Cardano’s member group Intersect opened its Board election today at 12:00 UTC, with voting running through September 26. An independent audit concludes September 29, and results post September 30. Committee elections follow in October.
Intersect Board elections
The ballot is live for eligible Intersect members until September 26, 12:00 UTC. Intersect directs voters to its dashboard and provides a short tutorial for casting ballots.
This cycle expands elected seats from two to four, creating the first member-elected majority on the seven-seat Board. The change marks a shift toward wider community representation inside the governance structure.
Intersect’s calendar shows candidate applications closed on September 12. The committee cycle opens in October on a separate schedule, with its own eligibility checks, voting window, and audit before results in early November.
Catalyst Fund 14 enters final checks
Project Catalyst remains in Community Review and Quality Control until September 17 at 06:00 UTC. The voting-power snapshot took place on September 11 at 21:45 UTC.
Community voting runs from September 22 to October 6. Program materials and help docs direct voters to the rules and ballot mechanics ahead of the window.
Meanwhile, The Cardano Foundation will vote from a single wallet of ~20 million ADA and limit its Fund 14 participation to the “Cardano Use Cases: Partners & Products” track. The move concentrates its role while leaving other tracks to community judgment.
In parallel, the Foundation launched a Catalyst Representative pilot that convenes expert roundtables and publishes non-binding recommendations during the September 22–October 6 window. It will not cast votes in categories covered by the pilot.
Developers advance Leios, KES, and Mithril
Core engineering notes highlight progress on the first public draft of the Leios improvement proposal, integration and audit of a KES agent, and LSM-tree storage work. Teams also prepared packages toward cardano-node v10.6.
The Mithril team updated its DMQ protocol specification, refined message structures and a local notification mini-protocol, and prepared a “2537” pre-release. Work on a proving circuit for Mithril certificates continued alongside test improvements.
Yoroi Extension v5.13.0 shipped with UX improvements for Midnight claims and localization updates. Project trackers list the build in this week’s roundup.
Separately, the Midnight Foundation partnered with Webisoft to develop a privacy-preserving dark-pool trading venue aimed at institutional users on Midnight.
Ali Martinez said on X that Cardano’s next “key targets” sit at $1.15 and $1.25, sharing a daily chart that maps those levels as overhead resistance. The ADA/USD chart shows ADA reclaiming a mid-range pivot around the $0.84–$0.86 band and pushing into a zone where supply capped rallies earlier this year. The post frames $1.15 as the first test, with $1.25 above as the next shelf.
Moreover, the chart outlines a sequence of higher lows since July and a clean break back above the midline of a broader range that stretches from roughly $0.50 up to the low $1s. That structure places the focus on whether buyers can sustain momentum into the $1.15 area, where prior wicks and closes clustered. A firm acceptance there would put the upper band near $1.25 in view.
However, the same graphic marks support near the reclaimed pivot around $0.84–$0.86. If price loses that level, the setup would revert to range behavior with intermediate support closer to $0.78 and the base near $0.50. In short, Martinez’s map highlights two stacked resistance shelves overhead, a defended pivot below, and a market leaning on trend continuation while those supports hold.
Cardano’s daily MACD crossed above its signal line in mid-September, pushing the histogram back above zero for the first time this month. The indicator reads roughly 0.014 versus a ~0.010 signal, leaving a modest spread that favors improving momentum. The flip follows a weakening downswing that kept the histogram negative through late August and early September.
Moreover, the chart shows higher MACD lows throughout September, signaling fading downside before the crossover. Histogram bars transitioned from deep red to pink and then to green, indicating a stepwise recovery rather than a single spike. That pattern often precedes steadier advances as long as the histogram continues to build.
However, the current impulse remains smaller than July’s momentum burst, when MACD expanded sharply and printed the year’s tallest green bars. Therefore, confirmation now hinges on sustained closes with the histogram above zero and a widening gap between MACD and signal. A quick roll back below the signal would instead reset conditions to range behavior, similar to brief flips seen in April and June.
Cardano daily RSI edges back to neutral
Cardano’s 14-day RSI sits near 50 while the RSI moving average hovers around 53, placing momentum in a neutral zone after a multiweek recovery. The gauge has flipped back above the midpoint but remains below its own average, which signals stabilization rather than trend strength.
Earlier in the quarter, momentum swung from late-June oversold readings near 30 to a July spike above 80, then faded through August. Now, the indicator shows higher troughs into September, consistent with easing downside pressure and a grind back toward equilibrium.
From here, sustained closes with RSI holding above 50 and pressing into the 55–60 band would indicate strengthening momentum. Conversely, slipping back under ~47 would point to fading impulse and a return to range-like conditions on this timeframe.