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Cardano’s Project Catalyst has selected 12 projects from 117 applications for its 2026 pilot funding program, which has a grant pool of 2 million $ADA and ties most payments to actual network usage. According to a September 24 announcement, the selections were the program’s first since October 2025 and followed a review process involving community curators and technical and business experts. The selected projects cover stablecoin payments, decentralized finance, tokenized assets, healthcare, and supply chain tracking. Each team must demonstrate measurable adoption of its proposed integration to qualify for the full grant. Project Catalyst has funded more than 2,000 proposals since its launch. The latest pilot follows the Cardano Foundation’s takeover of the program earlier this year and introduces a funding model that rewards projects based on their use after deployment. Cardano Catalyst grants will depend on network activity Under the new funding structure, selected teams will receive 40% of their approved grant after completing onboarding. Another 40% is tied to adoption targets, while the remaining 20% depends on sustained activity after the initial adoption period. The final payment will be assessed around two months after the adoption window closes. Three projects with the strongest performance can qualify for bonuses of up to 50% of their grants. According to the program’s original funding announcement, the Cardano Foundation established the pilot with 2 million ADA to support applications using recently introduced ecosystem tools. The August application round offered grants ranging from 50,000 ADA to 200,000 ADA per project. Eligible proposals needed to integrate stablecoins, Pyth price feeds, programmable tokens, or blockchain identity systems into existing products. Unlike previous funding rounds, the pilot does not rely on a public vote by ADA holders. Community experts and a specialist decision panel instead assess applications before selecting recipients. The program measures adoption through qualifying Cardano network fees generated by external users. Results will be published on a public dashboard under its Proof of Adoption standard. Selected teams have up to three months to launch their integrations on Cardano mainnet and demonstrate the products at Demo Day. Funding remains conditional on completing onboarding, meaning selection does not guarantee an immediate payment of the entire approved grant. Stablecoin payments and lending among selected Cardano projects Several of the approved projects focus on making Cardano stablecoins usable for payments and financial services. SyncAI’s anyqr proposal would let Cardano wallet holders pay merchants through local QR codes in 10 countries using USDCx. Participating businesses would receive payments in their local currencies. PagFinance was selected for a separate payment integration involving Brazilian reais. Its proposed service would convert ADA or USDCx into reais through Brazil’s PIX payment network, with settlement tools for businesses. Cexplorer’s Pay project focuses on merchant checkout services. Businesses would be able to generate invoices and payment links using USDM and USDCx, with payments linked to orders once transactions are confirmed. VIA Labs received approval for AnyToAny, which would combine cross-chain bridging and token swaps into simpler transactions between Cardano and other networks. Its proposed routes include converting USDC held on exchanges into Cardano-based tokens. In decentralized finance, House of Titans plans to develop ATLAS, a perpetual trading platform using USDM and USDCx as collateral alongside Pyth oracle price feeds. Liqwid Labs will work on integrating signed Pyth prices directly into lending transactions. The project focuses on the price information used when users borrow funds or face liquidation. Cardano’s Pyth oracle integration was previously covered by crypto.news in December 2025, when the network announced its partnership with the market data provider. Dano Finance was selected to develop a lending feature that allows borrowers to change collateral through a single transaction without first repaying outstanding debt. Its proposal includes opening liquidation participation to independent parties. L4VA Technologies will develop AI-assisted vault strategies for tokenized real-world assets. Its proposed system uses Pyth prices and USDCx within limits established through governance. Tokenized assets and identity projects receive funding Beyond financial applications, four selected proposals cover asset ownership, healthcare credentials, and supply chain records. Anvil’s Wayup project will introduce programmable transfer rules for tokenized real-world assets. The system would enforce issuer requirements, including buyer eligibility, when secondary market transactions settle. GreenSun Tech’s OriLife project focuses on agricultural produce. It proposes tokens representing produce ownership, with programmable rules governing transfers between growers and buyers. Aline Health was selected for a medical travel identity project based on CIP-0170. The system would allow organizations to verify patient credentials without placing medical records directly on the blockchain. Nucast’s nuhuman proposal focuses on digital identities for industrial robots and shrimp shipments. The project would use signed production records to track processing activity and export batches across a shrimp export operation valued at $60 million in the proposal. According to Project Catalyst, six of the selected proposals include open source commitments. Three teams have pledged to return a portion of future platform or protocol fee revenue to the Cardano treasury. The program did not identify the individual revenue-sharing commitments in its September 24 announcement.

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$GRVT Pyth Network has launched its Pro MCP Server 1.1, enabling AI agents to access tick-level price history. This update allows users to check which feeds a plan covers and request any asset pair by name across various markets including crypto and equities. The announcement made by Pyth Network marks a significant leap in market data accessibility, potentially reshaping trading strategies in the industry. Breaking It Down The broader crypto market is currently experiencing mixed signals, with traders navigating varying trends among major assets. Pyth Network’s new Pro MCP Server 1.1 aims to enhance trading efficiency by providing AI agents with comprehensive market data across multiple asset classes. This launch comes at a time when market participants increasingly rely on advanced data analytics to inform their trading decisions, emphasizing the importance of timely and accurate information. The Essentials Pyth Network has rolled out the Pro MCP Server 1.1; AI agents can access tick-level price history; Users can request any asset pair by name; The update covers crypto, FX, equities, metals, rates, and NAVs; This launch aims to reshape trading strategies across various markets. The Numbers Currently, Pyth Network’s trading volume sits at zero, indicating a potential lag in immediate market reaction to the new server launch. However, the recent update could catalyze increased engagement as traders leverage enhanced data capabilities. The absence of trading volume does not diminish the potential impact of this development as market sentiment shifts towards more data-driven strategies. Pyth Network specializes in providing high-fidelity market data across various asset classes. The launch of the Pro MCP Server 1.1 positions it as a significant player in the market data landscape, particularly as demand for real-time analytics grows. With its integration of AI technology, Pyth Network aims to enhance the decision-making processes for traders and investors alike. The Road Ahead What traders should watch next is how the deployment of the Pro MCP Server 1.1 influences trading volumes and strategies across various asset classes. As market dynamics evolve, the increased access to tick-level data may lead to shifts in trading patterns. Traders might look for opportunities in more volatile segments of the market, especially as AI becomes a critical tool for data analysis in real-time. This article is for informational purposes only and should not be considered financial advice. The post Pyth Network Launches Pro MCP Server 1.1, Enhancing Market appeared first on Coinfomania.