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Hey, you've probably seen the news in your feed about Cardano founder Charles Hoskinson being accused of embezzling money from the project's treasury. Sounds like a bolt from the blue, right? Let's break down what actually happened without the extra emotion.
The Scandal's Core
It all started with accusations from a Staking Pool Operator (SPO). They claimed that Hoskinson was using funds from the Cardano treasury to finance his personal projects. This instantly blew up the community and sparked a wave of debate.
But there's a crucial nuance here that many are ignoring: while Hoskinson is being made the scapegoat, the Cardano Foundation—another powerful organization within the ecosystem—continues to quietly receive rewards from staked ADA. It was this "double standard" that pushed Charles over the edge.
Hoskinson's Response: "I'm Being Cast as the Villain"
Charles reacted sharply and quite emotionally. He called the accusations ironic and pointed out the hypocrisy within the community.
His tweet is telling:
"I love it when I see 'Charles is the enemy of Cardano and needs to go' and then 'We're having a great time working with the CF.'"
His main grievance is that he has been portrayed as Cardano's main antagonist for years, while the decisions that actually slow down development (in his opinion) often come from the Cardano Foundation.
Behind the Scenes: IOG vs. The Cardano Foundation
This conflict isn't new. The tension between Hoskinson's company, Input Output Global (IOG), and the Foundation has been smoldering for years. It all boils down to two things: money and power.
The Budget Battle: The Foundation recently proposed a cut of 31 million ADA to the ecosystem's development budget for 2025. These cuts primarily impact IOG. Hoskinson sees this as an attempt to undermine his company.An Accountability Problem: Charles has also openly criticized the Cardano Foundation's unelected board of directors, calling it unaccountable to the community. He claims that last year, this board even planned to vote against the entire ecosystem budget.
A Ray of Hope: The Midnight Project
Despite the internal squabbles, Hoskson continues to push forward, placing his biggest bet on Midnight—a data protection-based blockchain.
He calls Midnight "the most revolutionary project in Cardano's history." And for good reason: the project has already attracted giants like Brave, Blockchain.com, and Google Cloud. Hoskinson emphasizes that all of Midnight's partnerships are partnerships for the entire Cardano ecosystem, as it's its native token.
Furthermore, Midnight is expected to solve key ADA problems: it will bring oracles, stablecoins, and, importantly, will become the first Cardano native token to launch on all major exchanges from the start.
What About the ADA Price?
While the giants argue, investors suffer. The internal strife clearly isn't boosting market confidence. ADA recently broke through key support levels and fell below $0.66, showing a drop of more than 9% in a short period.
So, What's the Bottom Line?
What we're seeing isn't just a simple argument, but a deep governance rift within one of the most famous blockchain projects. On one side, a charismatic founder driving his ambitious projects and accusing the Foundation of sabotage. On the other, a powerful Foundation that controls the treasury and, in the opinion of some, is hindering development.
The question isn't really, "Did Charles steal the money?" The question is, who truly controls Cardano's future: the visionary founder or the unaccountable Foundation? And can the ecosystem survive this power struggle?
What do you think? Who's in the right in this conflict?
$ADA #ADA #Cardano #CharlesHoskinson #CardanoADA

The cryptocurrency market continues to demonstrate significant dynamics, and recently we have observed several interesting trends. Overall, after a period of relative stability, the market is again showing signs of growth, albeit with some volatility.
Key trends in the cryptocurrency market:

#CardanoADA
Cardano price jumps after new ecosystem report reveals 2,004 dApps now building on ADA — is a bigger rally on the horizon?
The Cardano price (ADA) has gone up by 3.1% in the past 24 hours and currently sits at 0.6440 after the project released an ecosystem update report.
The Cardano Foundation reported that a total of 2,004 decentralized applications are developing and expanding their projects within this blockchain as of June 13, 2025.

Meanwhile, the number of native assets minted on the Cardano blockchain currently sits at 10.83 million while transaction volumes rose by 0.2% compared to the previous week to stand at 110.40 million.
The number of smart contracts – known as Plutus and Aiken scripts – will soon surpass the 140,000 mark.
These figures point to Cardano’s robust and continually-expanding ecosystem. Although the network has been criticized in the past for missing out on some top trends in the crypto space like DeFi and meme coins, there are still developers who are betting on the future of this blockchain as the preferred alternative to deploy real-world applications.
Minswap is currently the largest decentralized exchange (DEX) in the Cardano network with 30-day trading volumes of $79 million. Meanwhile, Liqwid is the largest decentralized application. It specializes in lending and currently has a total value locked (TVL) of $80.9 million.
The combined TVL of Cardano dApps currently sits at $285 million as per data from DeFi Llama. This is a tiny fraction of Solana’s $8.8 billion TVL and just a breadcrumb of Ethereum’s massive $62.9 billion ecosystem.
However, the founder of Cardano, Charles Hoskinson, has always emphasized that his network’s ambitions are centered on powering real-world applications rather than just DeFi apps.
Ecosystem growth is robust according to these latest figures and that favors a bullish Cardano price prediction.

Cardano Price Prediction: ADA Could Rise to $1 If This Happens
Cardano (ADA) recovered during the week after a 4-day losing streak. The $0.600 level seems to have acted as strong support for the price action and could trigger a move toward the $0.7500 resistance in the near term.

The price is currently sitting below its short-term and long-term moving averages and these are currently the key resistances to watch for ADA. A breakout above these markers would favor a bullish Cardano price prediction.
The Relative Strength Index (RSI) seems poised to send a buy signal if it rises above the 14-day moving average.
If the price rises above $0.730 and retests that level from above, this would confirm a bullish outlook that could push ADA to $1. This means an upside potential of 37% for the token.
Apart from Cardano, the Bitcoin blockchain is has significant untapped potential for the development of DeFi applications.
A new crypto presale called Bitcoin Hyper (HYPER) aims to launch a layer-2 scaling solution that will make it possible for these dApps to thrive and unlock trillions of dollars in liquidity that would flow to Bitcoin native protocols.

Follow 🔥 Stay tuned for more updates 🚀😍🚀

#CardanoADA has been making waves in the cryptocurrency market, with a recent surge in open interest (OI) signaling growing investor confidence. Despite recent price volatility, the substantial increase in ADA's OI suggests a potential rebound on the horizon.
Understanding Open Interest
Open interest refers to the total number of outstanding or unsettled futures contracts. A rise in OI indicates increased participation and liquidity in the market, often seen as a sign of growing interest and potential price movement.
Cardano's OI Surge
According to recent data, Cardano's OI has reached a staggering 1.3 billion ADA. This significant increase reflects a growing commitment from investors in ADA futures, suggesting anticipation of positive price movement and potential stability.
Factors Driving the Optimism
Several factors contribute to the positive sentiment surrounding Cardano. Historically, ADA has shown strong performance in February, with an average growth rate of 31.3%. This historical trend, coupled with the recent OI surge, has fueled optimism among investors.
Additionally, major cryptocurrency exchanges like Gate.io, Binance, Bybit, and Bitget have witnessed significant increases in ADA open interest, further reinforcing the positive outlook.
Challenges and Potential
Despite the positive indicators, Cardano still faces challenges. The cryptocurrency has struggled to break the $1 resistance mark in recent weeks, fluctuating between $0.92 and $0.98. However, analysts believe that the increased OI could translate to higher liquidity, potentially paving the way for ADA to reclaim the $1 level.
Conclusion
The recent surge in Cardano's open interest to 1.3 billion ADA is a significant development that suggests growing investor confidence. While challenges remain, the historical performance of ADA in February, coupled with increased participation from major exchanges, indicates a potential rebound on the horizon. As the cryptocurrency market continues to evolve, Cardano's future remains promising, with the potential for significant growth and price appreciation.

Cardano (ADA) is experiencing a steep rally, with its price surging an impressive 300% over the past five weeks. The altcoin recently surpassed the $1 mark, reaching its highest level in nearly two years. However, this surge has not only sparked optimism among investors but also triggered significant profit-taking.
Small Investors Focus on Selling
In recent weeks, small ADA holders have been actively selling their holdings. Wallets containing between 100 and 10,000 ADA have offloaded over 72 million ADA, valued at more than $92 million. This trend has persisted for over a month, highlighting a shift toward profit-taking among smaller investors.
While these sales are putting some pressure on the market, they remain less significant compared to large-scale transactions made by so-called "whales." The market has yet to see a dramatic price decline, but the ongoing selling activity could indicate caution among investors, who prefer to lock in profits rather than risk potential market volatility.

Divergence as a Potential Risk
The macro momentum for Cardano reveals a more complex picture. The Price DAA Divergence indicator shows that while ADA’s price is rising, market activity isn’t increasing at the same pace. This disconnect is often seen as a bearish signal, suggesting that the rally may be driven more by speculative buying than organic investor interest.
The lack of participation from larger market players raises concerns about the sustainability of the current rally. If this trend continues, ADA’s price could face a correction, potentially undermining its current momentum.

Where is ADA Heading?
This week, ADA’s price increased by 25%, reaching $1.29, its highest level in almost two years. This rise reflects growing optimism among investors, but it also approaches critical resistance levels.
The key challenge lies in surpassing the $1.30 threshold. If Cardano manages to break through and turn this level into support, the rally could continue toward $1.50. Conversely, failure to hold above this barrier could result in a decline to the support level of $1.01, erasing recent gains and jeopardizing the bullish momentum.

Summary and Outlook
Cardano’s future depends on maintaining the psychological level of $1.30. Success at this level could confirm continued growth and strengthen investor confidence. However, failure to hold could signal the end of the current rally and a return to lower price levels. In the coming weeks, investors will closely monitor these critical thresholds.

#CardanoPredictions , #CardanoADA , #cryptowhales , #Altcoins👀🚀 , #CryptoNewss

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🚀 ADA (Cardano) in 2025: The Cryptocurrency That Returns to Investors' Radar

Cardano (ADA), one of the most ambitious projects in the crypto universe, has regained prominence in the market in 2025. After a period of consolidation, the asset has been showing solid signs of recovery, both technically and fundamentally.

🔍 What is Cardano?

Launched in 2017 by Charles Hoskinson (co-founder of Ethereum), Cardano is a third-generation blockchain that seeks to solve the main problems of previous networks: scalability, interoperability, and sustainability.