ADA rises 4% as Cardano governance renewal clears key voting thresholds
Cardano’s native token ADA climbed nearly 4% in the past 24 hours, moving back above $0.20 to trade around $0.206. The rally comes after crucial governance developments and increased buying activity helped push the token higher. Cardano recently completed its Constitutional Committee renewal, successfully passing the required voting thresholds before the September 1 deadline. Delegated representatives supported the renewal at 69.36%, exceeding the 67% requirement, while stake pool operators reached 51.18%, just above the 51% threshold.