Altcoins News
By Sakamoto Nashi
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Community Concerns: Could This Crash the ADA Price?. Despite the potential upside, many in the Cardano community are concerned about one thing: the…
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A Push to Reignite Cardano DeFi. The goal of this proposal goes beyond just raising cash.
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Market Snapshot: ADA Still in the Red. Even as Cardano eyes this major strategic shift, its native token ADA has struggled.
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What Happens Next?. Hoskinson said the proposal is currently under review by the Cardano Foundation, with input from…
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Conclusion: High Risk, High Reward?. Cardano’s $100 million ADA plan is bold, and it signals a shift toward aggressive growth in a…
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Charles Hoskinson, the well-known co-founder of Cardano, has proposed a major new plan: to spend $100 million in ADA from the project's treasury to help jumpstart the network’s…
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The proposal includes converting some of Cardano’s treasury ADA into a mix of Bitcoin (BTC) and Cardano-native stablecoins, such as USDM, USDA, and iUSD.
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He called the network’s poor stablecoin adoption a major weakness, stating:
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“What is killing Cardano is our stablecoin situation. This would start to solve it.”
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Hoskinson also argued that the plan could help the treasury generate non-inflationary income—revenue that doesn’t require creating more ADA—and breathe new life into the broader…
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Despite the potential upside, many in the Cardano community are concerned about one thing: the impact of selling $100 million worth of ADA on the open market.
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If such a large amount of ADA were sold all at once, wouldn’t it push the price down?
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In a livestream, he dismissed fears of a price crash, explaining that the market is deep enough to absorb the sale without any real impact. He claimed:
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“100 million in ADA can be placed in the market within 90 days with no movement of the price. The markets are deep. Billions of dollars of ADA trade hands every week.”
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He added that belief in Cardano’s future could create enough demand to match the sale. If such a sale did cause extreme volatility, he argued, it would suggest the market is far…
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