#CardanoDebate
🔥 #CardanoDebate Heats Up — $100M Treasury Proposal Shakes Up ADA 🔥
Cardano's community is at a crossroads — and the market is feeling it. Let’s break down this pivotal moment:
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💰 The Proposal: Sell 140M ADA (~$100M) from the Treasury
→ Goal: Boost stablecoin liquidity for DeFi expansion
→ Method: OTC/algo-driven sales to reduce impact on price
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🧠 The Controversy:
🟥 Critics (e.g., @cardano_whale)
Warn of sell pressure crashing ADA’s price
Prefer using crypto-backed stablecoins like ObyUSD
Concerned about governance risk and treasury depletion
🟩 Charles Hoskinson (Founder)
Defends gradual sales to avoid disruption
Emphasizes DeFi utility and ecosystem growth
Sees this as long-term infrastructure investment
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📉 Market Moves:
📍 Rejected at $0.68
📉 Dipped to $0.625
⚖️ Rebounded to $0.6412
📊 Resistance: $0.645
🔍 Volume: Spike ≠ Breakout — signs of accumulation, but no real momentum yet
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🌐 The Bigger Picture:
This isn't just a price issue — it’s a governance stress test
The community is choosing between:
Short-term price stability
Long-term DeFi competitiveness
💡 Meanwhile… some holders are eyeing alternatives like Remittix, frustrated by:
ADA’s 25% YTD decline
Slow governance
Fading excitement compared to other L1s
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⚔️ Final Thought:
> This treasury move could unlock Cardano’s next DeFi chapter — or fracture its base.
📊 Is it an evolution or erosion of trust?
🧭 The answer may shape ADA’s trajectory for the rest of 2025.
