#CardanoDebate $ADA

📉 Short-Term Price Pressure

Whale sell‑offs: Large holders dumped around 270 million ADA (~$170 million) this week, driving prices down and testing support around $0.62–$0.64 .

Governance debate: The community is split over a proposed $100 million treasury fund for stablecoin liquidity. Founder Charles Hoskinson defends gradual, OTC-style treasury sales, but critics fear front‑running and downward pressure .

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🚀 Ecosystem & Development Milestones

Enterprise rollout – Originate: The Cardano Foundation launched Originate, a supply‑chain verification tool aimed at enhancing enterprise use cases—part of the strategy to offset whale‑driven volatility .

Record ecosystem growth: Over 2,000 projects now build on Cardano, spanning DeFi, NFTs, and supply‑chain apps. More than 138,000 Plutus scripts deployed and 1,352 active DReps validate the network .

Protocol upgrades: Lace wallet v1.23 improves real-time pricing data for native tokens, and Hydra sidechain development is progressing with key UX and security fixes .