Cardano (ADA), the ninth-ranked cryptocurrency by market capitalization, has made a notable bearish shift from its historical trends despite gaining steam in key growth markers recently. ADA's price performance for February appears to defy the historical path set by the coin.
The disappointment over the lack of an altcoin season is palpable throughout the market. While Bitcoin (BTC) has renewed one all-time high after another almost every two months or even less, alternative cryptocurrencies show much weaker performance, and only select ones like Solana (SOL) saw their historical highs rewritten.
Cryptocurrency analyst and trader Ali Martinez has revealed that over the past few days, cryptocurrency whales have been quite active, moving around Cardano's native coin ADA in particular.
Cardano is at the center of fresh speculation after reports emerged that Elon Musk—now heading the newly formed Department of Government Efficiency (DOGE)—is exploring blockchain technology to streamline federal operations.
Bitcoin (BTC) recovered from a low of $94,106 on Wednesday to move to its current level of $96,628. BTC retreated below $95,000 after inflation data showed inflation had risen more than economists had predicted, rattling the crypto and traditional markets.
HBAR price has slipped from its highest level this year, aligning with most altcoins. It has dropped by over 40% from the YTD high and is still pointing downwards.
After a significant rally in January, the Cardano price troubles have increased, as the token is becoming the victim of volatility. This altcoin was among the bullish cryptos at the time, hitting an ATH at $3.10, but is struggling to move past $1 these days.
Sometimes, all it takes is one asset making a strong move for traders to start connecting the dots. Right now, that asset is Binance Coin (BNB), which just surged 20% in three days.
According to analyst Ali Martinez, Cardano (ADA) is forming a similar setup to BNB on the 4-hour chart and could soon skyrocket.
Cardano (ADA) has recently shown impressive bullish momentum, outperforming many other cryptocurrencies in a market where assets are retracting. As of now, ADA is facing some resistance, but its prospects for further price growth remain strong, largely driven by institutional interest fueled by Grayscale's recent filing for an ADA-based Exchange-Traded Fund (ETF).
Cardano has faced significant volatility and selling pressure, mirroring the struggles of the broader crypto market as it searches for strong support. Since early December, ADA has seen its price plummet by over 61%, with bears dominating the trend and bulls unable to reclaim momentum.
Cardano price rose modestly this week after Grayscale applied for a spot ADA ETF. The popular layer-1 coin jumped to a high of $0.788 on Thursday morning, up by over 53% from its lowest level last week. It has jumped by over 150% from its lowest level in 2024.
Since the beginning of 2025, the overall cryptocurrency market has been experiencing a notable price drop. Amid this, Cardano (ADA) has formed a pattern similar to the one it formed in 2020 to 2021 before it soared parabolically.
As of Tuesday morning last week, Bitcoin has popped about 45% since the election, while altcoins like Hedera are up more than 400% over that same time frame.
Following the recent market crash, the crypto industry is showing signs of recovery, with the global market cap reaching $3.2 trillion, marking a 1.21% increase. In line with the overall crypto market, the Cardano price is exhibiting a rebound, signaling a potential rally to a new all-time high.
Cardano (ADA) has been gaining attention in the cryptocurrency market recently, especially after an asset manager filed for a Cardano Exchange-Traded Fund (ETF) in the United States. This development has led to increased interest from traders and investors, resulting in a notable price surge.
Bitcoin bears are finding it difficult to pin the price below $95,000, indicating solid demand at lower levels.
Cardano is a third-gen blockchain using proof-of-stake to enhance scalability, security, and governance.
Due to its unique characteristics, Rexas Finance (RXS) is emerging as a leading altcoin. Many experts and analysts believe it has the potential to challenge Cardano (ADA) and Ripple (XRP) in market traction. A disruptive force in asset tokenization, Rexas Finance has introduced innovative utility features and secured institutional interest.
Cardano price has emerged as the talk of the crypto town lately, sparking investor optimism despite the recent broader market downturn. Primarily against the backdrop of an ADA ETF buzz and strong on-chain technicals, the coin garners noteworthy bullishness across the crypto landscape.
Cardano's bullish momentum hinges on overcoming resistance and maintaining investor sentiment.
Cardano (ADA) has experienced both highs and lows. Following an extended break, Cardano price hit $1 once more in November 2024, representing a notable rebound from its prior high in February 2021.
With the recent upsurge in the crypto market, a top analyst called Eilert says the ADA price could rise to $4. Meanwhile, smart investors are turning to a new AI coin called IntelMarkets. Soaring on the massive interest in AI technology, the price of IntelMarkets (INTL) has risen by 810% in the past few months.
Cardano (ADA) is showing signs of recovery after completing a corrective phase, with Elliott Wave and Fibonacci levels supporting a move toward $1.12. Holding above $0.72 is critical for the bullish scenario.
As Cardano whales continue to acquire more, the short-term pullback nears conclusion. However, the broader market remains volatile. Will ADA price swim against the crypto market tides for a breakout rally?
Crypto prices witness shakeups amid United States trade wars and evolving policy stances. The last headwind for the market is Donald Trump's new tariff on steel and aluminum in the United States.
Attention in the crypto sector is shifting away from memecoins and moving towards large-cap layer-1 projects, according to the digital asset analytics firm Santiment. Santiment notes traders are more focused on Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Toncoin (TON) and Cardano (ADA), which the firm says suggests a healthier crypto market dynamic.
Cardano (ADA) has remained in the spotlight since Grayscale Investments filed for a spot ETF application to track the price of the coin. To complement its growth in the past few days, Santiment, a top data service provider on the market, has shed light on how ADA whales are behind its most sustained growth streak in over a year.
Cardano's ADA recorded an 11% intraday rally on Tuesday after news broke that Grayscale Investments applied for the first-ever spot exchange-traded fund (ETF) in the US.
Litecoin and Cardano saw significant price jumps over the last 24 hours, with Litecoin climbing by 11% and trading above $128, while Cardano rose 16%, surpassing $0.81.
Despite being some investors' favourites in the crypto industry, Dogecoin and Cardano may be having trouble providing the spectacular gains investors demand based on recent price behaviour. While the ADA price is facing both positive and negative signals, the DOGE price has been locked in a tumultuous cycle and leaves traders wondering what next.
Cardano (ADA) price has defied the wider crypto bearish sentiment in the past three days. While the total crypto market cap slipped 4.5 percent in the past 24 hours to hover about $3.
Santiment, an analytic platform, announced that Cardano had garnered massive social media interest compared to Ethereum and Dogecoin. The firm also highlighted that Bitcoin led the way, as usual, in terms of crypto discussions on X, Reddit, Telegram, 4Chan, Bitcointalk, and Farcaster.
Cardano price started a fresh rally above the $0.70 zone. ADA is now correcting gains and struggling to start another increase above $0.780.
As Bitcoin lost the $97,000 price level, a whopping 110,000 traders were liquidated with $180 million being wiped off in the past day.
Cardano (ADA) has remained a strong contender in the cryptocurrency market, drawing attention for its unique approach and steady developments. As of now, Cardano's price is at $0.78956956, but projections for the token's future show significant potential for growth.
During a day when the majority of cryptocurrencies experienced a retracement Cardano managed to post an impressive daily recovery of 11%. Due to important market dynamics and accumulation patterns among major investors the abrupt increase in price performance points to a growing sense of bullishness.
ADA, the native token of the Cardano blockchain, is gaining significant attention from crypto enthusiasts following an asset manager's move to file for a Cardano Exchange-Traded Fund (ETF) in the United States. This development has sparked notable interest among traders and investors, resulting in impressive upside momentum.
The price of Solana has gained 8.7% in the past 30 days, while its rivals experienced significant losses during that same period.
On today's episode of CNBC Crypto World, bitcoin dips while Cardano's ADA token spikes after Grayscale proposes an ETF backed by the cryptocurrency. Plus, an Alabama man pleads guilty to hacking the SEC's X account to claim bitcoin ETFs had been approved.
Cardano's ADA token surges after Grayscale Investments applied for the first-ever spot ADA ETF in the U.S. Plus, Fed Chair Jerome Powell gives his semi-annual update on monetary policy on Capitol Hill, and the U.S. SEC asks to pause their case against Binance, a sign of Trump's ‘golden age' for crypto. CoinDesk's Christine Lee hosts “CoinDesk Daily.
Cardano price has risen sharply on the back of news of an ETF application by Grayscale. But can it sustain the momentum?
While the market continues to be volatile, things are getting greener on the utility front. Utility cryptocurrencies like Cardano have recently experienced a double-digit increase in the last 24 hours.
After Cardano (ADA) set its sights on outshine g Bitcoin, investors have again suffered another disappointment. This is after ADA slumped from a 15% gain in earlier trading.
Certain cryptocurrencies zoomed higher today as rumors swirled about the potential for new spot crypto exchange-traded funds (ETFs). Spot ETFs previously served as powerful catalysts for the largest cryptocurrencies, Bitcoin and Ethereum.
Cardano's price has recently bounced back, rising by 18% over the last 24 hours. This recovery follows a notable correction, signaling that the bullish pattern ADA has been forming remains intact.
After a sluggish start to 2025, Cardano (ADA) has staged a sharp rebound. The cryptocurrency had slipped 6% year-to-date, struggling to regain momentum after failing to reclaim the $1 mark since January 20.
