#CardanoDebate Quick summary #CardanoDebate:
Cardano (ADA) is making positive progress:
Current ADA price: 0.64 USD, slight increase of 0.85% in the last 24 hours.
Price forecast: It may reach 1.20 USD by the end of 2025, based on positive technical and market analysis.
Notable news: ADA has been added to the Nasdaq Crypto Index, opening up opportunities for institutional capital access.
Noticed discussion: Charles Hoskinson proposed using 100 million ADA for the development of the USDM stablecoin, hoping to generate 5-10 million USD in profit annually for the Cardano DeFi ecosystem.
This is a sign that Cardano is strengthening its position in the cryptocurrency and decentralized finance space.