#CardanoDebate #CardanoDebate

🔔 **Cardano Debate – Will the ADA treasury become a gateway to liquidity or a trap for volatility?**

The ADA token has experienced a sharp decline of ~6% following a split within the Cardano community over the proposal to use 100–140 million ADA from the treasury to support stablecoin liquidity within the system 🌐.

🔍 **Two Divergent Views:**

Supporters, led by Charles Hoskinson, believe this funding is essential to bolster DeFi and treasury strategy without direct negative impact, using OTC trades and tools like TWAP.

Opponents warn of potential selling pressure resulting from the public disclosure of the amount, which could lead to an unjustified price drop, preferring the issuance of cryptographically backed stablecoins without unloading ADA.

📉 Technically: The price fell from ~$0.688 to ~$0.625, then rebounded almost to ~$0.641 with support channels appearing at ~$0.622–0.636, while the resistance level near $0.645 remains a barrier to full recovery.