$ADA ADA The current Cardano DeFi ecosystem has only $356 million in TVL, with stablecoin reserves lacking $31 million, severely restricting lending and trading activities, leading users to migrate to Ethereum and Solana. The new strategy not only promotes the widespread use of stablecoins but also plans to introduce Ripple's RLUSD privacy sidechain, building a cross-chain DeFi bridge, while exchanging some ADA for Bitcoin to create a Prime Bitcoin DeFi ecosystem, attracting more BTC holders to participate.

Although the foundation's CEO questions the TVL metric, Hoskinson emphasizes phased execution to avoid market selling pressure, hoping to ignite ADA prices to break the $1.3 barrier and reshape Cardano's status as a cross-chain DeFi hub. If it fails, the risks are huge, and the ecosystem may fall into stagnation.

The opportunity has arrived, can Cardano reverse the situation and become the next generation DeFi giant? The answer will soon be revealed!