Cardano's (CRYPTO: ADA) community voted down funding for the Cardano Summit 2026, with the proposal falling short of the required two-thirds supermajority and sending ADA down 3%. Proposal Got 65% Support But Needed 66.67% To Pass The Cardano Foundation proposed a two-day summit in Singapore on October 5-6, seeking 7.8 million ADA worth roughly $2 million from the network treasury.