Cardano Surges 38% in Q3, But Whale Pushback Looms 🚀🐋

📈 Cardano ( $ADA ) is up 38% in Q3 after a rough first half of 2025. Despite the rebound, internal tensions could hinder future progress.

⚠️ A major Cardano whale criticized the Cardano Foundation and IOG for “years of unfulfilled promises” and vowed to vote “No” on all upcoming IO proposals—potentially blocking key upgrades.

📉 While ADA gains, Cardano’s ecosystem still lags behind. Its TVL is just $366M, far behind Ethereum and Solana, and it has missed trends like meme coins and AI.

💬 Charles Hoskinson responded, calling the criticism emotional and defending the team’s focus on long-term goals over hype.

📊 ADA now trades at $0.8017, down 6.6% in 24h, but up 27.4% in 14 days. With a $29B market cap, analysts see $1.00–$1.18 as possible short-term targets if momentum holds.