#CardanoDebate š„ $ADA Ignites Controversy Over $100M DeFi Push!
Cardano is making waves with a bold $100M (140M ADA) treasury proposal aimed at jumpstarting DeFi liquidityābacked by none other than Charles Hoskinson. But not everyoneās cheering.
š„ The Divide:
Supporters say this could be the catalyst Cardano DeFi needsāsupercharging stablecoins like USDM and unlocking real yield.
Critics (like @cardano_whale) warn this could trigger massive sell pressure, especially with $ADA down 6% and stuck near $0.64.
š³ļø Governance Showdown
Hoskinson suggests a slow rollout via OTC/TWAP methods to prevent market shock. But others argue the timing is risky with ADA still under $0.68 resistance. The move is seen as a big test:
Short-term stability š Long-term growth
š Meanwhileā¦
Whales just grabbed 310M ADA this month š³
A symmetrical triangle breakout could push ADA to $0.7730+
Cardano flexes decentralization muscle with a Nakamoto Coefficient of 79 ā top-tier in crypto. šŖ
šØ Will this DeFi power play elevate Cardanoāor backfire in a shaky market?
Drop your thoughtsš #Cardano #ADA #CryptoDebate #DeFiMoves
