#CardanoDebate 🚨 $ADA Alert: Big moves & crypto buzz!
Treasury shake-up – Cardano co‑founder Charles Hoskinson has proposed using ~$100–140 million worth of ADA from the treasury to purchase BTC and stablecoins (USDM/USDA) to support DeFi on Cardano. The plan triggered intense community debate, with ADA dipping ~6% amid volatility and mixed reactions📉
Nasdaq endorsement – ADA was added to the Nasdaq Crypto Index alongside BTC, ETH, and other major tokens—a big vote of institutional confidence
Whale activity – Recent wallet movement shows whales sold 270 million ADA ($170 million) in the past week, while some accumulation persists
Technical trends – ADA is struggling under ~$0.65, with bearish momentum, yet Binance data shows stabilization near $0.62–$0.64 and hints of a potential bounce if support holds
Hot take time:
🔸 Supporters say the treasury swap is smart for DeFi long-term growth.
🔸 Critics warn of immediate sell-pressure and market fatigue.
🔸 With Nasdaq inclusion and whale swings, could ADA be ready for a rebound—or further pressure?
💬 Weigh in!
Are you bullish, bearish—or staying on the sidelines?
Should Cardano push the treasury swap now or wait for market stability?