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<article>
<div>
		<ul>
<li><b>Cardano’s (ADA) Charles Hoskinson has confirmed that Bitcoin is officially live on the Lace wallet after a successful audit. </b></li>
<li><b>The wallet could also roll out full XRP mainnet integration after Hoskinson hinted at possible support as part of its multi-chain initiative. </b></li>
</ul>
<hr />
<p>In a <a href="https://www.crypto-news-flash.com/lace-wallet-integrates-bitcoin-cardano-expands-multichain-capabilities/" target="_blank">recent update</a>, CNF discussed the addition of Bitcoin to the beta version of Cardano’s Lace wallet. In that report, this was said to mark a significant move towards multi-chain functionality as part of the broader vision to unify the platform for diverse blockchain networks.</p>
<p>Today, the project’s co-founder Charles Hoskinson has confirmed that the Lace wallet has rolled out full Bitcoin mainnet integration. As <a href="https://www.lace.io/blog/lace-1-24-0-release" target="_blank">indicated</a> in an official blog post, this initiative enables Lace wallet users to buy, store, and transact Bitcoin without difficulty. Also, users are expected to leverage this development to prepare for the next evolution of Bitcoin from Layer 2 scaling to Decentralized Finance (DeFi) innovation.</p>
<p><img src="https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Screenshot_20250624-093110.jpg" alt="Cardano " srcset="https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Screenshot_20250624-093110.jpg 619w, https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Screenshot_20250624-093110-172x300.jpg 172w, https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Screenshot_20250624-093110-588x1024.jpg 588w, https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Screenshot_20250624-093110-150x261.jpg 150w, https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Screenshot_20250624-093110-450x784.jpg 450w" /></p>
<p>Commenting on this, Lace’s General Manager, Brandon Wolf, highlighted that Bitcoin integration is a logical step towards preparing for the future of blockchain.</p>
<blockquote><p>The future of blockchain is multichain, and with Lace, we’re making sure users have everything they need in one powerful, easy-to-use wallet. Building on the foundations we have established with Cardano, we identified Bitcoin as the logical next step. And we’re just getting started.</p></blockquote>
<p>As <a href="https://www.crypto-news-flash.com/cardano-news-lace-wallet-to-integrate-xrp-founder-confirms/" target="_blank">discussed</a> earlier, Hoskinson has also confirmed that the Lace wallet would provide support for XRP after disclosing an extensive deliberation with Ripple CEO Brad Garlinghouse and CTO David Schwartz.</p>
<p>Our research shows that Lace was launched in 2023 on the Cardano mainnet. However, it only supported ADA until upgrades were executed to transform it into a multi-chain wallet.</p>
<p>Prior to this latest update, Hoskinson had announced in December 2024 that the team would pursue Bitcoin DeFi in 2025. With this, he hinted that they would collaborate with multi-chain computational protocol Fair Gate Labs to achieve this goal. In May, Cardano announced a partnership with BitcoinOS to enhance DeFi through the launch of the Bitcoin bridging system via Grail Bridge.</p>
<p>As <a href="https://www.crypto-news-flash.com/cardano-mainnet-welcomes-first-direct-btc-transfer-via-bitcoinos/" target="_blank">mentioned</a> in our recent news brief, a bridgeless transfer of 1BTC was successfully transferred to the Cardano mainnet via the BitSNARK protocol and the xBTC token standard.</p>
<h3>Cardano (ADA) Price Reaction</h3>
<p>ADA swiftly reacted to the ceasefire reports that suggested an end to the 12-day war between Israel and Iran, rising by <span><b>6%</b></span> in the last 24 hours. According to <a href="https://www.crypto-news-flash.com/marketcap/" target="_blank">our data</a>, the asset is now trading at $0.58 as its trading volume surges by <span><b>15.8%.</b></span></p>
<p>As <a href="https://www.crypto-news-flash.com/cardano-slips-below-key-support-as-selling-pressure-mounts-ada-rebound-off-the-table/" target="_blank">noted</a> in our earlier post, investors who have held the asset in the last 90 days are still in profit. However, its development activities have been on a steady decline since February 2025. In the long run, Hoskinson expects a complete turnaround. According to our <a href="https://www.crypto-news-flash.com/cardano-or-solana-the-altcoin-to-watch-for-massive-2026-gains/" target="_blank">recent analysis</a>, he predicts that ADA could make an explosive run to three major levels – $3, $5, and $10.</p>
<hr /><h6>Recommended for you:</h6>
	</div>
<p>This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.</p>			</article><section>
	<img srcset="https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-96x96.jpg 96w, https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-300x300.jpg 300w, https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-150x150.jpg 150w, https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-450x450.jpg 450w, https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-24x24.jpg 24w, https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-48x48.jpg 48w, https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi.jpg 720w" src="https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-96x96.jpg" alt />	
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		<p>John is a seasoned cryptocurrency and blockchain writer and researcher, boasting an extensive track record of years immersed in the ever-evolving digital frontier. With a profound interest in the dynamic landscape of emerging startups, tokens, and the intricate interplay of demand and supply within the crypto realm, John brings a wealth of knowledge to the table.
His academic background is marked by a Bachelor's degree in Geography and Economics, a unique blend that has equipped him with a multifaceted perspective. This diverse educational foundation allows John to dissect the geographical and economic factors influencing the cryptocurrency market, offering insights that go beyond the surface.
John's dedication to the crypto and blockchain space is not merely professional but also personal, as he possesses a genuine passion for the technologies that underpin this revolutionary industry. With his astute research skills and commitment to staying at the forefront of industry trends, John is a trusted voice in the world of cryptocurrencies, helping readers navigate the complex and rapidly changing terrain of digital assets and blockchain innovation.
John Kiguru is an accomplished editor with a strong affinity for all things blockchain and crypto. Leveraging his editorial expertise, he brings clarity and coherence to complex topics within the decentralized technology sphere. With a meticulous approach, John refines and enhances content, ensuring that each piece resonates with the audience.
John earned his Bachelor's degree in Business, Management, Marketing, and Related Support Services from the University of Nairobi. His academic background enriches his ability to grasp and communicate intricate concepts within the blockchain and cryptocurrency space.
Business Email: <a target="_blank" href="https://www.crypto-news-flash.com/cdn-cgi/l/email-protection">[email protected]</a> 
Phone: +49 160 92211628</p>
	</div>
</section>

Crypto News Flash (EN)

Cardano Wallet Integrates Bitcoin—Is XRP the Next Big Addition?

<article>
<div>
		<ul>
<li><b>Cardano (ADA) continues to struggle as its daily active addresses remain steady while its Development Activities decline by 30%. </b></li>
<li><b>Analysts, however, expect a rebound to be triggered by the upcoming Leios upgrade and the much-anticipated ADA Exchange Traded Fund (ETF) launch. </b></li>
</ul>
<hr />
<p>Cardano (ADA) is moving within a tight range on the 24-hour time frame, surging from its daily low of $0.51 to $0.54. According to CoinMarketCap data, the asset has declined by <span><b>0.6%</b></span> in the last 24 hours, extending its weekly fall to <span><b>15%.</b></span> However, its daily trading volume has surged by <span><b>30%</b></span> as $1 billion changes hands at press time.</p>
<p>Historically, ADA was trading at $0.57 in April 2025. As of mid-May, the asset had surged to $0.8. However, this level was not sustainable as the price declined to $0.65 before staging another rebound to $0.72 earlier this month.</p>
<h3>Cardano’s (ADA) On-Chain and Price Activities</h3>
<p>Analyzing Cardano’s on-chain data, we found that the current bearish trend is supported by the number of daily active addresses, which have remained steady for some time now. Meanwhile, its development activities have been declining since February 2025. In the last 30 days, it has fallen by <span><b>30%.</b></span> Apart from this, Cardano’s Total Value Locked (TVL) has also recorded a daily decline of 3.7% to $231.5 million.</p>
<figure><img src="https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Cardano-Santiment-comp-768x260-1.png" alt="Ada " srcset="https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Cardano-Santiment-comp-768x260-1.png 768w, https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Cardano-Santiment-comp-768x260-1-300x102.png 300w, https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Cardano-Santiment-comp-768x260-1-150x51.png 150w, https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Cardano-Santiment-comp-768x260-1-450x152.png 450w" /><figcaption>Source: <a href="http://santiment.net/" target="_blank">Santiment</a></figcaption></figure>
<p>While the market threatens to extend its current downtrend, investors who have held ADA in the last 90 days are still in profit, according to Santiment data. The ongoing bearish run has also presented a fresh opportunity for investors to accumulate.</p>
<p>A senior official of the current US administration, Thomas Thorgersen, has, for instance, confirmed his investment in the asset. As <a href="https://www.crypto-news-flash.com/cardano-gets-political-boost-as-trumps-aide-reveals-ada-investment/" target="_blank">indicated</a> in our recent publication, Thorgersen is holding between $1,001 to $15,000 in ADA.</p>
<p>Regardless of the current trend, an analyst called Alex Becker expects a rebound by at least 5x. As <a href="https://www.crypto-news-flash.com/cardano-or-solana-the-altcoin-to-watch-for-massive-2026-gains/" target="_blank">explained</a> in our last analysis, Becker argues that the Cardano network is very fast and currently operates as the most decentralized blockchain behind Ethereum. Others also believe that the expected upsurge could be triggered by the much-anticipated Leios upgrade. As <a href="https://www.crypto-news-flash.com/cardano-founder-suggests-leios-and-hydra-as-solana-experiences-network-hiccups/" target="_blank">noted</a> in our earlier post, this initiative is expected to increase transaction speed and improve scalability.</p>
<p>The implementation timeline is also being accelerated to 2026 to position it ahead of competitors. Until then, Cardano is already recording an increasing activity on the network as total transactions cross 110.43 million while the number of projects building on the blockchain reaches 2004, according to its weekly report dated June 13. As <a href="https://www.crypto-news-flash.com/2000-projects-now-building-on-cardano-bullish-signal-for-ada-price/" target="_blank">highlighted</a> in our earlier discussion, the Consensus team recently worked on the Leios ledger and protocol design by adding transactions to the Haskell Leios simulator.</p>
<p>Apart from this, the price of ADA could also be fueled by the potential approval of its Exchange Traded Fund (ETF) application, which is expected to be approved this year. As <a href="https://www.crypto-news-flash.com/cardano-or-solana-the-altcoin-to-watch-for-massive-2026-gains/" target="_blank">discussed</a> in our earlier blog post, Bloomberg’s ETF analysts James Seyffart and Eric Balchunas believe that it has a 65% chance of approval in 2025.</p>
<hr /><h6>Recommended for you:</h6>
	</div>
<p>This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.</p>			</article><section>
	<img srcset="https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-96x96.jpg 96w, https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-300x300.jpg 300w, https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-150x150.jpg 150w, https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-450x450.jpg 450w, https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-24x24.jpg 24w, https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-48x48.jpg 48w, https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi.jpg 720w" src="https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-96x96.jpg" alt />	
	<div>
		<p>John is a seasoned cryptocurrency and blockchain writer and researcher, boasting an extensive track record of years immersed in the ever-evolving digital frontier. With a profound interest in the dynamic landscape of emerging startups, tokens, and the intricate interplay of demand and supply within the crypto realm, John brings a wealth of knowledge to the table.
His academic background is marked by a Bachelor's degree in Geography and Economics, a unique blend that has equipped him with a multifaceted perspective. This diverse educational foundation allows John to dissect the geographical and economic factors influencing the cryptocurrency market, offering insights that go beyond the surface.
John's dedication to the crypto and blockchain space is not merely professional but also personal, as he possesses a genuine passion for the technologies that underpin this revolutionary industry. With his astute research skills and commitment to staying at the forefront of industry trends, John is a trusted voice in the world of cryptocurrencies, helping readers navigate the complex and rapidly changing terrain of digital assets and blockchain innovation.
John Kiguru is an accomplished editor with a strong affinity for all things blockchain and crypto. Leveraging his editorial expertise, he brings clarity and coherence to complex topics within the decentralized technology sphere. With a meticulous approach, John refines and enhances content, ensuring that each piece resonates with the audience.
John earned his Bachelor's degree in Business, Management, Marketing, and Related Support Services from the University of Nairobi. His academic background enriches his ability to grasp and communicate intricate concepts within the blockchain and cryptocurrency space.
Business Email: <a target="_blank" href="https://www.crypto-news-flash.com/cdn-cgi/l/email-protection">[email protected]</a> 
Phone: +49 160 92211628</p>
	</div>
</section>

Cardano Slips Below Key Support as Selling Pressure Mounts- ADA Rebound Off the Table?

<article>
<div>
		<ul>
<li><b>The race for dominance is still on as analysts tip Cardano (ADA) to outshine Solana (SOL) this cycle due to its better “risk-to-reward potential.” </b></li>
<li><b>Cardano has been predicted to rise to $3, $5, and $10, while SOL is expected to reach as high as $ 4,000. </b></li>
</ul>
<hr />
<p>The much-anticipated broad market bull run is fast approaching. Fascinatingly, Cardano (ADA) and Solana (SOL) have been among the most talked-about assets, with some analysts tipping the two to dominate the market from the third quarter of 2025 (Q3 2025) to the first half of 2026.</p>
<p>Recently, Cardano co-founder Charles Hoskinson hinted at his preparation for this moment by proposing the conversion of 140 million ADA to USDM (Cardano’s premier fiat-backed stablecoin) to solve the existing liquidity problem on the network.</p>
<p>As <a href="https://www.crypto-news-flash.com/charles-hoskinson-proposes-100m-ada-stablecoin-move-to-boost-cardano-defi/" target="_blank">noted</a> in our earlier post, Cardano’s community members, including a popular Decentralised Representative dubbed Whale, warned that this would rather force traders to exit the market in anticipation of a price decline. Similarly, Solana co-founder Anatoly Yakovenko opposed this idea, describing it as a reflection of poor treasury management.</p>
<h3>Cardano (ADA) Vs Solana (ADA)</h3>
<p>Regardless of Yakovenko’s opinion on Cardano’s proposed decisions, analysts, including Alex Becker, <a href="https://youtu.be/YybK5V3Xqk0?si=GkPlgDYgpf9RGlDT" target="_blank">believe</a> that ADA could outshine SOL this cycle. Presently, Solana has a better edge with a market cap of $77.9 billion, trading at $147 after printing <span><b>1%</b></span> gains on its daily price chart. Comparatively, ADA has a market cap of just $21 billion. Across all of its major trading sessions, ADA has recorded losses with a current price of $0.60.</p>
<p>However, Alex Becker argues that ADA has a better upside potential with the likelihood to rise between 5x and 8x. Becker has also been bullish on ADA for a long time, as evident in his $5 prediction in March.</p>
<p><img src="https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Screenshot_20250620-1026122.jpg" alt="Ada " srcset="https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Screenshot_20250620-1026122.jpg 625w, https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Screenshot_20250620-1026122-175x300.jpg 175w, https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Screenshot_20250620-1026122-599x1024.jpg 599w, https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Screenshot_20250620-1026122-150x257.jpg 150w, https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Screenshot_20250620-1026122-450x770.jpg 450w" /></p>
<p>In an April video, he disclosed that he has accumulated a massive amount of ADA. To him, Cardano is “as fast as hell” and currently exists as one of the most decentralized and reasonable blockchains behind Ethereum.</p>
<p>Apart from him, Hoskinson has also maintained a consistent position on the value proposition of the asset. As <a href="https://www.crypto-news-flash.com/cardano-price-hoskinson-predicts-ada/" target="_blank">detailed</a> in our last news piece, Hoskinson has positioned ADA’s long-term target at $3, $5, and $10.</p>
<p>Fascinatingly, a section of the crypto community also argues that SOL could outshine ADA, with the potential approval of the SOL ETF being a main factor. As <a href="https://www.crypto-news-flash.com/72-crypto-etfs-await-sec-greenlight-key-xrp-etf-deadlines-revealed/" target="_blank">mentioned</a> in our previous news brief, Bloomberg analysts Eric Balchunas and James Seyffart have disclosed that SOL ETF has a 70% approval odds.</p>
<p>Meanwhile, another report has fixed its approval chance in 2025 at 90% while fixing that of the ADA ETF at 65%. If this is anything to go by, SOL could also record a <a href="https://www.crypto-news-flash.com/solana-price-prediction-could-sol-reach-4700-after-breaking-this-pattern/" target="_blank">significant surge</a> even though ADA has a better “risk-to-reward potential.”</p>
<p>Above all, Cardano has recently recorded a “booming” network activity with more than 2000 projects being built on the blockchain as of June 13. As <a href="https://www.crypto-news-flash.com/2000-projects-now-building-on-cardano-bullish-signal-for-ada-price/" target="_blank">highlighted</a> in our previous article, its total transactions have also surpassed 110.43 million, with 352 DReps registered on the network.</p>
<hr /><h6>Recommended for you:</h6>
	</div>
<p>This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.</p>			</article><section>
	<img srcset="https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-96x96.jpg 96w, https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-300x300.jpg 300w, https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-150x150.jpg 150w, https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-450x450.jpg 450w, https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-24x24.jpg 24w, https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-48x48.jpg 48w, https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi.jpg 720w" src="https://www.crypto-news-flash.com/wp-content/uploads/2023/12/John-Kumi-96x96.jpg" alt />	
	<div>
		<p>John is a seasoned cryptocurrency and blockchain writer and researcher, boasting an extensive track record of years immersed in the ever-evolving digital frontier. With a profound interest in the dynamic landscape of emerging startups, tokens, and the intricate interplay of demand and supply within the crypto realm, John brings a wealth of knowledge to the table.
His academic background is marked by a Bachelor's degree in Geography and Economics, a unique blend that has equipped him with a multifaceted perspective. This diverse educational foundation allows John to dissect the geographical and economic factors influencing the cryptocurrency market, offering insights that go beyond the surface.
John's dedication to the crypto and blockchain space is not merely professional but also personal, as he possesses a genuine passion for the technologies that underpin this revolutionary industry. With his astute research skills and commitment to staying at the forefront of industry trends, John is a trusted voice in the world of cryptocurrencies, helping readers navigate the complex and rapidly changing terrain of digital assets and blockchain innovation.
John Kiguru is an accomplished editor with a strong affinity for all things blockchain and crypto. Leveraging his editorial expertise, he brings clarity and coherence to complex topics within the decentralized technology sphere. With a meticulous approach, John refines and enhances content, ensuring that each piece resonates with the audience.
John earned his Bachelor's degree in Business, Management, Marketing, and Related Support Services from the University of Nairobi. His academic background enriches his ability to grasp and communicate intricate concepts within the blockchain and cryptocurrency space.
Business Email: <a target="_blank" href="https://www.crypto-news-flash.com/cdn-cgi/l/email-protection">[email protected]</a> 
Phone: +49 160 92211628</p>
	</div>
</section>

Cardano (ADA) or Solana (SOL)? The Altcoin to Watch for Massive 2026 Gains

<article>
<div>
		<ul>
<li><b>Cardano’s (ADA) Charles Hoskinson is contemplating converting 140 million ADA to USDM to solve the liquidity problem on the network. </b></li>
<li><b>Some market participants have argued that this could disrupt the market momentum and cause a significant price decline.</b></li>
</ul>
<hr />
<p>Cardano co-founder Charles Hoskinson has made an audacious proposal to resolve the low stablecoin liquidity concerns in the network’s Decentralised Finance (DeFi) ecosystem.</p>
<p>During his usual AMA session, Hoskinson <a href="https://twitter.com/IOHK_Charles/status/1933146987919974841?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1933146987919974841%7Ctwgr%5E974df2f88deaa0bb12547e96a42dccedb83dfa99%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fthecryptobasic.com%2F2025%2F06%2F13%2Fcardano-founder-says-100m-ada-conversion-to-stablecoin-wont-impact-price%2F" target="_blank">admitted</a> that the ratio of stablecoin market capitalisation to total DeFi Total Value Locked (TVL) is relatively lower than on other blockchains. Our research confirms that Ethereum has a ratio of 195% while Solana has 125%.</p>
<p>Comparatively, Cardano only has a ratio of 9.65%, with its treasury holding 1.7 billion ADA ($1.23 billion). Meanwhile, Hoskinson expects its TVL amount to surpass the combined value of Ethereum and Solana in the near term, as <a href="https://www.crypto-news-flash.com/cardano-hoskinson-predicts-cardano-tvl-boom-with-xrp-and-bitcoin-integration/" target="_blank">outlined</a> in our recent news brief.</p>
<p>To offset this problem, Hoskinson suggested that a whopping amount of 140 million ADA ($100 million) should be converted to USDM (Cardano’s premier fiat-backed stablecoin). With an annual return of between 5% and 10%, this would improve liquidity and significantly fill the existing vacuum. Interestingly, this suggestion has created mixed reactions within the Cardano community.</p>
<h3>Reactions Within the Cardano Community</h3>
<p>While a section of the community members believe that this move could strengthen DeFi participation without any disruption, others, including a popular Decentralised Representative dubbed Whale, argue that this could lead to a serious market distraction. It is believed that this move could delay potential upsurges, including the predicted run to $15, as <a href="https://www.crypto-news-flash.com/cardano-price-forecast-can-ada-rally/" target="_blank">mentioned</a> in our recent blog post.</p>
<p>According to Whale, pushing 140 million ADA would force traders to exit the market in anticipation of a downturn, subsequently reducing the market value. Instead, Whale suggests that a crypto-backed <a href="https://www.crypto-news-flash.com/ada-founder-charles-hoskinson-unveils-cardanos-plans-with-chainlink-bitcoin-liquidity-and-stablecoins/" target="_blank">stablecoin</a> like ObyUSD should be minted to successfully inject liquidity without direct sales of ADA.</p>
<blockquote><p>No. I can’t support 140m ADA sell pressure in current market conditions, although I acknowledge it could strengthen Cardano’s DeFi ecosystem significantly. There might be a time where this makes sense, for instance, ADA is flying high and has turned, and we’re all already.</p></blockquote>
<p>Responding to this, Hoskinson assured that there is a better way to do this without necessarily disrupting the market. According to him, using Over The Counter (OTC) or Time-Weighted Average Price (TWAPs) could easily solve this issue. Additionally, he believes that the stablecoin situation has been a major issue on the network. Injecting liquidity would generate some non-inflationary revenue for the treasury and strongly build the DeFi economy.</p>
<p><img src="https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Screenshot_20250613-0807582.jpg" alt="Cardano " srcset="https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Screenshot_20250613-0807582.jpg 624w, https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Screenshot_20250613-0807582-148x300.jpg 148w, https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Screenshot_20250613-0807582-505x1024.jpg 505w, https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Screenshot_20250613-0807582-150x304.jpg 150w, https://www.crypto-news-flash.com/wp-content/uploads/2025/06/Screenshot_20250613-0807582-450x913.jpg 450w" /></p>
<p>Joining the discussion, another market participant identified as PlayfulOtter drew Hoskinson’s attention to an existing market trend where a $3 to $5 billion in sell volume triggers a 15% to 20% market fall.</p>
<p>Meanwhile, ADA is already struggling as it records significant declines on its major trading sessions, falling by <span><b>7.5%</b></span> in the last 24 hours, <span><b>0.67%</b></span> in the last seven days, <span><b>22.5%,</b></span> in the last 30 days, and <span><b>13%</b></span> in the last 90 days. At press time, the asset was trading at $0.63 after falling from its daily high of $0.68. However, analysts believe that there could be a rebound.</p>
<p>As <a href="https://www.crypto-news-flash.com/1233-ada-rally-analyst-shares-5-ingredients-for-cardanos-10-target/" target="_blank">highlighted</a> in our last analysis, ADA could surge to $10, but would depend on multiple factors, including the approval of the spot ADA Exchange Traded Funds (ETFs). The US Securities and Exchange Commission (SEC) was expected to make decisions by May 29, but it delayed. As <a href="https://www.crypto-news-flash.com/cardano-faces-triangle-breakdown-ahead-of-crucial-ada-etf-deadline/" target="_blank">noted</a> in our previous discussion, the third decision deadline for the Grayscale Cardano Trust is currently fixed on October 19.</p>
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<p>This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.</p>			</article><section>
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