#CardanoDebate Current situation and price movements

• The price is around $0.64, with a slight increase in the last 24 hours.

• Selling pressure has been observed since the resistance test near $0.68, resulting in a correction to the zone of $0.62–0.63.

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⚙️ Main factors of movement

1. $100 million Treasury debate in ADA

• Proposal by Charles Hoskinson (IOG) for allocation of ~140M ADA from the treasury into stablecoins and Bitcoin.

• The initiative has generated divisions in the community, with concerns about mass selling and “front-running,” despite Hoskinson assuring “impact-free” execution via OTC/TWAP.

• The announcement triggered a drop of ~6%, from $0.688 to $0.625, before a slight recovery.

2. Volume and technical interest reduction

• Transaction volume declined by about 19%, falling to ~ $640M, indicating a decrease in speculative interest.

• Technical indices (Ichimoku, Fibonacci) suggest short-term weakness, with possible support at $0.62–0.63.

3. Recent positive news

• Inclusion of ADA in the Nasdaq crypto index kept the price between $0.66 and $0.72, with volume rising +68%.