$ADA Quick Summary | #CardanoDebate
Cardano (ADA) continues positive momentum:
Current Price: $0.64 USD (+0.85% in the last 24 hours)
Forecast: Potential to reach $1.20 USD by end of 2025 based on current technical and market outlook.
Key Update:
ADA has been officially added to the Nasdaq Crypto Index, boosting its exposure to institutional investors.
Major Discussion:
Charles Hoskinson proposed allocating 100 million ADA towards developing the USDM stablecoin, aiming to generate $5–10 million USD in annual profits for the Cardano DeFi ecosystem.