#CardanoDebate Cardano’s ADA steadied near $0.62 after $170M in whale selling, while the Foundation launched Originate to help brands verify product authenticity.
ADA fell 6.01% to $0.6412 after rejecting above $0.68 and testing lows near $0.625, according to CoinDesk Research's technical analysis model.
The Cardano community is split over proposed $100M allocation to support stablecoin liquidity.
IOG CEO Charles Hoskinson argued that the sale could be done gradually using over-the-counter trades and algorithmic execution tools, minimizing market impact.