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#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 $100 million treasury fund for stablecoin liquidity. Founder Charles Hoskinson defends gradual, OTC-style treasury sales, but critics fear front‑running and downward pressure . --- 🚀 Ecosystem & Development Milestones Enterprise rollout – Originate: The Cardano Foundation launched Originate, a supply‑chain verification tool aimed at enhancing enterprise use cases—part of the strategy to offset whale‑driven volatility . Record ecosystem growth: Over 2,000 projects now build on Cardano, spanning DeFi, NFTs, and supply‑chain apps. More than 138,000 Plutus scripts deployed and 1,352 active DReps validate the network . Protocol upgrades: Lace wallet v1.23 improves real-time pricing data for native tokens, and Hydra sidechain development is progressing with key UX and security fixes .
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$ADA #CardanoDebate Cardano founder Charles Hoskinson has proposed using 140M ADA (~$100M) from the treasury to boost DeFi growth by purchasing BTC and Cardano-native stablecoins (USDM, USDA, IUSD). ADA dropped 6% following the announcement, as the community remains divided. Some see it as a bold step toward ecosystem maturity, while others argue it’s risky given market conditions and governance concerns. 💬 What’s your take on this proposal? How would this move affect long-term ADA value?
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