Cardano is facing a fresh round of criticism after renowned crypto market analyst Ali Martinez, known on X as Ali Charts, argued that the network’s valuation remains badly out of step with actual usage. His thesis is blunt: unless adoption improves materially, ADA’s price could face far more downside if a key support level breaks. In a post titled “The Most Useless Network in the Crypto Market,” Martinez framed Cardano as a chain with a large market value but comparatively weak onchain traction. He wrote, “Cardano ranks among the largest cryptocurrencies by market value, yet the level of real activity on the network remains relatively small.” Could Cardano Fall Another 80%? He then tied that directly to DeFi participation, arguing that “the amount of capital locked in Cardano’s DeFi ecosystem has never exceeded $1 billion, and it has historically been only a fraction of what is locked on competing platforms like Ethereum. Even some newer chains, such as SUI, have already surpassed it in usage.” Related Reading: Cardano Red Month Is Far From Over: Analyst Predicts Crash To This Target That gap between valuation and network activity sits at the center of his bearish case. Martinez argued that when “a network is valued in the billions but only a limited amount of capital and applications are actually using it, the price may be driven more by speculation than by real demand.” In his view, Cardano has yet to establish the kind of durable product-market fit that tends to sustain long-term capital inflows in crypto. He sharpened that comparison by placing Cardano alongside two ecosystems that, in his telling, already carved out clearer roles in the market. “Unlike Ethereum, which has built a dominant position in DeFi, or Solana, which has captured high-speed consumer applications, Cardano still lacks a clear use case that consistently attracts users, developers, and investors,” he wrote. The point was not simply that Cardano is smaller than those chains, but that it still has not locked in a sector where it is the default destination for activity. Related Reading: Cardano Sharks & Whales Quietly Accumulate 819M ADA Amid Price Decline Martinez also pointed to Cardano’s development model as a structural constraint. “Another concern for me is the pace of development and the increasingly competitive environment,” he said. “Cardano follows a research-driven model that prioritizes academic review and formal verification. While that approach can improve security and design quality, it has also resulted in a slower rollout of features compared to other blockchains.” That slower cadence, he suggested, has had compounding effects. “Although Cardano launched in 2017, smart contracts were not introduced until 2021, giving competing ecosystems several years to build stronger network effects with more developers, applications, and liquidity.” In crypto, where network effects can become self-reinforcing, arriving late to key product layers can matter as much as technical design. The market implication of that thesis comes down to one chart level. Martinez said $0.245 is the critical support to watch. If that floor breaks decisively, he sees scope for a move to $0.112 or even $0.051, which would imply another 50% to 80% decline from that zone. He stopped short of calling the breakdown a certainty, noting that it “has not yet occurred,” but said traders waiting on the sidelines could still see a short setup if the level fails, provided risk is tightly managed. At press time, ADA traded at $0.2668. Featured image created with DALL.E, chart from TradingView.com
Like other altcoins in the space, the Cardano price has suffered a tremendous amount of losses over the last few months. This relentless sell-off has pushed the ADA price so low that it is now sitting at levels not seen since the last bear market. Even now, Cardano remains in danger of further decline, as explained by crypto analyst Lingrid in a recent analysis. Why Cardano Could Crash Further The major problem being faced by the Cardano price now is that the bulls have failed a number of times to reclaim control from the bears. With each failure, the hold by the bears becomes stronger, furthering the possibility of a bearish continuation. Related Reading: Bitcoin Bear Market Could Be Shrinking, But Are We Watching History Repeating Itself? In the analysis, crypto analyst Lingrid revealed that Cardano remains below the consolidation support at $0.26. As a result of this, the cryptocurrency has now started moving below its former structure. At the same time, the price is also below the descending resistance, showing a lot of weakness. Despite the recent recovery, the fact that the altcoin’s price eventually moved back downward proved that bears are still in control of the market. The downside of this is that the bearish continuation is likely from here, especially as the price has also been rejected at $0.26, and the price could crash further. The only way this move gets invalidated is if the Cardano price were to successfully reclaim and break above $0.27 again. 6 Months Of Red With the red close of the month of February, Cardano marked five consecutive months of red closes, making it the third time in history that this has happened, according to data from CryptoRank. The first time was back in 2021-2022, when the bear market had begun, and then again, that year, Cardano recorded another five consecutive months of red closes. Related Reading: Pundit Says XRP Price Could Reach $1,000 By End Of 2026 If This Happens While the last time ended with a major surge in the sixth month, the Cardano price is already down by more than 11% in the month of March, suggesting that the red trend could continue. Now, back in 2021-2022, was the first time in history that the digital asset saw 6 red monthly candles, and what followed was interesting. After the sixth month of red in February 2022, the Cardano price had begun to surge, eventually ending the next month with gains of 18%. However, after this, the bleed continued, and Cardano fell further. Now, if this trend were to repeat itself, then the cryptocurrency could see a relief bounce after the sixth month of red. But this would not mean an end to the decline, but rather, a precursor to more decline. Featured image from Dall.E, chart from TradingView.com
Cardano (ADA) jumped over 12% in a single day, breaking above short-term resistance and drawing renewed attention from both whales and institutional funds. The surge coincides with steady accumulation by whales and mechanical buying from index-tracking products, signaling a potential shift after months of consolidation. Related Reading: XRP Rally Incoming? Analyst Forecasts March-April Recovery If This Level Breaks The combination of rising trading activity, renewed interest in derivatives, and steady accumulation by major holders has brought Cardano back onto traders’ radars. While questions remain about long-term network activity, recent price behavior suggests that market participants are ready for significant long-term moves. ADA's price trends to the downside on the daily chart. Source: ADAUSD on Tradingview Institutional Allocation and Whale Accumulation Support Cardano’s Momentum On-chain data shows that large Cardano holders, commonly referred to as sharks and whales, have accumulated roughly 819 million ADA over the past six months. This buying occurred even as prices declined significantly, indicating that influential investors viewed lower levels as an opportunity to build positions. Institutional exposure has also increased. Asset manager Grayscale raised Cardano’s weighting within its Smart Contract Platform Select Capped Index fund to above 20%, making ADA the product’s third-largest holding. Although the adjustments are driven partly by index-tracking mechanics, the rising allocation highlights Cardano’s continued relevance among major smart-contract platforms. This accumulation trend contrasts with retail sentiment during the downturn and suggests longer-term conviction despite ongoing competition from rival blockchain ecosystems. Analysts often interpret sustained buying during price weakness as a signal that larger investors are positioning ahead of future catalysts. Technical Breakout Fuels ADA’s Price Surge ADA recorded a 12% daily gain, rising from roughly $0.26 to above $0.29, as trading volume surged to nearly 4 times its average level. The move followed a breakout above key short-term technical levels after weeks of consolidation. Momentum indicators show a recovery phase underway. The RSI remains below overbought territory, leaving room for further upside, while trend strength readings indicate a developing directional move. Rising futures open interest, which expanded by nearly 30% in a single day, suggests fresh capital entering the market rather than short covering alone. Key levels now sit near $0.31 as immediate support, while resistance appears around $0.34 and the 50-day moving average. A sustained hold above these zones could reinforce bullish momentum, whereas rejection may trigger consolidation. Ecosystem Developments Add Fundamental Narrative Beyond price action, Cardano founder Charles Hoskinson recently emphasized that the network remains competitive, citing the upcoming Midnight privacy project as evidence of continued development. The initiative has already attracted early partnerships and aims to expand enterprise and regulatory-compliant use cases. Still, mixed fundamentals persist. While derivatives activity and investor accumulation are rising, decentralized finance participation and total value locked on the network remain below previous highs, reflecting uneven ecosystem growth. Related Reading: Bitcoin Price Surges 8% — Key Drivers Behind The Recovery Toward $70,000 For now, Cardano’s rally represents a notable alignment between institutional positioning and technical momentum. Whether ADA can sustain gains above current resistance levels will likely depend on continued capital inflows and broader crypto market sentiment in the weeks ahead. Cover image from ChatGPT, ADAUSD chart on Tradingview
This year has been a tough ride for Cardano (ADA) investors, as weakening retail participation collides with renewed development activity and aggressive accumulation by large holders. Related Reading: Bitcoin Capitulation Or Buy Zone? What On-Chain Data Shows Right Now While on-chain data points to growing long-term conviction, market sentiment around ADA remains fragile, leaving the asset caught between technical pressure and ecosystem expansion efforts. Cardano sits at #11 trading near $0.28 after a sharp correction from January highs above $0.44. The price structure reflects broader cooling across the market, with declining derivatives activity and cautious trader positioning reinforcing analysts’ description of a “survival mode” environment for the token. ADA's price trends to the downside on the daily chart. Source: ADAUSD on Tradingview Market Fatigue Weighs on Cardano (ADA) Price Momentum Cardano founder Charles Hoskinson recently warned that the crypto market could face another 90 to 180 days of slow conditions, citing retail exhaustion following years of market shocks, including exchange failures, regulatory uncertainty, and repeated speculative cycles. Derivatives data support this cautious outlook. Open interest in ADA futures has dropped to roughly $447 million, alongside declining trading volumes, signaling reduced conviction among traders. Funding rates have also turned negative, suggesting bearish sentiment is building in leveraged markets. Technically, ADA is testing key support levels. The token continues to defend an ascending trendline formed after February’s lows near $0.22, while resistance remains clustered around the $0.29–$0.30 region. Analysts note that repeated tests of support increase the risk of breakdown, potentially exposing downside targets near $0.25 if selling pressure intensifies. Despite the weakness, higher-low formations and stabilization above short-term moving averages leave room for recovery should broader market sentiment improve. Whales Step In as Retail Interest Declines While retail demand fades, large holders appear to be taking the opposite approach. On-chain data shows wallets holding between 10 million and 100 million ADA accumulated more than 220 million tokens, valued at over $61 million, during the recent price dip. The Mean Coin Age metric has reached a three-month high, indicating long-term holders are largely refraining from selling. Historically, this combination of whale accumulation and reduced token movement can tighten circulating supply and help establish price floors during downturns. Some analysts argue that February’s lows could represent a longer-term entry zone if market conditions stabilize, though they caution that historical rebounds do not guarantee future performance. DeFi Expansion Plans Aim to Shift Narrative Beyond price action, Cardano is advancing with ecosystem upgrades to strengthen its decentralized finance (DeFi) ecosystem. The network plans to launch USDCx, a USDC-backed stablecoin intended to address liquidity shortages that have limited DeFi growth on the chain. In parallel, Cardano is integrating the LayerZero interoperability protocol, enabling connections to more than 140 blockchain networks, including Ethereum and Solana. The move is expected to expand cross-chain liquidity access and attract developers seeking broader user bases. Related Reading: Ethereum Staking Reaches Historic Levels, Price Hovers Near $2K Development activity remains high, with hundreds of repository updates focused on wallet improvements, cross-chain communication, and network infrastructure. However, market reaction has so far remained muted, suggesting investors are waiting for measurable adoption rather than announcements alone. Cover image from ChatGPT, ADAUSD chart on Tradingview
Cardano founder Charles Hoskinson says the crypto market is headed for “90–180 days” of more grind, not because the industry lacks catalysts, but because retail is exhausted and the narrative that kept people engaged has stopped working. Speaking with CoinDesk at Consensus 2026 in Hong Kong, the Input Output CEO framed the current drawdown as a morale problem as much as a market one. “This one particularly stings because we expected a really strong cycle in 2025 and we didn’t quite get it,” he said. “So, a lot of people are pretty bitter about it… We just got to get through the next 90-180 days. It’s going to be tough.” Cardano Founder On What Went Wrong For Crypto Hoskinson’s core point was that crypto has spent years promising a near-term “magic fix,” then watching the market fail to respond even when those fixes arrived. He rattled off the sequence retail has lived through: NFT mania, the collapse of Luna, collapse of FTX, the “scary Gary era,” memecoin mania, and “all the Trump stuff” and argued that each cycle offered the same story: endure the pain now, because something big is coming in 6–12 months. “And we got all the mcguffins,” he said. “We got BlackRock coming in. We got the US government doing the reserve thing. We got good regulation with Genius to start… all the things that we were looking for happened and then nothing happened afterwards.” Related Reading: Cardano May Be At A Prime Buying Point, Analyst Says To explain the mood, Hoskinson leaned on a vivid travel metaphor: “We got to the town and the hotel was closed, the restaurants closed and we’re like where do we sleep and eat? … people are deeply frustrated.” That frustration, in his telling, has turned into a broader disengagement. Retail isn’t shocked by volatility, it’s bored and worn down by the repeated promise that the next institutional wave, the next regulatory milestone, or the next narrative pivot will make the market “work” again. Hoskinson also cast the next phase of adoption as politically contentious inside crypto itself. As more traditional finance players get involved, he warned of a future where the industry becomes “federated”, dominated by large corporate-controlled networks and where users are pushed away from self-custody. “What they want to do long term is move everybody into a custodial holder from a non-custodial holder and then ban DeFi and non-custodial wallets so they can consolidate the entire industry to like 10 or 15 of big actors,” he said, adding that it’s feeding apathy among long-time participants. He put it more bluntly a moment later: “We didn’t sign up to have Goldman Sachs and JP Morgan and BlackRock and these other guys run the industry. We signed up to build a new banking system that is pushing power to the edges.” If the industry drifts back into the hands of the institutions crypto originally positioned itself against, Hoskinson argued, the last decade of risk-taking starts to look like a round trip. How To Make Crypto Great Again Hoskinson’s proposed reset centers on making crypto usable for people who aren’t primarily there to trade. That starts with “wallet abstraction”, reducing onboarding to something like “30 seconds with a fingerprint and a pin code,” plus social recovery and then integrating those wallets into mainstream platforms so the default experience becomes non-financial. Related Reading: Cardano Nears End Of 2020-Style Correction: Is $5 To $10 Next? “Right now, I have to understand… private keys, understand how to back up wallets, all this stuff,” he said. “So, really, the only interface is for people that are doing this for financial reasons.” From there, he argued, crypto should stop “over financializing everything,” pointing to the volume of token launches as a symptom. “Anytime I hear anything, I always ask, ‘When’s the token launch?’ And I’m sorry, 11 million tokens went out last year. It’s not sustainable,” he said. He tied that thesis to what he sees as the next wave of demand: agentic AI. By 2030, Hoskinson predicted, “the majority of internet searches in commerce will be agentic,” meaning bots transact more than humans and crypto, via stablecoins and standards he referenced such as x402 becomes the rails that give those agents “economic agency.” Hoskinson also dismissed the idea that quantum fears are driving today’s downturn. “If there are, they’re stupid,” he said of anyone selling Bitcoin due to quantum risk, calling the threat “not… right now.” He pointed instead to DARPA’s Quantum Benchmarking Initiative (QBI), saying the effort is working toward measuring whether quantum computers will be meaningful “by 2033,” and argued the real issue is trade-offs: post-quantum cryptography is “5 to 10 times less efficient,” and few networks want to pay that cost today. Still, he framed the looming transition as an opportunity, especially for Bitcoin, which he said may need a hard fork to fully address post-quantum migration. For Cardano, he argued, on-chain governance makes such changes a more bounded process: “It’s a six-month conversation for us.” At press time, Cardano traded at $0.2638. Featured image from YouTube, chart from TradingView.com
Cardano’s (ADA) current price may look tempting, especially as it sits deep in oversold territory, but cheap doesn’t always mean opportunity. When momentum is absent and structure remains weak, early buyers often find themselves stuck watching price drift sideways for weeks. For ADA, the real question isn’t how low it has gone; it’s whether it has the strength to escape. Trapped In the Red Zone: Pressure, Not Opportunity Trend Rider, in a recent update shared on X, explained that ADA’s daily chart has been flashing signals that many traders interpret as a “perfect bottom.” With the price sitting at the lower end of the bands and deep in the red, the temptation to buy looks obvious. However, Rider cautioned that low prices alone are not a guarantee that a move higher is ready to begin. Related Reading: Bitcoin’s Next Peak Might Ignite ADA’s Rally, Says Cardano Creator According to the analysis using the Rider Algo, Cardano is currently pinned inside a dark red zone. While some see this area as a solid floor, Trend Rider views it as a zone of heavy pressure and exhaustion, where price often drifts sideways for extended periods, leaving traders stuck in unproductive consolidation. Rider emphasized that trying to catch absolute bottoms rarely works out, often resulting in either catching a falling knife or watching capital remain stagnant while other assets show clearer momentum. As a result, Rider’s focus is not on buying at the lowest possible price, but on waiting for confirmation that strength is returning as the key is not support, but escape. Trend Rider expects Cardano to demonstrate the ability to climb out of the red zone with conviction. Specifically, the analyst is watching for a decisive breakout and a daily close above the $0.45 level. Until that happens, the bears still control the market structure. For now, Rider’s plan is to enter at a higher price with confirmed momentum than gamble on a “perfect bottom” and hope it holds. Currently, trading is about correct timing, not arriving first. Cardano Buyers Defend $0.33–$0.36 From Marcus Corvinus’s analysis, Cardano is currently reacting from a key demand zone between $0.33 and $0.36, an area where buyers have previously stepped in to defend the price. This zone is now under close watch as it could once again play a crucial role in determining the next move. Related Reading: Cardano Nears End Of 2020-Style Correction: Is $5 To $10 Next? Corvinus noted that if the demand zone holds and bullish momentum begins to build, ADA could see a more sustained bounce, potentially opening the way toward the next major resistance level around $0.53. As things stand, this area is shaping up to be a decision point for the market. Continued buyer defense could help rebuild structure and gradually shift pressure back to the upside. Featured image from Adobe Stock, chart from Tradingview.com
Cardano (ADA) may be nearing the end of a multi-month corrective phase that closely resembles its 2020 setup, according to a new technical analysis video posted Wednesday by crypto analyst Quantum Ascend. The analyst argues that a similar “lower trendline reset” preceded ADA’s prior breakout cycle, and that several weekly indicators are now starting to turn. Cardano’s 2020 Fractal Is Back In a Jan. 7 video shared on X, Quantum Ascend said he is looking at ADA’s weekly chart through a macro, multi-leg corrective framework. “On a macro count for ADA, you’re looking at an A, B, C, D, and right now waiting on an E,” he said, framing the current market structure as the late stage of a broader consolidation rather than a fresh downtrend. That “E” leg matters in their model because it effectively marks the final phase of a wedge-like compression. Quantum Ascend pointed to an upper trendline, Fibonacci levels, and prior work published in a mid-December video to justify upside targets once the structure completes. “Essentially you have upper trendline, you have some Fib stuff in play, I have a conservative of five bucks, primary up there at $10,” he said. “And then after that, I think it gets ugly for crypto for a little while, so still a believer that alt season is ahead of us.” Related Reading: Is Cardano Entering a New Phase? Technical Strength, ETF Watch, and Ecosystem Direction Align The core of the argument, however, wasn’t the targets themselves, it was the claimed resemblance to an earlier Cardano correction. Quantum Ascend overlaid a historical “fractal” to highlight comparable price behavior: a move up to a similar level, a pullback, another push into resistance, and then a wick that tagged roughly the same area on the overlay. “This correction right here that I just took this from, look at how similar it is to that correction that we just had,” he said. “Obviously it’s not perfect, but if you tried to get it close from a price structure standpoint… look where that wick on 10.10 went, exactly right there.” In the analyst’s telling, that prior pattern was the market’s way of forcing ADA down to establish a lower trendline before the next expansion. “So this is the same exact move that Cardano had to come down to set the lower trendline,” he said. “So right now setting the lower trendline, before it went on a blast off.” He then referenced the scale of Cardano’s last major run as a reminder of what altcoin cycles have historically looked like when momentum turns. “And how far did it end up running? Well, it ended up going 170X from that point in time, from a penny all the way up to $3,” Quantum Ascend said, using that move as context for why double-digit targets don’t automatically fall into the “impossible” bucket during late-cycle expansions. Related Reading: Cardano Founder Addresses ADA Dump Rumors, Is He Behind The 80% Price Crash? The more immediate claim is that the upside implied by a $10 target is not unprecedented in percentage terms compared with prior alt cycles. “When you’re looking at how far that $10 mark is from where we’re at right now, I mean 22X, right? 25X,” he said. “What was this alt season back here? This alt season was just 2021… That was a 21X… So it’s not unreasonable to be looking for 24X there. And then even on the conservative side, more of a 12X.” On indicators, Quantum Ascend highlighted early signs of a weekly momentum shift rather than a confirmed breakout. “You have a completed ABC. This thing’s ready to turn back around,” he said, adding that broader market conditions looked supportive of a bounce. The analyst also pointed to the weekly RSI beginning to lift after an extended period near lows. “Look at the RSI here on the weekly, finally starting to curl up off the floor. We’ve been down on the floor since October 27th that week, finally getting a little juice.” The analyst described negative momentum as “been decreasing,” and referenced an “ABC” structure on MACD as another piece of the same turning narrative. “A lot of these major moves happen when the weekly RSI goes from low to high,” Quantum Ascend said, arguing that higher timeframes can be slower but more reliable when they finally rotate. Quantum Ascend closed by saying he remains constructive on the project even without a current position. “I am a big believer in this project. I don’t hold any right now. It’s just the way that my portfolio has worked out,” he said. “But I do believe that there’s going to be some massive upside coming to Cardano.” At press time, ADA traded at $0.3925. Featured image created with DALL.E, chart from TradingView.com
Cardano (ADA) is now facing renewed scrutiny following a challenging year marked by significant price losses and a slowdown in ecosystem momentum. Over recent weeks, a combination of technical signals, governance decisions, and regulatory speculation has brought ADA back into focus. Related Reading: Bitcoin ETFs Bring The Heat: $1.2 Billion Flows In First 48 Hours—Analyst While optimism has returned to parts of the market, the network now faces a critical test: whether short-term recovery can translate into sustained progress across price, adoption, and infrastructure. ADA's price trends slightly upwards on low timeframes as seen on the daily chart. Source: ADAUSD on Tradingview Cardano’s (ADA) Technical Signals Suggest Improving Momentum Cardano’s price action has shown signs of stabilization following a decline of more than 60% in 2025. Currently, ADA formed its first golden cross of 2026, with short-term moving averages crossing above longer-term averages on both hourly and two-hour charts. ADA has also printed its first positive weekly candle in over two months, reflecting improving sentiment. At the time of writing, the token is trading around the $0.41–$0.416 range, supported by higher futures open interest and daily trading volume near recent highs. However, price remains capped by resistance near $0.401, a level that aligns with the 50-day moving average and has rejected multiple breakout attempts since late 2024. A sustained move above this zone is widely seen as necessary for further upside toward higher historical ranges. Governance Funding and Ecosystem Priorities Beyond charts, Cardano has taken steps to address ecosystem development through governance. A proposal authorizing the withdrawal of 70 million ADA for critical integrations has been ratified by the network’s governing bodies. The funding is intended to support infrastructure additions such as stablecoin integrations and oracle services, including work related to USDC, USDT, and Pyth. In parallel, the Cardano Foundation has allocated additional resources to boost stablecoin liquidity, a key requirement for competitive DeFi activity. Founder Charles Hoskinson has emphasized that future success will be measured less by short-term price movement and more by growth in metrics such as active users, total value locked, and real-world usage. The upcoming Ouroboros Leios upgrade and the planned expansion of the Midnight, a privacy-focused sidechain, are central to this strategy. ETF Expectations and the 2026 Outlook Another factor shaping expectations is the prospect of a spot Cardano ETF in the United States. While no application has been approved as of December 2025, products such as the Grayscale Cardano ADA Trust remain under SEC review, with decisions now expected in early 2026. Previous approvals of Bitcoin and Ethereum spot ETFs have raised expectations, though analysts note that ADA faces additional scrutiny tied to classification debates. Related Reading: XRP Rally Reopens The $8–$12 Zone Debate, Says Will Taylor Taken together, Cardano enters 2026 at a pivotal moment. Technical indicators suggest a recovery, governance actions aim to strengthen the ecosystem, and regulatory developments could impact institutional access. Whether these elements align into a durable new phase will depend on execution in the months ahead. Cover image from ChatGPT, ADAUSD chart from Tradingview
Cardano (ADA) is closing out 2025 caught between muted price action and a growing debate about where real value may emerge next within its ecosystem. Related Reading: Dogecoin: Why This One Price Level Is Drawing All the Attention While ADA continues to trade under pressure near the mid-$0.30 range, founder Charles Hoskinson has shifted attention away from short-term price movements toward longer-term structural developments, particularly within Cardano’s decentralized finance and security roadmap. The contrast between weak market sentiment and expanding ecosystem narratives has become one of the defining features of Cardano’s current phase. ADA's price trends to the downside on the daily chart. Source: ADAUSD on Tradingview ADA Price Weakness Reflects Broader Caution Cardano (ADA) remains in a consolidation pattern after slipping below $0.37, weighed down by persistent selling pressure and declining risk appetite across the altcoin market. On-chain data shows that large holders are reducing their exposure, with tens of millions of tokens being redistributed over recent days. Derivatives metrics reinforce this cautious stance, as short positions continue to outnumber longs and momentum indicators remain subdued. Technically, ADA is trading below key moving averages, keeping the near-term outlook fragile. Analysts identify the $0.35 level as a critical support zone, with a deeper decline toward the $0.27–$0.30 range possible if sentiment deteriorates further. Founder Urges Patience on Security and Infrastructure Against this backdrop, Hoskinson has used recent commentary to address longer-term challenges rather than short-term volatility. Hoskinson has warned against rushing into post-quantum cryptography upgrades, arguing that while the tools already exist, deploying them prematurely could impose heavy performance costs on blockchains. Larger signatures and slower verification, he noted, could undermine scalability long before quantum computers become a practical threat. Hoskinson’s position reframes the security debate around timing rather than urgency. While global standards for post-quantum cryptography are now finalized, he maintains that readiness depends on hardware capabilities, network economics, and validator incentives. DEXes Framed as Long-Term Opportunity Hoskinson has also highlighted what he sees as a valuation disconnect within Cardano’s DeFi sector. Responding to recent activity around the privacy-focused sidechain Midnight and its token NIGHT, he argued that trading volumes on Cardano-based decentralized exchanges remain low relative to their potential. Stablecoins and cross-chain bridges remain central to this thesis. Without deep liquidity and reliable settlement assets, Cardano’s DEX ecosystem struggles to compete with more mature networks. Hoskinson suggested that once these components are in place, decentralized exchange activity could expand significantly, framing the current period as one of accumulation rather than stagnation. Currently, Cardano’s market narrative remains split. ADA’s price reflects caution and consolidation, while ecosystem development points to longer-term optionality. Related Reading: Altcoin Season Index Crashes To Low 17 As Bitcoin Price Struggles, What This Means Whether that divergence ultimately narrows will depend less on short-term charts and more on how effectively Cardano converts infrastructure progress into sustained on-chain activity. Cover image from ChatGPT, ADAUSD chart from Tradingview
Cardano’s ADA token has returned to a familiar but uncomfortable zone. After months of lower highs and failed recovery attempts, the price has slid back toward long-term support levels that have defined its structure for more than two years. Related Reading: XRP Hasn’t Entered A Bear Market Yet; Analyst Shares Why The move comes amid a broader market pullback, as risk appetite weakens across equities and crypto, but ADA’s decline is also being shaped by internal technical signals that traders are finding hard to ignore. ADA currently trades near $0.38–$0.39, down approximately 5.57% over the past 24 hours. That drop places the token close to a multi-year ascending support trend line that has held for nearly 900 days. ADA's price trends to the downside on the daily chart. Source: ADAUSD on Tradingview Derivatives and Positioning Point to Caution Market data indicate that traders are stepping back rather than leaning into the decline. Futures open interest in ADA has decreased by approximately 11% to around $670 million, indicating that positions are being closed rather than expanded. Funding rates have also softened, with more than 55% of tracked positions now skewed to the short side. Together, these metrics point to reduced confidence in a near-term rebound and a market that is positioning defensively. This caution is not isolated to Cardano. Altcoins across the board have come under pressure as investors adopt a risk-off stance ahead of key U.S. macroeconomic data, including inflation and labor reports, and as concerns surrounding the AI sector spill over into correlated assets like cryptocurrency. Technical Structure Near a Breaking Point On the charts, ADA’s structure remains fragile. The token recently lost the $0.53 horizontal support, confirming a bearish shift on higher timeframes. Momentum indicators reflect that change. The RSI is below 50, and the MACD remains in a negative position. Recent price action looks corrective rather than impulsive, suggesting the latest bounce may already have run its course. ADA is still hovering near its long-term diagonal support, but a clean breakdown would likely alter the outlook materially. Some analysts warn that, if this trend line fails, the price could retrace much deeper, potentially toward levels last seen during the previous bear market. Long-Term Targets Contrast With Short-Term Risk Despite the weak near-term picture, longer-term projections remain divided. One technical analyst has argued that ADA’s current consolidation resembles a prolonged corrective phase similar to the setup seen before its 2020 breakout, outlining upside targets ranging from the $5 area to above $10 in a full bull scenario. Related Reading: US Bitcoin Session Leads December Returns After Weak November However, those views hinge on the market first stabilizing and reclaiming key resistance zones. For now, ADA’s focus is simpler. The token is at a critical phase, with long-term support under pressure and sentiment cautious. Whether this level marks a base or a breakdown will likely shape Cardano’s trajectory into 2026. Cover image from ChatGPT, ADAUSD chart from Tradingview
Cardano (ADA) is getting the “2020 blastoff” treatment again — at least if you ask Quantum Ascend, a technical analyst on X who says the chart is starting to rhyme with the setup that preceded ADA’s last major run. In a Dec. 13 video shared on X, Quantum Ascend (@quantum_ascend) told followers he’s been working through a longer-term weekly count and thinks the market may be grinding toward the end of a drawn-out corrective structure. The punchline: a “conservative” target zone around $4.88–$5.50, and a “primary” bull-run target of $10.40. “Cardano Mirroring 2020 Blastoff Moment,” his post read, before laying out the two tiers: “Conservative: $4.88-$5.50” and “Primary: $10.40.” The Framework Behind The Cardano Price Prediction The framework he’s leaning on isn’t a clean five-wave impulse, he said. Instead, he framed it as something slower and messier — “more of like a large time-based macro correction here on the D-wave,” he said, describing what he believes is a triangle structure developing on the weekly chart. “We’re creating a triangle structure,” he said. “So I am going to be looking for the E-wave. That’s what ends up coming next.” Related Reading: Cardano’s December Slide Intensifies: What’s Driving the Decline and What Comes Next? A big part of the argument is confluence. Quantum Ascend walked through multiple measurements and trendlines, pointing to price zones where different tools cluster. One reference point was a prior A-to-B drawdown range that, in his view, still hasn’t been fully “closed out,” with a key level “up there at the $5.50 mark.” Then he zoomed out to the bigger structure, highlighting how an upper trendline from a C-to-D drawdown “converges with the 3.618 [Fibonacci extension] up here,” which he suggested adds weight to the $10 area. “So some confluence for that $10 area,” he said, pointing at the chart level he called out around $10.62. He also reached for a relative-performance comparison — not to Ethereum itself, but to Ethereum Classic. “I have another video from the past that compares Ethereum Classic to ADA,” he said. “And if it ends up doing a similar move to Ethereum Classic, that also puts us up into the $10 range.” Still, the near-term “safe” target he kept circling back to was the $5 region. After walking through a more recent drawdown “going back to the top of the Trump pump to where we’re at now,” he said a “full extension gets us pretty close… around $4.88,” adding that the $5 zone shows “a lot of different signs of confluence.” “For me, I’m going to say my conservative estimate for ADA is going to be that $5 range,” he said. Then he went straight to the headline number: “I think ADA gets up there around 10 bucks during this bull run.” To make the comparison feel less abstract, Quantum Ascend argued the current chop looks structurally similar to a prior period before ADA’s last breakout — a fractal-style read. “You guys notice the similarities here?” he asked, describing how both moves get “stopped out a little bit above the 0.5,” roll over, then revisit the lower trendline before pushing back to the top of the range. Related Reading: Cardano’s Recovery Stalls, but TVL Growth Signals Could Spark Year-End Upside And then he widened the lens beyond Cardano, tossing in a fairly aggressive macro view that sits underneath the bullish alt targets. “I honestly, guys, across the board right now, I believe that these corrections are coming to an end,” he said. “I think we have a blow off top in stock markets, in crypto and all of that coming.” But he also stressed he’s not married to a long-duration “supercycle” narrative. “I am not a long-term bull,” he said. “I am not [predicting a] Bitcoin super cycle to $400K.” His current bitcoin top, he added, is $155,000 — and he expects alts to “severely outperform” in the final leg before “it’s all over.” On the math side, Quantum Ascend framed $10.40 as big, but not absurd in a market that has already produced outsized multiples. “If we were to get that 1040, 25X, right?” he said, comparing it to prior cycles where ADA saw moves he pegged at “168X” and “75X.” “So we’re just talking about a 25er,” he added. “Not that crazy when you put it into perspective.” At press time, ADA traded at $0.4022. Featured image created with DALL.E, chart from TradingView.com
Cardano (ADA) is once again dealing with an unstable market stretch as its price hovers near one-year lows, but renewed optimism is building ahead of December’s long-awaited Midnight launch. Related Reading: The Bull And Bear Scenario For XRP That Could Play Out In November Despite persistent criticism over declining network usage and shrinking DeFi liquidity, fresh technical signals and upcoming ecosystem catalysts suggest the blockchain may be preparing for a recovery phase into year-end. ADA's price trends to the downside on the daily chart. Source: ADAUSD on Tradingview ADA Slumps as Liquidity and Sentiment Weaken Cardano (ADA) trades around $0.41, marking a steep 70% decline from its December 2024 peak of around $1.2 and placing the token among the weakest performers in the latest market pullback. Total value locked has plunged 36% in 30 days to $186 million, while stablecoin liquidity sits below $40 million, far behind competitors such as Monad, which neared $100 million in TVL shortly after launch. The “ghost chain” narrative resurfaced again this week after network glitches prompted jokes about Cardano’s low activity. Even Nansen’s CEO predicted ADA could fall out of the top 20 as rivals gain traction in real-world assets, gaming, and high-volume DeFi. Still, founder Charles Hoskinson insists the gloomy sentiment does not reflect what’s coming. In a recent update, he emphasized that Midnight, Cardano’s privacy-focused sidechain launching in December, is backed by major developer partnerships expected to reignite the ecosystem. Technical Structure Points to a Potential Relief Rally Despite bearish pressure, ADA’s chart shows signs of stabilizing. The token is forming a falling-wedge pattern, historically a bullish reversal indicator. The RSI sits at 30, signaling oversold conditions, while derivatives funding has turned positive, suggesting traders are positioning for upside. Key resistance levels lie at $0.49 and $0.5097, with a breakout potentially driving price toward $0.50–$0.61. Analysts warn, however, that failure to hold the $0.39–$0.40 support range could expose ADA to deeper downside toward $0.277, the August 2023 low. Midnight Launch Becomes Cardano’s Make-or-Break Catalyst With DeFi activity shrinking and market confidence fragile, the December rollout of Midnight is emerging as the pivotal moment for Cardano’s 2025 outlook. Success could trigger a meaningful rebound in TVL and development activity, metrics traders increasingly rely on as proof of real adoption. Related Reading: Capriole Founder Not Bearish On Bitcoin Despite Headwinds—Here’s Why For now, ADA remains in consolidation mode, but the convergence of oversold technicals, whale accumulation, and ecosystem upgrades sets the stage for a possible year-end upside, if Cardano can finally convert anticipation into measurable on-chain growth. Cover image from ChatGPT, ADAUSD chart from Tradingview
Cardano faced an unexpected shock when a corrupted transaction aimed at Charles Hoskinson’s personal stake pool caused the network to split for several hours. The incident triggered confusion, exposed weaknesses, and sparked a heated clash over motive and responsibility. Here is how a single action spiraled into a full-scale disruption. Cardano Founder Targeted, Network Shaken The Cardano network faced unexpected disruption on November 21, 2025, after an incident targeting the founder’s personal stake pool. What began as a ‘test’ by a stake pool operator quickly escalated into a risky experiment on the main network, where he reportedly followed unverified AI-generated instructions and submitted a malformed transaction. Related Reading: Analyst Shares Why He’s Not Worried About XRP Price – ‘The Road To Valhala The transaction exploited an obscure 2022 cryptographic library bug, causing newer nodes to parse it incorrectly while older nodes rejected it. This triggered a chain split, disrupted block production, and left validators, DeFi protocols, and everyday users struggling to stay aligned for several hours. The operator later admitted that the entire situation was the result of poor judgment, one he described as a personal challenge he handled recklessly. He insisted he had no financial motives, no collaborators, and no intention to target the founder. His message expressed regret for the disruption caused to stake pool operators and developers who had to react immediately. Many operators lost block rewards, and some decentralized applications experienced inconsistent states. While user funds remained safe, the event revealed how one misstep could trigger a chain-wide disturbance. Hoskinson Says It Was Personal And Months In The Making Despite the stake pool operator claiming no intention of harm, Cardano founder Charles Hoskinson rejected the idea that this was an accidental mistake. He stated that the individual responsible had been active in online groups known for hostility toward Cardano and its leadership. According to him, the attacker had spent months discussing ways to disrupt the project’s operations and reputation. Hoskinson pointed out that his personal pool was the direct target. For him, this proved the act was intentional, not an experiment gone wrong. He emphasized that the disruption touched every user on the network, causing stake pool operators to miss earnings, parts of the DeFi ecosystem to stall, and Cardano developers to be forced into rapid emergency fixes. Related Reading: Barstools Founder Just Made A Million-Dollar Investment In XRP, Does He Know Something? He also stated that law enforcement had already stepped in, turning the event into a criminal matter. In his view, the public apology surfaced only after community investigators linked the operator to the incident and federal involvement became clear. The incident left the community divided between two narratives: one of reckless experimentation and one of calculated sabotage. What remains certain is that a targeted hit—intentional or not—exposed how quickly a malformed transaction can fracture the system and force an entire ecosystem into crisis mode. Cardano recovered, but the questions raised by this attack will continue to shape how the network prepares for the next potential threat. Featured image created with Dall.E, chart from Tradingview.com
Cardano (ADA) is once again under heavy market pressure after a series of whale-driven shocks and broken support levels sent the asset spiraling toward multi-month lows. Related Reading: Why Is Bitcoin Price Crashing? Arthur Hayes Isn’t Surprised Trading around $0.46–$0.49, ADA has slipped beneath several key zones that protected the price structure throughout 2024 and early 2025. Analysts now warn that the sell-off could deepen toward the $0.43 – $0.30 range if downward momentum continues. ADA's price trends to the downside on the daily chart. Source: ADAUSD on Tradingview ADA Slides as Whale Loss and Support Break Intensify Selling Pressure Much of the latest volatility stems from a dramatic whale incident. A dormant wallet holding 14.45 million ADA, inactive for five years, executed a swap into USDA, a pool so thin that the wallet absorbed devastating slippage. The whale walked away with only $847,000, realizing a staggering $6.2 million loss. The market’s response was immediate, confidence cracked, liquidity thinned, and sellers accelerated their exit. On-chain data shows broader whale activity amplifying the impact. More than 440 million ADA has been offloaded by large holders over the last month, further weakening the structure. ADA’s breakdown below $0.52, a level untouched since 2024, confirmed a bearish market regime dominated by lower highs, lower lows, and widening volatility bands. Technical Outlook Points Toward $0.43… or Even $0.30 Traders monitoring ADA’s trajectory highlight a crucial zone at $0.43, a technical target that aligns with the expanding bearish momentum reflected in indicators such as the MACD, RSI, and Bollinger Bands. The MACD’s deepening bearish crossover signals intensifying sell pressure, while the RSI hovering near oversold territory around 37 suggests weakness without confirming a recovery. Market analysts like Ali Martinez and Mr. Brownstone warn that failure to reclaim broken levels could expose ADA to a broader decline. Martinez identifies $0.30 as a long-term structural support, a cycle reset area that historically attracts accumulation during deep corrections. Analysts note that while capitulation metrics such as MVRV point to undervaluation, they do not eliminate the risk of further downside before any recovery materializes. Midnight’s NIGHT Token Launch Could Shift Sentiment, but Uncertainty Remains Even as ADA struggles, Cardano’s broader ecosystem is gearing up for a major milestone: the launch of Midnight’s NIGHT token on December 8, 2025. Midnight introduces privacy-focused smart contracts with selective disclosure, aiming to balance confidentiality with regulatory compliance. Analysts believe the NIGHT rollout could eventually inject positive momentum if adoption accelerates. Still, traders caution that ADA’s immediate outlook remains tied to technical fragility, liquidity challenges, and overall market sentiment. Related Reading: Dogecoin Cup And Handle Pattern Is Returning, What Happens To Price If It’s Completed? For now, ADA sits on a razor’s edge, stabilizing near support, but vulnerable to a deeper drop toward $0.43 and potentially $0.30 if sellers keep control. Cover image from ChatGPT, ADAUSD chart from Tradingview
Cardano (ADA) has reclaimed major ground in the decentralized finance (DeFi) sector, with total value locked (TVL) soaring by 28.7% in Q3 2025, the highest level since early 2022. Related Reading: Is The Dogecoin Bottom In? Analyst Explains What Matters Now According to Messari’s latest State of Cardano report, the network’s DeFi growth and robust treasury expansion have pushed ADA’s market capitalization up 42.5% to $29.5 billion, marking a strong rebound for the ecosystem. ADA's price trends to the downside on the daily chart. Source: ADAUSD on Tradingview Core Protocols and Treasury Expansion Fuel Cardano’s Momentum Key protocols like Liqwid and Minswap drove much of Cardano’s DeFi momentum, with Liqwid’s TVL jumping 50.8% to $101.6 million, while Minswap dominated 74.7% of DEX volume. Cardano’s treasury balance also climbed to $1.3 billion, showing renewed developer confidence and ecosystem resilience. Cardano founder Charles Hoskinson praised the community’s growing commitment to decentralization, emphasizing that ADA’s ecosystem could expand into “seven or eight digits” in DeFi value if users continue adopting native protocols. Whales Accumulate 348 Million ADA as Price Eyes Recovery Despite recent market instability that dragged ADA below $0.6, whale activity has surged dramatically. On-chain data from Santiment shows that between November 7 and 10, large holders accumulated 348 million ADA, worth over $204 million, representing nearly 0.94% of the total supply. This buying spree has coincided with a modest 21% rebound in ADA’s price from its $0.49 low earlier this month, as investors anticipate a potential breakout above $0.6. Analysts highlight a bullish “Power of Three” pattern forming, which could pave the way for a rally toward $0.73, and possibly higher in the next bullish phase. However, despite whale accumulation, overall network activity has softened slightly, with daily active addresses declining. This divergence suggests that while retail users are cautious, institutional and high-net-worth investors are positioning for long-term gains. Cardano Aligns with ISO 20022 and Expands Roadmap Cardano’s inclusion among digital assets aligned with the ISO 20022 global financial messaging standard has further strengthened its institutional narrative. Charles Hoskinson reaffirmed ADA’s full support for the framework, placing it alongside assets like XRP and XLM in global payment interoperability. In parallel, Cardano achieved full community-led governance in September 2025 and continues to roll out upgrades, such as Halo2-Plutus, which enhance privacy and scalability. Related Reading: Dogecoin Does Not Have Potential For A Strong Move Upward, Analyst Says The Cardano Foundation’s updated roadmap focuses on expanding DeFi liquidity, growing stablecoin adoption, and tokenizing real-world assets, indicating a maturing ecosystem ready for the next wave of blockchain adoption. Cover image from ChatGPT, ADAUSD chart from Tradingview
Cardano (ADA) is staging a cautious rebound after testing the critical $0.52–$0.57 support range, a zone that has historically triggered major reversals. Related Reading: Galaxy Digital Slashes Bitcoin EOY Price Target To $120,000 Market analyst Ali Martinez highlighted that every touch of this area since late 2024 has resulted in a sharp upside reaction, signaling strong buyer interest. ADA now trades around $0.53, with bulls aiming to defend this zone to avoid retracements. The rebound coincides with improving on-chain sentiment and growing accumulation around long-term supports. Analysts say that as long as ADA maintains this base, the path toward $0.72 and $1.15 remains valid. A close below $0.52, however, could reintroduce bearish pressure and delay recovery hopes. ADA's price trends to the downside on the daily chart. Source: ADAUSD on Tradingview TD Sequential Buy Signal Hints at a Cycle Bottom Adding to optimism, the TD Sequential indicator recently printed a buy signal on ADA’s three-day chart, a pattern known for marking potential market bottoms. Historically, similar setups have preceded strong bullish reversals, suggesting that sellers may be losing control. Trading volume and long/short ratios also support the bullish view. According to Coinglass, long positions now represent 52% of open interest, reflecting renewed trader confidence. A breakout above $0.60 could confirm the reversal, paving the way for a wider rally toward the $0.72 resistance level identified by several analysts. Can Cardano (ADA) Sustain Its Momentum? While ADA’s short-term charts show potential for recovery, longer-term indicators remain cautious. Cardano continues to trade inside a descending parallel channel formed since December 2024, with resistance sitting near $0.72. Analyst Valdrin Tahiri noted that unless ADA reclaims the $0.60 zone, the broader trend remains bearish. Regardless, the combination of strong support, bullish confluence signals, and improved trader sentiment paints a cautiously optimistic picture. Related Reading: Analyst Predicts Bitcoin Price Crash To $87,000 If This Happens If the rebound holds and momentum strengthens above $0.65, ADA could confirm a new accumulation phase, setting the stage for a possible mid-term breakout above $0.72 and a retest of the $1 psychological level. Cover image from ChatGPT, ADAUSD chart from Tradingview
Cardano (ADA) continued its downward slide on Monday, falling over 5% to trade around $0.57, extending last week’s 10% decline. Related Reading: XRP’s Next Earthquake: Billions Set To Flow In, ‘Supply Shock’ Coming—Analyst Market data from CoinGlass shows trader sentiment turning increasingly bearish, with ADA’s long-to-short ratio at 0.75, the lowest this month. The metric indicates that more traders are betting on further declines. On-chain data mirrors this negative outlook. According to Santiment, daily active addresses on the Cardano network dropped from 32,115 in mid-October to 24,280 on November 3, signaling reduced demand and declining engagement. Technical indicators also reflect weakness. ADA’s RSI sits at 32, deep in bearish territory, while the MACD histogram shows fading bullish momentum. Analysts warn that a sustained move below $0.55 could open the door to deeper corrections toward the $0.49 support zone. ADA's price trends to the downside on the daily chart. Source: ADAUSD on Tradingview Hoskinson: “It’s Not a Technology Problem, It’s a Coordination Problem” As prices decline, Cardano founder Charles Hoskinson has reignited debate over the network’s DeFi performance. In his latest podcast, Hoskinson criticized the ADA community for its limited participation in decentralized finance platforms, asserting that Cardano’s total value locked (TVL) could easily reach $5–10 billion if users embraced native DeFi protocols. He stated, “It’s not a technology problem. It’s a problem of governance, coordination, and accountability.” Despite over 1.3 million ADA holders staking on the network, few engage with DeFi apps, leading to stagnation. Current TVL stands at $271 million, far behind Ethereum’s $85 billion and Solana’s $11 billion. Hoskinson argued that without community adoption, attracting users from other ecosystems would remain difficult. Cardano (ADA) DeFi Integration and Institutional Accumulation Offer Hope Despite its sluggish DeFi performance, Cardano remains one of the most active blockchains by development activity, outperforming Ethereum and Solana in late October, per Santiment data. Projects like Midnight and RealFi aim to link Cardano with Bitcoin liquidity and real-world lending markets, potentially unlocking billions in capital inflows. Related Reading: Dogecoin Must Defend This Level To Avoid A $0.07 Meltdown, On-Chain Data Shows Meanwhile, large investors appear to be quietly accumulating. Recent data shows over 37.5 million ADA moved from Coinbase to private wallets, a sign of long-term confidence. Combined with steady token outflows from exchanges, this accumulation phase could lay the groundwork for a future recovery. As Hoskinson puts it, “We can pretty much do anything, the question is, can we do it together?” Cover image from ChatGPT, ADAUSD chart from Tradingview
The Cardano (ADA) price is flying under the radar amid growing accumulation by large-holders (“whales”) and a technical formation that traders seldom ignore, a symmetrical triangle. Related Reading: Is The Dogecoin Bull Run Over? Analyst Predicts When DOGE Rallies Again With ADA currently trading around $0.66, after briefly reaching $0.69 earlier in the week, the stage appears set for a breakout, or a breakdown. Analysts suggest that if the bullish scenario prevails, ADA could target $1 and beyond, potentially even reaching $5 or more in a longer-term move. Whale Accumulation Signals Long-Term Confidence Despite short-term price softness, on-chain data reveal that wallets holding large quantities of ADA are steadily increasing their positions. According to recent reports, wallets with 100,000 ADA tokens have been accumulating over the past six weeks, even while retail demand remains lukewarm. This accumulation is taking place as ADA forms a low-volatility consolidation, such behaviour often precedes major market moves. The divergence is noteworthy. While Open Interest and spot cumulative volume delta (CVD) remain weak, signaling limited retail/speculator engagement, whales are quietly buying the dips. Enthusiasm among large-holders suggests confidence in ADA’s fundamentals and plays into the bullish thesis that this accumulation could underpin a powerful move once the technical breakout triggers. Symmetrical Triangle Breakout Offers Route to Major Upside Technical analysts highlight that ADA has been trading within a symmetrical triangle pattern, a convergence of support and resistance trendlines, typically signalling a buildup of tension before a decisive move. The crucial support near $0.61 and resistance roughly at $0.70–$0.75 mark the boundaries of this formation. A decisive breakout above the upper trendline could unlock a rally toward $0.80–$0.85, and potentially beyond $1.70 per some projections. Conversely, a breakdown below the support would invalidate the bullish setup and could see ADA revisit $0.55 or lower. Given the whale accumulation underway, the bullish scenario currently seems favoured, but traders must still watch for confirmation. ADA's price trends sideways on the daily chart. Source: ADAUSD on Tradingview Bottom Line The question now gaining traction is: could ADA eventually hit $5? While the immediate target may be around $1 to $2, some longer-term models based on Fibonacci extensions and structural breakout maths place significantly higher levels on the table. Related Reading: Bitcoin And Crypto Market Set To Bounce As Rate Cut Probabilities Touch 98.3% If ADA converts supply zones into support and elevates its on-chain narrative, the powerful combination of whale positioning + breakout could carry it much higher. Cover image from ChatGPT, ADAUSD chart from Tradingview
The Cardano weekly chart is still looking strongly bullish according to independent technician Charting Guy (@ChartingGuy on X) who resurfaced his long-running Fibonacci roadmap and channel study. Can Cardano Top $6 This Cycle? His latest post on X on October 26 noted that “ADA is fine as long as uptrend holds,” a view that is anchored in a multi-year rising channel that has contained price action since the 2018–2019 base. The channel features a lower rail now passing through roughly the $0.33–$0.35 area, a midline that has behaved as a recurring pivot since 2020, and overhead parallels that intersect with Fibonacci extension targets later in the cycle. The chart history mapped on his visuals is orderly. The 2021–2022 bear trend, drawn as a steep descending line from the prior peak, ended into the channel’s lower support and resolved through a series of falling trendline breakouts during 2023 and early 2024. Since Q4 2023, the chart has shown a series of higher highs and higher lows. Currently, the ADA price is again guided by a falling trendline. Related Reading: Cardano Gears Up for Major Rally as Technicals Flash Buy Signal and Traders Eye $2.50 Target Everything in the layout revolves around the Fibonacci ladder. The retracement set on the right margin—derived from the 2021 peak to the cycle low—marks 0% at $0.23488, then $0.33360 (0.136), $0.43180 (0.236), $0.62932 (0.382), a mid-range 0.5 at $0.85, $1.15694 (0.618), $1.43911 (0.702), $1.78464 (0.786), $2.32189 (0.888), and $3.09981 (1.000). Above that stack, the cycle extensions are plotted at $6.25325 (1.272), $9.00941 (1.414) and $15.26831 (1.618). Those numbers are consistent with how the analyst framed the market earlier in the year. On April 27 he wrote that “ADA fibs are very important here. The 0.618 is a STRONG resistance… the 0.382 MUST hold… neutral until one of these breaks on a weekly close.” That roadmap has aged intact. Rallies through spring and summer repeatedly stalled in the 0.500–0.618 zone, with the 0.618 level at $1.15694 capping advances. Pullbacks, in turn, have found bids near the 0.382 pivot at $0.62932. On September 18, after that rejection, he updated that “ADA higher low ✅ … higher high pending… still targeting 1.272 fib this cycle,” tying the price structure back to the extension grid. The implication is not casual moon-math; it is geometric. If ADA continues to defend the uptrend defined by the channel’s lower rail and, crucially, converts the 0.618 retracement at $1.15694 into support on weekly closes, the path reopens into the upper retracement shelf—$1.43911 at 0.702 and $1.78464 at 0.786—before confronting the 0.888 marker at $2.32189. A yellow waypoint for a higher high (on the main chart) sits near ~$2.30, deliberately aligning with that 0.888 level to flag a logical checkpoint for the next impulsive leg beneath the full retrace at $3.09981. Related Reading: Analysts Caution Cardano (ADA) May Drop Further Before $1 Rebound After 12% Dip Only beyond that zone does the headline question come into play. The analyst’s cycle objective is the 1.272 extension at $6.25325. On his canvas, that target is not an orphaned price label; it intersects with the upper parallels of the multi-year rising channel further out in time, which means the extension is technically consistent with the same structure that has governed ADA since the last cycle’s base. The risk management side of the ledger remains equally explicit: lose the 0.382 at $0.62932 on a weekly closing basis and the neutral-to-constructive stance is impaired, pushing focus back to $0.43180 and $0.33360, with the 0% anchor at $0.23488 defining the absolute boundary of the cycle floor inside the channel’s lower third. As the latest candles on the charts show, ADA sits mid-channel with the higher low confirmed and the range unresolved beneath descending trendline supply. The triggers are unchanged and numerically clear. A sustained weekly close above $1.15694 would validate an attempt toward $1.44, $1.78, and $2.32, with $3.10 the final retrace before extension math takes over. A failure through $0.62932 would flatten the uptrend call. Between those guardrails, the analyst’s October 26 message reads less like bravado and more like a conditional statement embedded in the chart itself: Cardano can still reach $6.25 this cycle—but only if the uptrend continues to hold and the 0.618 ceiling finally gives way. At press time, ADA traded at $0.67. Featured image created with DALL.E, chart from TradingView.com
Cardano (ADA) appears to be preparing for a major rally, as bullish technical signals and network milestones spark renewed optimism among traders. Related Reading: HYPE Soars Beyond $40 Following Robinhood Listing: What’s Next For Hyperliquid’s Price? After months of consolidation, ADA’s price action is forming what analysts describe as a “textbook breakout setup.” The token currently trades around $0.65, below key moving averages, but with indicators pointing toward an imminent reversal. Cardano’s fundamentals continue to strengthen. The network recently surpassed 115 million transactions, signaling steady ecosystem growth despite broader market weakness. This achievement, combined with the rollout of Cardano domain names and anticipation for the Ouroboros Leios upgrade, builds more confidence. Technical Indicators Flash Buy as Bulls Regain Control Technically, ADA is nearing a decisive point. Chart analysts note a falling wedge pattern forming on the daily timeframe, a historically bullish setup that often precedes explosive moves. A break above the $0.79–$0.80 resistance could pave the way for a swift rally toward $1.10, and eventually, the projected $2.50 target. Momentum oscillators are beginning to turn upward, while futures market open interest is climbing, an indication that institutional traders are re-entering positions. Golden-cross signals between shorter and longer-term moving averages further validate the bullish bias, suggesting that accumulation is taking place at current levels. ADA's price moving sideways on the daily chart. Source: ADAUSD on Tradingview Ecosystem Growth and Institutional Interest Add Momentum Beyond the charts, Cardano’s ecosystem expansion continues to attract institutional and developer attention.The RWA (Real-World Asset) initiative, valued at over $10 million, and privacy-focused Midnight sidechain airdrops are driving renewed engagement. Meanwhile, analysts argue that ADA’s low gas fees and ongoing DeFi integrations position it as a strong alternative to Ethereum for scalable applications. Experts predict that if ADA breaks through resistance levels and maintains momentum, the path toward $2.50 or even $3.00 could unfold over the next market cycle. Related Reading: XRP Price At $1,000, Solana To $1,000, And Cardano At $100? Bull Run Predictions Catch Attention While short-term volatility may persist, the combination of strong fundamentals, bullish technicals, and growing institutional confidence make Cardano one of the most stable assets in the crypto space in Q4 2025. Cover image from ChatGPT, ADAUSD on Tradingview
Cardano (ADA) edged higher to $0.70 (+2.2%) on Wednesday as on-chain data showed large holders buying the dip. Related Reading: Why This Resistance Could Trigger Another XRP Price Crash Soon Whale and mid-tier wallets snapped up roughly 200 million ADA over 48 hours, about $140 million at recent prices, after last week’s volatility knocked the market lower. The build-up comes as the project readies the Cardano Summit in Berlin (Nov. 12–13), adding a fresh narrative tailwind into Q4. ADA's price trends to the downside on the daily chart. Source: ADAUSD on Tradingview Whales Scoop ADA as Selling Pressure Cools Analytics platforms tracking address cohorts report renewed accumulation, with 10–100million ADA and over 1 billion ADA wallets expanding balances. Similarly, network “spent coin” metrics declined by 51%, suggesting fewer coins are moving to sell and that distribution is easing. Price-wise, ADA continues to defend the $0.70–$0.80 band many traders view as pivotal for basing. A sustained hold keeps the recovery structure intact and positions the token for attempts at prior resistance. Staking Access Expands, Berlin Summit In Focus Adding fuel to the thesis, eToro launched ADA staking in the U.S., potentially opening rewards access to over 40 million users and reducing liquid supply as holders lock tokens. Beyond flows, the community is eyeing the Berlin Summit, where ecosystem teams are expected to showcase progress across Midnight, Leios, and dApp growth, events that historically boost sentiment and developer visibility. Strategists argue these catalysts, paired with bargain hunting from whales, can help stabilize spot liquidity after the broader market shake-out. Cardano Price Outlook: Levels That Matter Now Technically, Cardano rebounded from the $0.61 swing low and is attempting to reclaim short-term signals. Bulls first want a clean move through $0.73 (recent pivot / 0.236 Fib area). Above that, chart watchers flag $0.86 as a major resistance repeatedly capping rallies; a breakout there exposes $1.01 and $1.12 as subsequent targets, aligning with an ascending-channel upper bound on higher time frames. Related Reading: Bitcoin Price Crash Below $100,000 Coming? Factors That Highlight Another Decline On the downside, $0.61 remains the must-hold support; a daily close below would risk a deeper revisit toward $0.50–$0.60 and delay any trend resumption. A decisive push through $0.73, and especially $0.86, would strengthen the case for a broader recovery leg, while failure to hold $0.61 puts ADA back in consolidation. Cover image from ChatGPT, ADAUSD chart from Tradingview
Cardano (ADA) is showing renewed momentum after weeks of sideways action, climbing back above its 50-day moving average and putting the $0.94 resistance back in focus. Traders view this level as the next major hurdle to unlock a run at the $1.00 psychological mark. Related Reading: Bitcoin Will Not Crash: Jeff Park Rejects Paul Tudor Jones’ 1999 Comparison On the daily chart, ADA has reclaimed its green 50-DMA as support, while RSI has rebounded toward 50, leaving room for further upside if buy volume continues to build. A clean daily close over $0.9 would confirm a trend shift and strengthen the case for a Q4 continuation rally. ADA's price moving sideways on the daily chart. Source: ADAUSD on Tradingview Coinbase Sparks Institutional Signal: Cardano (ADA) Reserves Jump 462% Fueling the bullish narrative, Coinbase’s ADA holdings surged 462% to 9.56 million ADA in recent months, coinciding with rapid growth in Coinbase Wrapped ADA (cbADA) on the Base network. Total cbADA supply has expanded to 9.53 million from 1.7 million at launch, pointing to rising on-chain utility and custody demand from larger players. In stark contrast, Coinbase’s XRP reserves dropped 98% (from 970 million to 16.39 million), underscoring a rotation in on-exchange liquidity and user preference toward wrapped Cardano products. Key Levels and Q4 Outlook: $0.83 Support, $1.00 Magnet From a technical standpoint, Cardano’s (ADA) structure appears increasingly constructive, with the token reclaiming its 50-day moving average and holding firm within the $0.83–$0.85 support zone, a critical base that continues to attract dip-buying interest. Losing this range could open the door to a deeper pullback toward $0.75, but as long as price remains above it, the setup favors further upside. On the resistance side, $0.94 remains the key multi-touch ceiling, and a decisive breakout above this level could trigger a move toward $1.00, with extensions possible to $1.06–$1.12. Meanwhile, a rising RSI and improving market breadth suggest healthy momentum, reinforcing the view that short-term pullbacks are likely to be absorbed by buyers. Macro factors also support he bull case. With Bitcoin steady near record territory, capital rotation into large-cap altcoins typically strengthens into year-end. Similarly, Cardano’s fundamental backdrop, expanding DeFi, smart-contract adoption, and wrapped-asset growth on Base, supports a higher-low, higher-high structure. Related Reading: Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000 If Cardano prints a decisive daily (or weekly) close above $0.94, technicians will look for a swift push to $1.00 and potentially $1.20 on momentum follow-through. Cover image from ChatGPT, ADAUSD chart from Tradingview
The Cardano price is showing signs of strength, with one analyst suggesting it may be preparing for a rally to reach $7.82 during this bull run. Crypto analyst Javon Marks believes Cardano is now following the same bullish path that it did in the last market cycle. He explains that after breaking out before, Cardano met its price targets and showed strong technical performance. According to Marks, the same phenomenon is repeating itself in this cycle, suggesting that ADA could be on track to reach new highs. Many traders are closely watching as the token exhibits growing signs of upward momentum during this bull run. Analyst Javon Marks Sees Cardano Price Repeating Its Historic Breakout Pattern In his latest analysis, Javon Marks states that Cardano has broken out again, just as it did during the past bull market. He points out that in the last cycle, ADA broke through key resistance levels and went on to meet three of its primary price targets. That rally yielded strong returns, and Marks believes the setup on the chart today looks almost identical to it. Related Reading: Dogecoin Is Primed For A Higher Move To $0.4 Soon, It Just Needs To Hold This Level According to his view, Cardano’s technical structure remains bullish and continues to build momentum. The breakout that recently formed could mark the start of another significant move higher if price patterns repeat as they have in the past. Mark notes that ADA’s chart is showing the same curved breakout formation that led to significant gains last time. This chart formation is why he believes Cardano is still in the early stages of a potential new rally phase. The analyst notes that Cardano’s trend and structure both indicate that its upward move is still in development in real-time. He says this breakout has happened quietly, yet it could build into a much larger run as the market gains confidence. Javon Marks’ analysis suggests a growing conviction that Cardano’s recovery has genuine strength behind it, with room to continue climbing if it sustains the current momentum. $ADA Could Surge 800% To $7.82 If Momentum Holds Javon Marks also shared his specific targets for where Cardano’s price could go next. He explains that the first primary upside target is around $2.77, which would represent a gain of more than 221% from current prices. Marks believes this first move would only be the beginning if ADA performs like it did in the previous cycle. Related Reading: XRP Price Crash To $2.33 Is Still Possible In This Scenario, Here’s Why If the same type of rally repeats, Marks projects that Cardano could climb all the way to around $7.82. That would mean an increase of more than 800% from current price levels. He says the price action so far shows that ADA is still “on track to meet targets,” just as it did during the last significant breakout period. Featured image created with Dall.E, chart from Tradingview.com
Cardano (ADA) is trading around $0.78–$0.80, struggling beneath a strong resistance at $0.83–$0.85, where the 50/100/200-day EMAs converge. Prediction markets currently assign a 91%–95% chance of U.S. Cardano spot ETF approval, with dates tentatively set for late October 2025. Related Reading: Ethereum Founder Dumps Billions In These Meme Coins, Is This A Repeat Of Shiba Inu In 2021? This narrative has helped stabilize sentiment after September’s decline. Bulls believe institutional access could mirror BTC/ETH’s ETF strategy by increasing liquidity and expanding demand. However, options activity remains subdued, and recent long liquidations suggest traders are cautious about chasing gains before a clear breakout. If ADA closes above $0.85, potential upward targets are $0.87 (Fib 0.382) and $0.90 (Fib 0.5). Cardano (ADA) Key Levels: $0.78 Support, Then $0.75 and $0.71 The Cardano (ADA) near-term structure is a range between $0.78 and $0.83 after a pullback from highs near $0.95. Momentum has improved from oversold levels, but Parabolic SAR remains above the price, and the trend hasn’t fully flipped. Immediate support is at $0.78, with deeper liquidity pockets at $0.75 and $0.71; a failure there exposes $0.68 as the last major defense. Analysts also point out a developing death-cross risk on lower timeframes, implying rallies could fade without new catalysts. Macro factors remain influential: tighter financial conditions or a Bitcoin retrace can reduce altcoin bids, capping ADA under resistance even if ETF headlines stay strong. ADA's price trends sideways on the daily chart. Source: ADAUSD on Tradingview The 2026 Bear Case: Why Sub-$0.30 Isn’t Impossible Beyond the next few weeks, some strategists warn of a path where ADA may revisit sub-$0.30 in 2026. The reasoning: at a roughly $34B market cap near $0.80, multiples might shrink unless usage growth significantly accelerates. While Cardano promotes research-driven upgrades (Ouroboros Leios, the Omega roadmap) and has an eight-year record with no downtime, critics point to slow app adoption, capital shifting to newer ecosystems, and ETF attention potentially directing flows into a few large caps. If global liquidity tightens, ETFs underperform, or structural demand weakens, a prolonged cycle could push ADA toward value zones below $0.30, where longer-term buyers might enter. Related Reading: Dogecoin Breakout Could Happen ‘In A Hurry,’ Analyst Warns In the short term, watch $0.83–$0.85 for a trend reversal and $0.78/$0.75 on the downside. The ETF story provides ADA with a real catalyst, but actual delivery and demand must materialize. Without that, the 2026 sub-$0.30 scenario remains a possible risk, especially if macroeconomic headwinds emerge. Cover image from ChatGPT, ADAUSD chart from Tradingview
Cardano (ADA) slipped 1.38% today, trading at $0.816, below its 20-day moving average ($0.871) and 50-day moving average ($0.86). However, it remains above the 200-day moving average at $0.735, signaling that while sellers dominate in the short and medium term, the longer trend is still supported. ADA's price moving sideways on the daily chart. Source: ADAUSD on Tradingview Daily charts show oversold signals with the Relative Strength Index (RSI) at 36.6, a negative Commodity Channel Index (CCI), and near-zero Stochastic RSI levels. Related Reading: Bitcoin Will Soak Up Trillions From China And Russia, Billionaire Predicts Despite this, downside pressure persists, with ADA likely consolidating between $0.768 and $0.790 in the coming sessions. Momentum indicators remain neutral, suggesting that any rebound could be limited unless buying volume strengthens. Cardano ETF Optimism and Roadmap Fuel Longer-Term Outlook While ADA struggles in the near term, longer-term fundamentals look stronger. Odds for a Cardano-based ETF approval have surged to 9%, a development that could lift market sentiment and drive institutional adoption. The Cardano Foundation’s new roadmap also supports a bullish case, with significant funding allocated to decentralized finance (DeFi), governance, and ecosystem growth. Whale transactions have increased, and major firms like Reliance Global have added ADA to their treasuries, signaling growing institutional confidence. These developments could help ADA break above critical resistance at $0.868, the Ichimoku Kijun level, which analysts view as the threshold for confirming a rebound. Until then, traders may see sideways consolidation or slight downside risk. Short-Term Consolidation, Long-Term Potential According to market expert Anton Kharitonov of Traders Union, ADA remains technically vulnerable. “As long as Cardano trades below major resistance, the upside case lacks credibility,” he noted, adding that reclaiming $0.868 is essential for any sustainable rebound. For now, ADA’s immediate price corridor remains narrow, with a low probability of a breakout in the next five days. However, the long-term picture is brighter, with forecasts suggesting a potential climb toward $1.20–$1.38 within the next 6–12 months, supported by ETF optimism and institutional demand. Related Reading: XRP Supply Shock Incoming As Axelar And Flare Target 8 Billion Tokens In the short term, ADA may stay within a range, but oversold conditions could attract bargain hunters looking for a rebound. For investors, the question isn’t whether Cardano will recover, but how soon its next major catalyst will come. Cover image from ChatGPT, ADAUSD chart from Tradingview
Cardano (ADA) is trading at $0.876 with a daily volume of $1.28 billion, but sellers remain in control after a sharp 7% decline over two days. On-chain data from Santiment shows the Network Realized Profit/Loss (NPL) metric spiking to its highest level since July, signaling that many investors are cashing out profits. Related Reading: Solana DATs Will Outpace Bitcoin, Says Multicoin Capital Co-Founder This wave of profit-taking, while not a sign of structural weakness, has capped ADA’s recovery attempts. Analysts emphasize that defending the $0.87–$0.85 support range will be crucial to maintaining ADA’s broader bullish outlook. ADA's price trends to the upside on the daily chart. Source: ADAUSD on Tradingview Technical Outlook: Will ADA Break or Hold? From a technical perspective, Cardano (ADA) is struggling beneath the 50-EMA at $0.8819, with rejection near $0.923 forming a bearish engulfing candle. The Relative Strength Index (RSI) sits at 44, suggesting sellers still have room to push lower. If ADA loses support at $0.8528, the next downside levels are $0.8264 and $0.8033. However, reclaiming $0.8843 would be the first sign of strength, opening targets at $0.9018 and $0.9234. Traders are split: aggressive bears may short below $0.8528, while conservative bulls wait for a breakout above $0.90 to confirm momentum. Adoption News Offers Bullish Counterweight Despite short-term weakness, ADA’s fundamentals remain strong. Openbank, Europe’s largest digital bank under Santander, recently integrated Cardano for 2 million customers. This development has boosted the institutional adoption narrative, potentially providing a longer-term bullish catalyst. Caution dominates in the near term. On-chain data shows a $6.7 million net outflow from exchanges on September 17, reflecting investor hesitation. Analysts warn that unless inflows pick up, ADA may continue trading sideways or drift lower before staging its next rally. Cardano Bulls Eye $1, But Risks Remain For now, $0.87–$0.85 remains ADA’s battleground. A decisive break above $0.90 could reignite bullish momentum and put ADA back on track toward the psychological $1 level. Conversely, a breakdown below $0.85 risks exposing deeper support zones at $0.82 and $0.78. Related Reading: Is The Dogecoin Bottom In? Confluence Of Signals Says Yes Whether Cardano’s next move is upward or downward may depend on how traders react to both technical signals and growing adoption headlines in the weeks ahead. Cover image from ChatGPT, ADAUSD chart from Tradingview
The Cardano (ADA) price is still holding up quite nicely and has maintained support above $0.81. This level is now acting as the major level in the recovery, becoming even more important as the technicals pile up at this point. Highlighting the importance of holding this level, pseudonymous crypto analyst The Alchemist Trader shows what will happen as long as bulls continue to maintain their hold. The Foundation For The Cardano Price Rally In the analysis, the importance of holding $0.81 is shown by several major developments. The first of these is the fact that this level is the 0.618 Fibonacci retracement support. In addition, it is also the major support on the daily timeframe, helping to maintain the bullish momentum. Thus, the foundation of the Cardano price rally is built on the $0.81 support. Related Reading: Shakeout Pattern Says Bitcoin Price Is Not Done, Why It’s Headed Above $130,000 As The Alchemist Trader explains, the $0.81 level is pivotal for the ADA price right now. In the past, it has served as the demand zone for the altcoin, absorbing sell liquidity and holding up against pressure from the bears. Given this, the analyst believes that holding above this region reinforces the bullish narrative for Cardano despite other bearish factors such as declining volumes. Other bullish factors that have emerged are the fact that the ADA price has continued to put in higher lows and higher highs. Naturally, higher lows and higher highs mean an asset is maintaining its bullish trend, and Cardano is no different. With each correction reaching into the key support zone at $0.81 before bouncing, the analyst points out that this means that bulls are still in control. Such corrections are ‘healthy resets’ and do not signal exhaustion for the digital asset. Where ADA Price Is Headed Is $0.81 Holds As long as the $0.81 region holds, then the ADA price does remain incredibly bullish. The first major push upward is expected to clear out the $1 resistance and move it into the $1.16 region. This is the spot that bulls will need to beat in order to actually validate the bull trend. Related Reading: Is The US Planning To Use XRP To Clear Trillion-Dollar Debt? New Developments Shock Community Once $1.16 is surmounted, then the resistance at $1.19 swims into view, and this is where the momentum must hold the most. This is because these are regions that align with the “previous resistance levels and Fibonacci extension objectives.” Thus, beating these will mean that the price can continue to rally. “A rotation toward $1.16 appears likely, and a breakout beyond that level could drive price action toward $1.19 in the short to mid-term,” the crypto analyst stated. Featured image from Dall.E, chart from TradingView.com
In a wide-ranging CoinDesk interview released yesterday, Cardano founder Charles Hoskinson sharpened a years-long critique of Ethereum’s long-term viability, arguing that the network’s reliance on rollups and external scaling layers has created economic incentives that will ultimately hollow out the base chain. While acknowledging Ethereum’s technical progress, he contended that “as a general-purpose, smart-contract ledger,” the project has nurtured an ecosystem that “will slowly but surely eat [it] alive.” Why Ethereum Is Doomed To Fail: Cardano Founder Hoskinson framed the core problem as one of misaligned incentives between Ethereum’s L1 and its expanding constellation of L2s. “To make Ethereum better, they’ve had to embrace layer twos,” he said. “The layer twos are not strong allies… they’re partners of necessity.” In his view, rollup teams “don’t particularly care if they’re attached to Solana or they become a layer one,” so if better economics or user growth lie elsewhere, “they could simply migrate or go multi-chain.” New applications and liquidity, he added, are already “outside of the Ethereum ecosystem,” eroding the network’s historical network effects. Related Reading: Cardano Pushes Past $0.85: Falling Wedge Breakout Confirmed? “So if they’re gobbling up the transaction volume and gobbling up the users and they’re gobbling up the token appreciation, if there’s a more attractive target, they could simply migrate or go multi-chain,” Hoskinson said, adding that this trend is already observable with LayerZero and Espresso. That erosion, Hoskinson argued, is set to accelerate as two external forces gather momentum. First, he described Bitcoin DeFi as a “sleeping giant” that could attract “hundreds of billions” in total value once primitives such as stablecoins, DEXs and lending are built with credible security assumptions. “When Bitcoin wakes up… its TVL will be… larger than the market cap of Ethereum,” he said, noting that sovereigns and major asset managers would likely prefer to build around Bitcoin exposure. Second, he expects large technology platforms and traditional financial institutions to enter with their own infrastructure, adjacent to public chains but not economically dependent on Ethereum’s base layer—“Microsoft… Google… Amazon… have no incentive to go boost Ethereum or deploy on Ethereum,” he said. The technological arc, in Hoskinson’s telling, also tilts away from shared-state blockchains. As zero-knowledge proofs and “proof-carrying code” mature, more computation can be executed off-chain—in secure enclaves, on devices, or within MPC systems—leaving the chain to verify succinct proofs. “Why… spend billions of dollars a year maintaining this very weak computer that’s shared and replicated,” he asked, “when you can turn it into a distributed problem that runs everywhere?” Like Microsoft missing mobile and pivoting from Windows dominance to Azure, he suggested, Ethereum may ultimately need to “pivot to a new McGuffin” to retain relevance even if it remains present in the stack. Related Reading: Cardano Sentiment Crashes To 5-Month Low As ADA Defends Key Price Level Notably, Hoskinson’s assessment was not unqualified dismissal. He credited Ethereum for “keeping up with the times,” investing in rollups and zero-knowledge technology, and building a “Goliath” ecosystem that survived early funding scares and the DAO crisis. “They’ve done some really incredible things,” he said, and he allowed that “it’s entirely possible that Ethereum could pivot… and get very good at that” new role. The nub of his skepticism is not competence but structure: in his view, the more rollups succeed, the less compelling the L1 becomes as the economic hub. The remarks reprise and elaborate on a stance Hoskinson aired earlier this year, when he said during an AMA: “I don’t think Ethereum will survive more than 10 to 15 years,” predicting that L2s would “suckle out all of the alpha.” Hoskinson’s analysis also folds into his own current bets for Cardano. He cast Bitcoin-centric DeFi as a three-rule design target—security derived from Bitcoin, fees paid in Bitcoin, and yields returned in Bitcoin—and argued that companion chains and trust-minimized bridges will be necessary to make it work. He presented Cardano’s extended-UTXO design and its privacy sidechain Midnight as infrastructure positioned to serve that market while offering selective-disclosure compliance for institutions. At press time, ADA traded at $0.89. Featured image created with DALL.E, chart from TradingView.com
Cardano’s mood music has flipped. Even as ADA has rebounded about five percent from its late-August lows, on-chain analytics firm Santiment says the asset’s typically optimistic retail crowd has swung to its most negative stance in five months. In an X post accompanying its sentiment chart, the firm wrote: “Cardano has quietly seen its normally optimistic crowd start to turn bearish. After the lowest sentiment recorded in 5 months, $ADA’s price is +5%. Patient holders and dip buyers during this three week downswing should root for this trend of bearish retailers to continue.” Santiment framed that shift in classic contrarian terms. “Prices typically move the opposite direction of the crowd’s expectations. When small traders sell off their bags out of impatience and frustration, it is generally the key stakeholders who accumulate and drive up prices again,” the post added. Related Reading: Cardano (ADA) Redemption Controversy Over? Hoskinson Shares IOG Audit Results The graphic shared by the firm plots ADA’s price against a running ratio of bullish versus bearish social commentary and annotated three distinct phases over the past month: an early-August “greed” spike where the bullish-to-bearish ratio surged to roughly 12.8:1 and was followed by a pullback; a mid-August “fear” pocket near 2.0:1 that preceded a rally; and, most recently, the most bearish reading in five months around 1.5:1, coinciding with ADA’s +5% bounce. The sequencing in Santiment’s chart supports the firm’s message that outsized crowd optimism or pessimism frequently appears near short-term inflection points. The short-term price path into that rebound has been marked by a three-week downswing that began around August 14. Cardano Faces Decision Zone Independent market analyst Quantum Ascend ties the bounce to a clearly defined higher-time-frame structure. Posting a daily ADA/USD chart, the analyst wrote: “ADA Respecting a channel on the high time frame dating back to early June. Higher Highs, Lower Lows. Short-term decline dating back to August 14 channeling as well. Price Currently sitting atop the .382 Fib at $0.82. Cardano’s decision point appears near, but we still need to be looking to the Macro. Regardless, I’m very bullish long-term.” Related Reading: Cardano Founder Says Chainlink Quoted Them An ‘Absurd Price’, Here’s Why In Quantum Ascend’s view, ADA is tracking an ascending channel that has contained price action since mid-June. The short, blue corrective channel from August 14 sits inside that broader up-channel and has carried price back to the lower end of the channel as well as a Fibonacci retracement cluster derived from the June–August advance. The analyst’s chart places the 0.382 retracement near $0.821, which has acted as first support and the immediate “decision point.” Below that, the same mapping highlights the 0.309 retracement around $0.762 and the 0.236 near $0.702 as deeper pullback areas inside the macro structure. Overhead, the analyst’s levels mark successive checkpoints at the 0.5 retracement near $0.879, the 0.618 near $1.043, the 0.702 around $1.083, the 0.786 near $1.151, and the 1.0 extension around $1.326—levels that also align with prior supply pockets and the upper boundary of the ascending channel later in the quarter. At press time, ADA traded at $0.8177. Featured image created with DALL.E, chart from TradingView.com
Cardano’s founder, Charles Hoskinson, has clarified why the blockchain platform was excluded from a prominent US government initiative meant to publish official economic data on public blockchains. Blockchain networks like Ethereum, Solana, Avalanche, and Optimism made the cut; Cardano didn’t. Hoskinson revealed during a YouTube AMA that the reason wasn’t technical or regulatory, but it was grounded in economics. Specifically, he said the integration fee quoted by Oracle specialist Chainlink was absurd, which made Cardano’s participation really unfeasible. Chainlink’s Absurd Fee As one of the biggest blockchain ecosystems, Cardano’s inability to participate in the US government’s recent blockchain initiative to bring macroeconomic data onto the blockchain took many crypto participants by surprise. However, while speaking at a recent surprise AMA on his YouTube channel, Cardano founder Charles Hoskinson says the reason boils down to money. Related Reading: Is XRP Coming To Cardano? Founder Sparks Speculation After Midnight Airdrop According to Hoskinson, the main reason was due to its pending partnership with Chainlink’s oracle integration, which is yet to be finalised because of the absurd fee charged by Chainlink. Hoskinson did not shy away from strong language: “They gave us an absurd number for integration. I said ‘f– it, we’ll handle it. We’ll figure it out,'” he said. Despite the frustration, he tempered his critique with respect. He described Chainlink co-founder Sergey Nazarov as “extremely smart” and “a very good businessman”, someone who “sees the future” and, in Hoskinson’s words, is “sitting on a golden egg”. Chainlink’s oracle solutions are very important for connecting smart contracts to real-world data. As such, Hoskinson’s metaphor acknowledges Chainlink’s powerful position in the blockchain ecosystem. How It Stalls Cardano’s DeFi Growth Without a cost-effective oracle integration, Cardano’s decentralized finance landscape has struggled to keep pace with other blockchain ecosystems. To put this into perspective, Ethereum’s integration with Chainlink has allowed large inflows into its DeFi ecosystem, with about $13.4 billion in Total Value Locked (TVL) added from between August 2 ($78.222 billion) and August 31 ($91.595 billion), according to data from DeFiLlama. Related Reading: Cardano Price To Rise 300% To $4? Analyst Reveals When Meanwhile, Cardano’s TVL broke below $400 million in August, and daily active addresses have also fallen massively. At the time of writing, Cardano’s TVL is sitting at $367.91 million. The result is a disconnect between Cardano’s on-chain activity and ADA’s price action, which witnessed a steady increase in August alongside the rest of the crypto market. Nonetheless, Hoskinson is still optimistic. Talks with Chainlink are ongoing, and he’s determined to find common ground with Chainlink. He also revealed discussions with the team behind the USD1 stablecoin and hinted at potential collaboration with Aave, which he described as part of a bundle. If USD1 (already launched on Ethereum, BNB, and Tron) comes to Cardano, it could become the ecosystem’s largest stablecoin. Combine that with oracle access and lending support from Chainlink, and Cardano could strengthen its DeFi foundations significantly. At the time of writing, Cardano is trading at $0.8307, up by 1.1% in the past 24 hours. Featured image from Adobe Stock, chart from Tradingview.com