The Cardano ecosystem has recorded some main developments over the previous week. Most notably, the launch of the Leios public testnet led the exercise. There have been additionally upcoming decentralized finance (DeFi) initiatives, new ecosystem funding, and application-level safety incidents involving the SecondFi pockets.
This is what occurred within the Cardano ecosystem final week.
Leios public testnet goes stay
Cardano formally launched the general public testnet of its next-generation scaling protocol, Leios, on June twenty third. The testnet, named “Musashi Dojo” after the legendary samurai warrior Miyamoto Musashi, marks one of many community’s most high-profile technical milestones in recent times. Moreover, this improve is believed to considerably improve Cardano’s transaction throughput by as much as 65x. The mainnet laborious fork is focused for November 2026.
Musashi Dojo is at present broadcasting stay! The Leios public testnet will be discovered right here.
A giant thanks to the Leios staff at IO and our collaborators @Cardano_CF, @IntersectMBO, and @blinklabs_io for making this potential. This was actually a collective effort.
Come discover. Let’s check it. Please break it. https://t.co/EI6nlxHqYF… pic.twitter.com/AD21vZ2Hv7— Enter/Output Group (@IOGroup) June 23, 2026
The rollout consists of 5 phases: Earth, Water, Hearth, Wind, and Void. These check protocols step-by-step, from preliminary design validation to adversarial testing previous to mainnet deployment. In consequence, the testnet will allow stake pool operators (SPOs) to deploy Leios-enabled block producers. Builders can even begin testing their decentralized purposes (DApps), wallets, and infrastructure earlier than upgrading.
RealFi Testnet to be launched in July
Enter Output International (IOG) additionally introduced that Part 1 of its RealFi testnet will launch on July sixth.
The mission goals to enhance capital effectivity by permitting stablecoins to generate revenue as a substitute of remaining idle. This initiative represents IOG’s newest effort to develop decentralized finance (DeFi) use instances throughout the Cardano ecosystem.
Huge information: RealFi Part 1 testnet goes stay on July sixth. 🚀
That is our first public step towards a next-generation stablecoin infrastructure on Cardano and is a direct response to the next points we have now been vocal about:
Cryptocurrency’s most blatant success tales are those who scale as a lot as cash. However that is not the case… pic.twitter.com/uQe68ds6iM
— RealFi (@realfi_co) June 24, 2026
Undertaking Catalyst returns with 2 million. $ADA
Undertaking Catalyst, Cardano’s group funding program, returns in August with $2 million $ADA Grant pool.
New Catalyst Pilot Fund will launch in August 2026 with complete grant funding of two million $ADA.
We sit up for working with the group and supporting Cardano builders. Extra particulars can be offered quickly.
Learn the discussion board announcement and share your ideas. https://t.co/MbM7xZ7IKc
— Undertaking Catalyst (@Catalyst_onX) June 26, 2026
Future funding rounds will prioritize initiatives constructed round applied sciences corresponding to Pyth, Brale, stablecoins, programmable tokens, and on-chain identities. This offers new capital to builders and ecosystem builders.
AlphaGrowth proposes Treasury-funded DeFi initiative
In the meantime, AlphaGrowth introduced PRIME, a visionary proposition to speed up DeFi adoption on Cardano.
1/11
Cardano DeFi is prepared for prime time.
As we speak I want to introduce PRIME.
This can be a 12-month program run by AlphaGrowth to assist Cardano appeal to liquidity, deepen DeFi adoption, and turn into a premier capital vacation spot. pic.twitter.com/nJ11h3jQWr
— alphagrowth (@alphagrowth1) June 22, 2026
The corporate plans to ask for $120 million. $ADA We are going to increase funds from the Cardano Treasury to fund this effort. We additionally showcase our earlier work with main blockchain ecosystems corresponding to Compound, Uniswap, and Arbitrum. Particularly, it has contributed to supporting greater than $1 billion in Complete Worth Locked (TVL).
Safety Reminders with SecondFi Exploit Prompts
The week additionally noticed a safety incident involving SecondFi, previously often known as Yoroi Pockets. It’s reported that roughly 16 million gadgets had been stolen because of the vulnerability. $ADA.
SecondFi mentioned it could totally compensate affected customers and inspired customers to observe updates via its official channels.
Replace https://t.co/23F2M0YrUp
— Charles Hoskinson (@IOHK_Charles) June 24, 2026
Cardano founder Charles Hoskinson addressed the issues and pressured that the blockchain itself has not been compromised. He mentioned Cardano’s protocol, encryption, and core infrastructure stay safe.
He defined that the exploit will not be a network-wide vulnerability, however slightly an remoted situation on the software degree.
Cardano’s native token $ADA Regardless of a collection of ecosystem developments, the inventory fell by 0.8% up to now 24 hours to commerce at $0.1439.
