$ADA
The decision to use 140 million ADA from the Cardano treasury could have a dual impact:
1. Potential Positives:
- It reflects the seriousness of Cardano's leadership in energizing the decentralized finance (DeFi) ecosystem.
- Using part of the treasury to buy stablecoins and BTC may create new liquidity sources within the system.
- It could help attract new developers and users if successful projects emerge thanks to this support.
2. Potential Negatives:
- The 6% drop in ADA's price immediately after the announcement shows that some investors felt concerned about the decision.
- Buying Bitcoin instead of supporting internal projects could be interpreted as a conflict of priorities or a loss of identity.
The real impact will become clear in the medium to long term, depending on how the strategy is implemented and how much the system benefits from it.