Cardano Foundation Launches Latin America Lab as ADA Holds $0.2666 on May 7

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According to Brave New Coin, on May 7, 2026, the Cardano Foundation launched its first Project Development Lab in Latin America through a partnership with the University of Brasília, focusing on blockchain, AI, IoT, and digital identity solutions for Brazil's public sector. ADA is trading at $0.2666 with 24-hour volume above $631 million, while Cardano holders have surpassed 4.5 million according to Token Terminal data.
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