#CardanoDebate

Cardano (ADA) is currently trading at $0.63-$0.6344, with a market capitalization of $22.26-$22.48 billion. The token has seen significant price movements, with some analysts predicting a potential surge to $6.

*Recent News:*

- *Proposal for $100M ADA Treasury Shift*: Charles Hoskinson proposed shifting $100 million from the Cardano treasury to boost DeFi development on the platform.

- *2,000 Cardano Projects Milestone*: Cardano has reached a major milestone with over 2,000 projects built on its network.

- *Bollinger Bands Prediction*: Analysts predict ADA could reach $0.67 based on Bollinger Bands technical analysis ¹ ².

*Market Performance:*

- *24-hour Trading Volume*: $500.44 million-$501.35 million

- *Circulating Supply*: 35.35-36 billion ADA tokens

- *Total Supply*: 44.99-45 billion ADA tokens

- *Price Change*: -2.52% to 1.62% in the last 24 hours

*Future Developments:*

- *Voltaire Era*: Cardano's next stage will focus on making the network self-sustaining with a voting and treasury system.

- *Potential Price Surge*: Some analysts predict a 400% rally to $6 based on historical price patterns ¹ ².