📉 1. Major Treasury Proposal to Boost DeFi Liquidity

Cardano’s token dropped about 6% today after community debate over a bold plan by Charles Hoskinson to deploy 140 million ADA (~$100M) from the treasury to support stablecoin liquidity and DeFi growth. Hoskinson emphasized that trades would be executed responsibly to reduce market impact .

🏛 2. Joining Nasdaq Crypto Index

Nasdaq has officially added ADA to its Nasdaq Crypto Index, placing it alongside Bitcoin and Ethereum in a key institutional benchmark—highlighting growing recognition from major financial players .

⚔️ 3. Hoskinson: ADA Stands as Bitcoin’s Biggest Challenger

Charles Hoskinson reaffirmed that Cardano is the most significant contender to Bitcoin’s dominance—citing its on-chain governance, Plutus smart-contract capabilities, and academic underpinning as proof points .

🚀 4. Bullish ETF Speculation

Industry chatter suggests Cardano ETF approval might be the next frontier for altcoins, joining the wave of Bitcoin and Ethereum ETFs—potentially unlocking new institutional inflows .

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