🚨 Cardano Founder Proposes $100M Treasury Move — ADA Drops 6% Amid Fierce Debate
July 5, 2025 — Crypto Markets Watch
Cardano is back in the headlines today after its founder, Charles Hoskinson, proposed a bold and controversial plan: deploying 140 million ADA (around $100 million USD) from the Cardano Treasury to buy Bitcoin (BTC) and Cardano-native stablecoins including USDM, USDA, and IUSD — a move aimed at accelerating growth in the DeFi space.
🔍 The Proposal
Hoskinson believes injecting this capital could kickstart stronger liquidity for Cardano-based DeFi protocols and help stabilize Cardano-native stablecoins. The idea is to build resilience and utility into the ecosystem by anchoring it with crypto’s most trusted store of value — Bitcoin — alongside stable, on-chain assets.
📉 Market Reaction
The announcement immediately rattled markets. ADA prices plunged 6% as investors and community members scrambled to digest the news. Some view the move as visionary, while others warn it's a gamble with massive downside risks given the current volatility and past governance challenges within Cardano’s ecosystem.
⚖️ Community Split
Supporters say the plan could finally propel Cardano into a competitive position against Ethereum and Solana in DeFi.
collected for community development — to buy volatile assets like BTC is reckless, especially without clearer governance procedures or community consensus.
💬 Community Pulse: What’s Your Take?
The Cardano community is already buzzing with the hashtag #CardanoDebate, and discussions are heating up across Binance Square and social platforms.
Binance is encouraging users to engage with the debate through their Task Center, offering Binance Points for:
Posting with #CardanoDebate or $ADA cashtag,
Sharing your Trader’s Profile,
Or showing off trades using the new Trade Sharing Widget.
🕒 Activity runs until July 15, 06:00 UTC. Rewards are first-come, first-served.
#Cardano #ADA #CardanoDebate #DeFi #CryptoNews #TradersLeague
