According to @ItsDave_ADA on Twitter, ADA/USDT trading volume on MEXC has surpassed $30 million in the past 24 hours. This substantial volume signals heightened liquidity and increased trader activity for Cardano, potentially leading to tighter spreads and more favorable trading conditions. Crypto traders may find arbitrage and short-term trading opportunities as ADA maintains significant attention on major exchanges. High volume also indicates strong market participation, which could influence ADA price volatility and prompt further institutional interest in the ADA/USDT pair (Source: @ItsDave_ADA, June 10, 2025).

According to @ItsDave_ADA, a major Cardano stakeholder with 25.24 million ADA voting power, the 2025 Cardano Blockchain Ecosystem Budget proposal—allocating 7.5M ADA for community builders—was met with a NO vote. While supporting key initiatives like Midgard and Starstream, the voter expressed concerns over the overall budget structure (source: @ItsDave_ADA, June 8, 2025). This significant opposition from large ADA holders may influence short-term ADA price volatility and signal increased scrutiny on Cardano governance, impacting trader sentiment and liquidity in ADA trading pairs.

According to @ItsDave_ADA, a key Cardano community voter with 25.40 million ADA voting power, the governance proposal to set a 300 million ADA Net Change Limit (NCL) for epochs 563 to 635 has faced significant opposition. Dave previously supported a 200 million ADA NCL but voted NO on the 300 million ADA limit, signaling potential resistance from large ADA holders to increased supply flexibility (Source: @ItsDave_ADA on Twitter, June 8, 2025). For traders, this highlights ongoing governance debates that could impact ADA supply dynamics and price volatility, making it a critical point to monitor for short-term trading strategies.