$ADA ¡💥 ¡Attention #BinanceSquare! 💥 Today the topic of the moment is $ADA, the native token of Cardano. At this very moment it is trading around $0.6368, after moving between $0.6291 and $0.6436 USD so far today.

Recently, ADA has experienced a decline of ~6% in a single day, falling from $0.688 to $0.625 before bouncing back near $0.64, amidst a heated discussion: should treasury funds be used to boost stablecoins? This debate is dividing the community, and volatility is running high!

📊 Technically speaking, ADA is trapped in a channel between $0.62–$0.65, and if it doesn't regain strength soon, it could test support near $0.50 again. But be aware that there are also positive signals: some models indicate a possible firm resistance at $0.75–$0.80 thanks to advancements like the hard fork "Chang" and the integration of DeFi with bitcoin.

🔥 The juiciest part: Charles Hoskinson proposed allocating 100 million USD from the treasury in ADA for stablecoins and bitcoin, with the intention of boosting Cardano's DeFi ecosystem. The move is risky, but if executed carefully, it could attract more institutional liquidity.

Why keep an eye on $ADA?

It is a project with a scientific approach, PoS, and on-chain governance.

It is undergoing a technological rebrand (Chang, Hydra, Voltaire).

And with Nasdaq adding it to the Crypto Index, it starts to shine in institutional lights.

Your mission now:

👇 Respond and tell us:

Do you think ADA will bounce back and reach $0.75+ this week?

Or will the treasury debate and bearish pressure hold it back even more?

Let's unleash this #CardanoDebate and see where the price of $ADA flies! 🚀