The Cardano ecosystem is welcoming significant development opportunities. Recently, the Cardano community passed a network upgrade budget worth $71 million with a support rate of up to 74%. This funding will be gradually released over the next year, aiming to comprehensively enhance network performance and stimulate developers' enthusiasm for innovation.

The budget will be supported by the Cardano treasury, with plans to distribute approximately 96 million ADA tokens in batches, accounting for 13% of the total treasury funds. This decision highlights the community's confidence and support for the long-term development of Cardano.

Among the many upgrade plans, two projects are particularly noteworthy. First is the Hydra project, an ambitious second-layer scaling solution that promises to significantly enhance transaction speeds and reduce costs, bringing a more efficient performance experience to the Cardano network. Second, Project Acropolis aims to restructure the Cardano node architecture, not only simplifying the workflow for developers but also greatly lowering the threshold for their participation in ecological construction.

This series of measures reflects the Cardano community's firm commitment to technological innovation and ecological prosperity. By continuously investing in key infrastructure, Cardano is paving the way for future large-scale applications and adoption. As these projects gradually come to fruition, we have reason to expect that Cardano's competitiveness in the blockchain field will be further enhanced.

The passage of this budget not only marks a new chapter for the Cardano ecosystem but also demonstrates the efficient operation of decentralized governance models. Based on full respect for the community's wishes, Cardano is steadily moving towards a more innovative and user-friendly direction, contributing to the widespread application of blockchain technology.