According to @ItsDave_ADA, Cardano's ADA token has seen significant volatility, initially dropping 6% to $0.6412 before recovering towards $0.65. The price action is heavily influenced by a heated community debate over a proposal from TapTools to allocate 140 million ADA (approximately $100 million) from the treasury to enhance stablecoin liquidity for its DeFi ecosystem. This proposal has created a divide; influential members like @cardano_whale expressed concerns about potential sell pressure, while Cardano founder Charles Hoskinson defended the move as essential for long-term growth, suggesting strategies like TWAP orders could mitigate market impact. Amid the debate, the network achieved a positive milestone, surpassing 1.3 million staking addresses, which signals strong underlying holder conviction. From a technical perspective, ADA established strong support at $0.622 after a drop from $0.688, with resistance noted around $0.645-$0.650. However, current market data shows ADAUSDT trading lower at $0.5802, suggesting the bearish pressure from the treasury debate may be influencing short-term price action more than the positive staking news.

According to @ItsDave_ADA, Cardano (ADA) is experiencing significant market cross-currents. On one hand, the network's fundamentals are strengthening, with staking addresses surpassing 1.3 million as reported by TapTools, which coincided with a price climb towards $0.65. On the other hand, ADA's price saw a 6% drop as the community fiercely debates a proposal to allocate $100 million in treasury funds to boost stablecoin liquidity. Cardano founder Charles Hoskinson supports the move, calling sell-pressure concerns a 'false narrative' and arguing it is essential for DeFi growth. However, influential community members like @cardano_whale warn that introducing 140 million ADA in sell pressure could be damaging in the current market. From a trading perspective, ADA established key support around $0.622 after a fall from $0.688, with immediate resistance noted at $0.645, reflecting the market's division between long-term ecosystem development and short-term price stability.

According to @ItsDave_ADA, Cardano (ADA) is experiencing significant price volatility driven by conflicting fundamental factors. On one hand, the network achieved a bullish milestone, surpassing 1.3 million staking addresses, which signals strong long-term holder confidence. On the other hand, the price saw a 6% drop amid a contentious community debate over a proposal to allocate $100 million in treasury ADA to boost stablecoin liquidity for its DeFi ecosystem. Cardano founder Charles Hoskinson supports the initiative, suggesting gradual execution via TWAP orders to prevent market disruption. However, critics like user @cardano_whale warn that introducing 140 million ADA in sell pressure could damage the token's price. From a technical perspective, ADA established strong support at $0.622 after falling from $0.688, with current resistance near $0.645. Current market data shows ADA trading around $0.578 (ADAUSDT).

According to @ItsDave_ADA, Cardano's ADA token is experiencing significant volatility, recently dropping 6.01% to $0.6412 before recovering to trade near $0.6460. This price action is influenced by a heated community debate over a proposal from the TapTools team to allocate 140 million ADA (approx. $100 million) from the treasury to boost stablecoin liquidity for its DeFi ecosystem. Influential community members like @cardano_whale expressed concern over potential sell pressure from such a move, according to the source. However, Cardano founder Charles Hoskinson countered this, calling it a "false narrative" and suggesting the treasury could use strategies like TWAP orders to avoid market disruption. On a bullish note, TapTools reported that Cardano has surpassed 1.3 million staking addresses, reinforcing long-term network fundamentals despite the debate. From a technical standpoint, ADA found strong support at $0.622 after falling from $0.688, with key resistance identified at $0.645.

According to @ItsDave_ADA, Cardano's ADA token is experiencing significant price volatility, recently dropping over 6% before a partial recovery, as the community debates a major governance proposal. The proposal, initiated by the TapTools team, suggests allocating 140 million ADA (approximately $100 million) from the treasury to boost stablecoin liquidity for its DeFi ecosystem. This has created a divide, with critics like user @cardano_whale warning of substantial sell pressure that could harm the token's price, as cited in the report. In contrast, Cardano founder Charles Hoskinson defended the plan, calling sell-pressure concerns a "false narrative" and suggesting gradual, over-the-counter sales to prevent market disruption. Amid this debate, the network achieved a positive milestone, surpassing 1.3 million staking addresses, which signals strong long-term holder conviction. From a technical perspective, the report identifies key support for ADA at $0.622 and resistance at $0.645. Current market data shows ADAUSDT trading around $0.5541, indicating the market is still weighing the potential sell pressure against the long-term DeFi growth prospects.

According to @ItsDave_ADA, Cardano (ADA) has experienced significant price volatility, initially climbing to nearly $0.65 after the network surpassed 1.3 million staking addresses, a milestone highlighted by TapTools that signals strong fundamentals. However, the token later dropped 6% to $0.6412 amid a contentious community debate over a proposal to allocate $100 million from the treasury to boost stablecoin liquidity in its DeFi ecosystem. The debate features influential figures, with @cardano_whale warning of potential sell pressure, while founder Charles Hoskinson argued that gradual, over-the-counter (OTC) or time-weighted average price (TWAP) sales could prevent market disruption. From a trading perspective, the initial rally broke resistance at $0.635, while the subsequent drop found strong support at $0.622, with resistance now capping gains at $0.645. This price action reflects the conflict between positive on-chain growth and market concerns over the treasury proposal's execution.

According to @ItsDave_ADA, Cardano's ADA token has experienced significant volatility, driven by a contentious governance debate and positive network growth. The price initially dropped 6% to $0.6412 after the TapTools team proposed allocating 140 million ADA (approx. $100 million) from the treasury to bolster stablecoin liquidity in Cardano's DeFi ecosystem. This proposal sparked a debate, with influencer @cardano_whale warning of potential sell pressure, while Cardano founder Charles Hoskinson dismissed these concerns as a "false narrative," suggesting gradual over-the-counter or TWAP sales to prevent market disruption. Amid this debate, the network achieved a key milestone, surpassing 1.3 million staking addresses, signaling strong holder conviction. Technical analysis from the source indicates key support was established at $0.622 during the sell-off, with resistance at $0.645. Despite a brief recovery, current market data shows ADAUSDT trading at $0.5802, reflecting the ongoing market uncertainty.

According to @ItsDave_ADA, Cardano co-founder Charles Hoskinson has proposed converting $100 million of the treasury's ADA into a mix of Bitcoin (BTC) and Cardano-native stablecoins like USDM and USDA. Hoskinson stated this move aims to boost the Cardano DeFi ecosystem by increasing the stablecoin issuance to Total Value Locked (TVL) ratio from its current 10% to a target of 30-40%. He dismissed concerns that a sale of this size would negatively impact ADA's price. DefiLlama data shows Cardano's TVL at $356 million with only $31 million in stablecoins. Coinciding with this proposal, the ADA token's price climbed 3% to trade near $0.6460, breaking the $0.635 resistance level. This price action is supported by strong network fundamentals, as Cardano surpassed 1.3 million staking addresses, a milestone reported by TapTools, indicating sustained long-term investor confidence despite recent whale outflows of over 270 million ADA.

According to @ItsDave_ADA, Cardano co-founder Charles Hoskinson has proposed converting $100 million of the treasury's ADA tokens into a mix of Bitcoin (BTC) and Cardano-native stablecoins like USDM and USDA. The stated goal is to energize the Cardano DeFi ecosystem by raising the ratio of stablecoin issuance to Total Value Locked (TVL) from the current 10% to a target of 30-40%, as Hoskinson stated the low stablecoin volume is 'killing Cardano.' DefiLlama data shows Cardano's TVL at $356 million with just $31 million in stablecoins, compared to Solana's $9.8 billion TVL and $11 billion in stablecoins. Hoskinson dismissed concerns that the sale would negatively impact the price of ADA, which is trading at approximately $0.5613 (ADAUSDT). This proposal comes amid broader market maturation in Real-World Asset (RWA) tokenization, with major firms like BlackRock and VanEck increasing their involvement.

According to Charles Hoskinson, Cardano's co-founder, he suggested converting $100 million worth of ADA tokens into bitcoin (BTC) and stablecoins like USDA and USDM during a YouTube live stream to increase Cardano's stablecoin-to-TVL ratio from 10% to 30-40%. Hoskinson stated that this move would not impact ADA's price and would generate non-inflationary revenue for Cardano's DeFi ecosystem, as current data from DefiLlama shows only $31 million in stablecoins minted against $356 million TVL on Cardano.

According to @ItsDave_ADA, a recent AMA involving Charles Hoskinson (@IOHK_Charles) sparked concerns among Cardano (ADA) community representatives regarding the tone and content of the discussion. Dave, acting as a DRep (Delegated Representative), emphasized the need for a more collaborative and respectful governance process. For ADA traders, this highlights ongoing governance tensions which could influence sentiment and price volatility. Market participants should monitor Cardano's community dynamics, as robust governance is critical for ADA's long-term stability and growth (Source: Twitter/@ItsDave_ADA, June 15, 2025).

According to Alice und Bob on X, a recent post alleges that Charles Hoskinson orchestrated the recovery of approximately $600 million worth of unclaimed ADA tokens from initial coin offering (ICO) participants via a force transfer during a 2021 Cardano blockchain hard fork. This previously undisclosed event has now surfaced, prompting discussions within the Cardano and wider crypto trading communities about transparency and token supply dynamics. Market participants should closely monitor ADA price action as this revelation could influence liquidity, trading volumes, and perceptions of Cardano's governance integrity (source: x.com/alice_und_bob/status/1923438799356317772).

According to Michael Lau (@mikelaujr), key industry figures including Eric Trump, cofounder of American Bitcoin, and Charles Hoskinson, founder of Cardano, are at the forefront of major cryptocurrency initiatives as of May 2025. Their involvement brings heightened visibility and investor confidence to Bitcoin and Cardano, directly influencing trading volumes and price action for both assets. Dave Portnoy and Kevin O’Leary's participation signals increased mainstream adoption and institutional attention, which are likely to impact liquidity and market sentiment for leading cryptocurrencies (Source: Michael Lau, Twitter, May 12, 2025).

According to @ItsDave_ADA, confidence in Cardano’s blockchain stems from the high quality of development and leadership by Charles Hoskinson and the IOG team. The tweet highlights the importance of DReps (Delegated Representatives) in the evolving Cardano governance model, which could impact ADA price action as on-chain voting and decentralized governance attract institutional and retail traders. Traders are closely monitoring Cardano’s roadmap and governance upgrades for potential bullish signals and increased network activity (source: Twitter/@ItsDave_ADA, April 26, 2025).

According to @IOHK_Charles, the recent developments in Cardano's blockchain technology could significantly influence its market performance, particularly with the introduction of smart contracts and enhanced scalability features. These advancements are expected to attract more developers and projects to the Cardano platform, potentially increasing its market value and trading volume. This insight was highlighted in a tweet discussion with Eleanor Terrett, emphasizing the role of technological innovation in driving Cardano's competitive edge in the cryptocurrency market.

According to AltcoinGordon, Donald Trump Jr. will participate in a DC Blockchain Summit panel hosted by Cardano's Charles Hoskinson. This event could potentially impact ADA trading as visibility and interest in Cardano may rise due to the involvement of a high-profile personality. However, there is no confirmed source predicting an ADA price increase, and traders should remain cautious.

According to @aubreystrobel, there is a discrepancy between the desired and actual members of the crypto council, impacting strategic decisions in the market. The preferred members like Cobie, Neeraj, and Andreas are well-respected for their insights, while the actual members, including Charles Hoskinson and others with less recognized backgrounds, may influence market perceptions and investor confidence differently.