#CardanoDebate Cardano (ADA) descended nearly 6% to $0.64 on June 13 amid intense debate over a $100 million treasury allocation to boost stablecoin liquidity . The plan, championed by Charles Hoskinson, aims to deploy 140 million ADA gradually using over-the-counter or algorithmic methods to avoid price disruption.

Yet, critics argue this could create significant sell pressure, especially if executed publicly near resistance levels like $0.70 . Meanwhile, broader discussions compare Cardano’s research-first approach and PoS efficiency with Ethereum’s larger market share and DeFi dominance .