Written by Thomas van Welsenes on 08 June 2025. Placed in Cardano (Ada) News.
Cardano (ADA) has big improvement plans For the network, it is clear from the newly published Budget Info Action (BIA). The plan is a kind of route map full of proposals that may be eligible for financing. In total it concerns 39 plans selected by so -called Dreps, or Delegated Representatives, and who all show where the community sees opportunities and points for improvement.
Cardano focuses on faster transactions and smarter governance
It is striking that almost half of the proposals focus on improving the performance of the protocol itself. Consider further development of projects such as Hydra and Mithril, which ensure faster transactions. Not surprising, the ADA Community would like the Altcoin platform to be competitive with other smart contract networks such as Solana (SOL) in Ethereum (ETH). There is also a lot of attention in the field of governance. Plans also emerged from the BIA in which the decision -making of the Cardano network should be more democratic and smarter.
For developers, considerable improvements are also proposed, with new programming languages such as Plutarch, improved APIS and various programming tools. In addition, there are plans to increase safety with, among other things, better hardware wallets. Budget proposals for education and marketing are also discussed. Think of Cardano spaces on tech fairs and stronger marketing around events.
The proposals are still advisory for now. Ada holders have 30 days to give their voice or feedback. If there is enough support, an official on-chain mood follows where a super majority is needed for approval. This way of voting is part of the new Governance system of the network and is a true “stress test” for how the ADA community (and the blockchain network) deal with this.
Hoskinson: Cardano becomes a bridge between Bitcoin and Defi
Cardano founder Charles Hoskinson is clearly positive about the future of Ada. In particular the rise of Bitcoin (BTC) Decentralized Finance (Defi) Functionalities. The progressive technology, which is supported by the Cardano network, suddenly has a large market of users access to Defi applications. In one recent interview He called Cardano “the junction” of two major trends, including the largely unexplored Defi market on Bitcoin. According to him, this market is four times the size of the entire market value of Solana.
BREAKING NEWS:
BITCOIN DEFI IS 4x BIGGER THAN SOLANA AND ETHEREUM COMBINED 😱😱🔥🔥@Iohk_chadles says “Cardano is at the nexus of Bitcoin DeFi and the DeFi opportunity surrounding #Bitcoin is about four times larger than the entire market cap of #Solana and #Ethereum combined.… pic.twitter.com/bkGJieGBOC
– Mintern (@minswapinter) June 7, 2025
Although Defi currently mainly flourishes on Ethereum and Solana, Hoskinson wants Cardano to play a leading role in developing Bitcoin Defi. This is also one of his three main goals for 2025.
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