$ADA Cardano’s ADA token is trading at approximately $0.62, showing modest intraday weakness after recent fluctuations between $0.62 and $0.64 . The dip comes as community divisions rise over how to deploy Cardano’s treasury assets. Founder Charles Hoskinson recently proposed converting $100 million of ADA for stablecoins like USDM/USDA—and possibly Bitcoin—to bolster DeFi and ecosystem liquidity . While Hoskinson insists the process can be managed via OTC trades or TWAP protocols to prevent market shocks , critics argue that large-scale conversion could depress ADA prices and invite front‑running .