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🚨CARDANO ALLOCATES $71M FOR NETWORK UPGRADE The #Cardano community voted to allocate 96M $ADA to its core devs for a 12-month roadmap focused on scalability, dev tools, and interoperability. Not everyone’s thrilled — transparency & cost concerns were raised.🔥 https://t.co/xgtIq9ILeb
🚨UPDATE: SHARPLINK ADDS ANOTHER 15,822 $ETH TO ITS RESERVES, SPENDING NEARLY $54M
SharpLink adds $54M in $ETH, expanding holdings to $1.65B SharpLink added $54M in $ETH, lifting its holdings to 480,031 $ETH, about $1.65B. While momentum grows, analysts debate whether its stock is overvalued.
SharpLink Gaming, a publicly traded company, has continued to expand its Ethereum (ETH) holdings as part of its corporate treasury strategy. Over the past two days, the company acquired approximately 30,755 ETH, spending around $100 million in total. The latest purchase added 15,822.21 ETH valued at nearly $54 million, increasing SharpLink Gaming's Ethereum reserves to approximately 480,031 ETH, worth about $1.65 billion. This accumulation began in early June, with the company steadily buying ETH at an average price of around $3,530 per token. Meanwhile, in a separate development, the Cardano community approved a $71 million allocation for a network upgrade aimed at improving scalability, developer tools, and interoperability, though some concerns about transparency and costs have been noted.
