$ADA on Binance is a trending discussion centered around Cardano's recent treasury proposal. Founder Charles Hoskinson has suggested using 140 million ADA (approximately $100 million) from Cardano's treasury to purchase Bitcoin and Cardano-native stablecoins like USDM, USDA, and IUSD. The goal is to stimulate growth in decentralized finance (DeFi) within the Cardano ecosystem.