$ADA

Cardano ($ADA) continues its evolution as a prominent blockchain, focusing on secure, scalable, and sustainable decentralized applications. Recent discussions include a proposal by founder Charles Hoskinson to utilize 140M ADA from the treasury to boost DeFi by acquiring BTC and Cardano-native stablecoins. This signals a strong push towards expanding its DeFi ecosystem.

Development remains active, with over 2,000 projects reportedly building on the platform and the recent launch of the Cardinal Protocol for Bitcoin DeFi. While some critics point to a slower development pace, proponents emphasize Cardano's peer-reviewed, evidence-based approach for long-term stability. Future predictions for $ADA vary, but generally highlight the potential impact of technological upgrades like Hydra, increasing DeFi adoption, and broader institutional interest.