$ADA 1. Ecosystem surpasses 2,000 projects

Cardano has reached an important milestone with over 2,000 projects built on its platform, reflecting remarkable growth of the ecosystem and increasing interest from developers.

2. Debate on liquidity in stablecoins causes price drop (~6%)

ADA fell more than 6% following a proposal driven by Charles Hoskinson to use 140 million ADA from the treasury with the aim of boosting liquidity in stablecoins. The price dropped from approximately $0.688 to $0.625 before recovering slightly.

3. Possible technical rebounds point towards $0.67-$0.70

Bollinger pattern analysis suggests that ADA could experience a rebound towards the range of $0.67-$0.70, finding support at key levels.