$ADA The recent proposal by Charles Hoskinson to reallocate $100M worth of $ADA from the treasury to boost Cardano's DeFi ecosystem has ignited a fierce debate. While aiming to increase stablecoin liquidity and attract more projects, the move has sparked concerns about potential sell pressure on $ADA. Currently, $ADA is navigating market volatility, with technical indicators suggesting a potential for recovery but also highlighting strong resistance levels. The community is at a crossroads, weighing long-term growth against short-term price stability. #Cardano #DeFi