Cardano and Draper Dragon have launched an $80 million Orion Fund, with the money primarily going to Cardano-native and integrated projects, focusing on RWA and institutional-grade DeFi. This move carries more weight than simply “calling out” about the ecosystem; it at least shows that funding and direction have already been laid out. Next, the market will watch TVL, on-chain activity, and how quickly projects are delivered. Whether this line—$ADA —can strengthen or not will depend on these hard metrics.

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