Cardano (ADA)

Cardano(ADA) is Cardano is a decentralised public blockchain and cryptocurrency project and is fully open source. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers.

1. ADA Basic Info

2. ADA Technical Info

2.1 ADA Kline Chart Price

2.2 ADA Technical Analysis

Near-term: The price is expected to experience a slight consolidation, with potential for sideways movement within a narrow range between 0.73 and 0.75.

Mid-term: The price is expected to experience a potential upward trend. The price may reach 0.78 in the next few days. There is a possibility of further increase in the price.

Long-term: A continued bullish trend is anticipated, but with increased volatility. The price may potentially test and surpass the 0.80 level. There is a possibility of a significant rally, but with some periods of correction.

3. ADA News Info

3.1 ADA News List

• 20250315
  Coinbase Derivatives Trading Platform Plans to Launch NGS and ADA Futures 📈
• 20250313
  Upbit 24-hour trading volume ranking: LAYER and ADA are among the top five 📈
  Hoskinson Family Office invests $1.5 million to support Cardano stablecoin USDM development 📈
  Hoskinson Family Office Invests $1.5 Million to Support the Development of Cardano’s Compliant Stablecoin USDM 📈
• 20250312
  US SEC delays approval of Grayscale’s Cardano spot ETF
• 20250308
  David Sacks: ADA, SOL, and XRP were mentioned by Trump only because they are in the top five by market value 📉
  David Sacks: ADA, SOL, and XRP are only mentioned because they are ranked in the top five by market capitalization 📈
• 20250306
  Cardano founder: I was not aware of Trump’s plan to include ADA in the strategic reserve 📉
  Cardano co-founder Charles Hoskinson not invited to White House cryptocurrency summit
  White House confirms that Cardano co-founder Charles Hoskinson was not invited to attend crypto summit 📉
• 20250305
  HashKey Global will soon list ADA 📈
  Market: ADA rose 12.70% during the day, while ORDI fell 2.41% during the day 📈
• 20250304
  Binance will launch spot grid and spot DCA trading pairs such as ADA/FDUSD 📈
  Binance will launch spot grid and spot DCA trading pairs such as ADA/FDUSD
  Farcaster predicts crypto asset reserves: Governments may only retain seized assets and will not make new purchases 📈
  The US concept currency fluctuated violently, and the trading volume of ADA and other tokens increased significantly 📉
  Trader Eugene: Start long ADA and SOL 📈
• 20250303
  Opinion: Trump did not disclose the details of the crypto strategic reserve. If it does not meet expectations, the market may fall again.
  HAT on HTX led the rise today with 63%, and ADA rose by 17.66% 📈
  Huobi HTX HAT/USDT led the gains today with 63%, ADA/USDT rose by 17.66% 📈

3.2 ADA News Analysis

The data indicates a bullish sentiment for Cardano (ADA). Increased trading volume, exchange listings, and investment in its ecosystem, particularly stablecoin USDM, suggest growing adoption and confidence. While regulatory hurdles and political uncertainties exist, positive developments like derivatives trading and significant price increases outweigh negative indicators. Cardano s presence in top trading rankings and its mention by influential figures further support a positive outlook. The market appears to be actively trading and pricing in favorable future events for ADA.