Cardano is on the move
$ADA jumps +11% in 24H (20% in 7D) with trading volume up 86%.
- Charles Hoskinson proposes converting $100M ADA from treasury into stablecoins & BTC to supercharge DeFi liquidity.
- Potential yields: 5–10% via market-making.
- While the move could add short-term sell pressure, the market is betting on long-term ecosystem growth.
#Cardano rally shows traders are prioritising utility expansion over immediate supply impact.