$ADA there have been some interesting updates and discussions recently:

## Update on Cardano (ADA) Price

- Current price: $0.64

- Market capitalization: $24.63 billion

- Percentage change in the last 24 hours: 0.85%

## Cardano Price Prediction

According to ChatGPT's prediction, the price of Cardano could rise to $1.20 by the end of 2025, which corresponds to doubling its current value. This is based on technical analysis, fundamental factors, and favorable market conditions ¹.

## Important Event

Cardano has reached a historic milestone by being added to the Nasdaq Crypto Index, marking recognition from major financial institutions and investors. This event could help enhance the liquidity and market value of ADA ².

## Discussion on Stablecoin

Cardano's founder, Charles Hoskinson, has proposed converting 100 million ADA from Cardano's treasury into the ecosystem's native stablecoin, named USDM. This could yield annual profits of $5 to $10 million for Cardano and promote the development of decentralized finance (DeFi) ².