PYTH

Pyth Network

Cardano is ending 2025 on a high note after approving the “Critical Integrations Budget Info Action” proposal decisively, a move EMURGO described as essential for funding and implementing priority ecosystem integrations. In a statement on X , EMURGO confirmed the proposal passed with strong backing, securing approval from six of seven Constitutional Committee members and over 85% of DRep support. The organisation has emphasised that the approval now paves the way for the next phase: the Treasury Withdrawal Action, which would move the proposal from planning to on-chain execution. “The BIA [Budget Info Action] is complete, and attention now shifts to the Treasury Withdrawal Action,” EMURGO wrote. “This next step requires continued review and support from both the CC and DReps to transition intent into execution.” A key step in post-Voltaire governance The approval marks a critical stage in Cardano’s post-Voltaire governance framework. While the Budget Info Action aligns stakeholders on the scope and direction of initiatives, the Treasury Withdrawal Action triggers actual fund allocation, drawing heightened scrutiny from the community as intentions become tangible expenditures. EMURGO highlighted that the governance process is already producing tangible results through the “Critical Integrations framework,” which coordinates efforts across the so-called “Pentad” of Cardano stakeholders: Input Output (IOG), the Cardano Foundation, EMURGO, Intersect, and the Midnight Foundation. Pyth Network and Dune integrations In addition to approving the integrations budget, two integrations have also been confirmed. The first is the Pyth Network integration, which will provide real-time, institutional-grade market data to Cardano, enabling DeFi applications such as lending, derivatives, stablecoins, and on-chain risk management. According to EMURGO, reliable oracle data remains a crucial enabler for more complex on-chain markets. The second is the Dune integration, which will integrate Cardano data into a widely-used analytics platform, simplifying the monitoring, comparison, and development of on-chain activity. For developers and funds accustomed to cross-chain analytics tools, this integration reduces the need for custom infrastructure and streamlines access to actionable insights. What does the integrations budget approval mean going into 2026 While the news has done little to lift the price of Cardano’s native token, ADA, which is down 60% in a year , EMURGO framed the approval as a sign of growing governance maturity and ecosystem cohesion, thanking Constitutional Committee members and DReps for participation, even during the holiday period. The organisation has emphasised that the approval sets the stage for 2026, describing the ecosystem as “stronger, more capable, and ready to support the next phase of growth with these critical integrations in place.” The near-term focus will be on whether the Treasury Withdrawal Action maintains similar levels of support as the conversation shifts from approval to actual treasury spending, an important test of both consensus and commitment to executing on the ecosystem’s priorities. The post Cardano approves budget for priority integrations ahead of 2026 appeared first on Invezz