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8h ago

Hoskinson Predicts 100×–1000× Rally for ADA and Calls for $100M Treasury Conversion

His call to reallocate $100 million from Cardano’s treasury into Bitcoin and stablecoins has divided stakeholders over the network’s liquidity strategy

Cardano ADA
Cardano, ADA
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Overview

  • ADA is trading near $0.78, struggling to clear $0.80 resistance despite slight capital inflows and community optimism.
  • Hoskinson forecasts ADA could grow 100×–1000× based on its $27.5 billion market cap, 60% staking rate, and potential as a Bitcoin DeFi yield layer.
  • He contrasts Cardano’s upside with Bitcoin’s projected 10× gain, arguing ADA’s smaller size offers more room for exponential growth.
  • His proposal to convert up to $100 million of treasury ADA into Bitcoin and stablecoins aims to underwrite a planned Cardano stablecoin but has split community opinion.
  • Critics warn that Cardano still trails Ethereum and Solana in DeFi usage and faces regulatory and technical challenges that could hamper its expansion.