Project Catalyst restarts in August, and the Prime proposal will bring 12 million ADA. Cardano’s DeFi ecosystem development is clearly speeding up—there’s plenty of funding and ammunition. Now it remains to be seen whether the project teams can deliver a breakout hit.

PRIME-3.33%
ADA0.54%
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CoinNetwork
CoinWorld News: The Cardano ecosystem has seen several major developments over the past week, including the official launch of the Leios public testnet on June 23. This protocol is regarded as one of the most important technological milestones for the Cardano network in years. This upgrade is expected to increase Cardano’s transaction throughput to 65 times. The mainnet hard fork is planned for November 2026. In addition, Cardano’s community funding initiative, Project Catalyst, will restart in August, providing a grant pool of 2 million ADA, aiming to support projects centered on new technologies. Meanwhile, Alphagrowth has introduced a proposal called Prime, planning to request 12 million ADA to accelerate the adoption of Cardano’s decentralized finance (DeFi).
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