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Crypto

Cardano down 92 percent but crypto researcher says it is not a dead asset

A crypto researcher said Cardano’s key challenge is securing network usage commensurate with its market value, rather than its technology. He pointed to a wide gap between Cardano’s valuation and real economic activity, noting its low DeFi total value locked versus its market capitalisation. He cited USDCx as a way to boost liquidity, welcomed governance changes and scalability efforts, and said the treasury must translate into users, liquidity, activity and applications.

Crypto

Cardano founder Hoskinson bristles at criticism of ADA performance

Cardano (ADA) founder Charles Hoskinson pushed back against criticism that the ADA ecosystem lacks liquidity and real-world usage, pointing to recent launches and infrastructure integrations. The dispute began after a community participant said launching the Midnight network separately harmed ADA holders, which Hoskinson denied. He cited work on RealFi, Midnight, Forge and integrations with LayerZero, Fireblocks, ICE and Circle. The debate has extended to on-chain figures including DeFi TVL, stablecoin supply and DEX volumes.

Crypto

Cardano Foundation says OpenUSD integration possible after Visa, Ripple join

The Cardano Foundation publicly raised the possibility of expanding links with the OpenUSD (OUSD) ecosystem. It said partner Brale joined OpenUSD as a launch partner and could help broaden connections with Cardano. The foundation said it is also considering other integration options and will disclose details if discussions progress. The comments came after criticism that Cardano was absent from a public list of organisations linked to OpenUSD.