24 million. The growing number of market participants demonstrates that investors strongly believe Dogecoin has strong upward potential. Tardigrade identified a past pattern which indicates Dogecoin could break out according to analyses. The price initially drops down before consolidating its position while RSI readings stay in a region of extreme price weakness. Bullish market sentiment will strengthen as Dogecoin might experience another major uptrend event based on existing patterns. The investment management firm Bitwise continues its evaluation of launching an ETF that would include Dogecoin as an index component. An approved Dogecoin ETF would establish an opportunity for large institutional capital, amounting to new investments which would hasten its market rise. DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.