Why did the price of ADA go up?
Cardano (ADA) increased by 1.78% in the past 24 hours, slightly underperforming the broader crypto market, which rose 2.46%. Three main factors contributed to this movement:
- Optimism from economic stimulus – Former President Trump’s announcement of a $400 billion “tariffs dividend” boosted crypto markets, with ADA gaining 1.8% after the news.
- Technical rebound – ADA recovered from oversold conditions and moved back above its 7-day simple moving average (SMA) at $0.558.
- Midnight Protocol excitement – Updates on Cardano’s privacy-focused sidechain sparked community interest.
1. Economic Stimulus Boost (Positive Influence)
Summary:
ADA’s price rose alongside Bitcoin (+3%) and Solana (+3.1%) after Trump announced a $2,000 payment per person funded by import taxes (Coingape). This policy is seen as a short-term cash injection, encouraging investors to take more risks and move funds into alternative cryptocurrencies like ADA.
What this means:
Historically, government stimulus measures often lead to rallies in cryptocurrencies as investors look to protect themselves against the declining value of traditional money. However, ADA’s trading volume dropped 14% to $691 million, indicating that this price increase might not be strongly supported but fits the overall market’s risk-on mood.
2. Technical Recovery (Neutral Influence)
Summary:
ADA’s 1.78% gain came after a 3.8% drop over the previous week. Key technical indicators showed signs of a short-term rebound:
- RSI (7-day): Rose from 39.6 (considered oversold) to 43.4.
- Price: Stayed above the 7-day SMA ($0.558) after testing support at $0.54.
What this means:
This bounce looks like a temporary recovery within a longer downward trend (ADA is down 34% over the last 60 days). For a real trend reversal, ADA needs to close above the 30-day SMA at $0.629.
3. Midnight Protocol Developments (Mixed Influence)
Summary:
The Cardano community has been focused on updates about Midnight, a privacy-focused sidechain using zero-knowledge proofs. Partnerships with Brave and BitGo were announced, but no major software releases have happened yet (U.Today).
What this means:
While Midnight has promising long-term potential and attracts holders, the lack of immediate practical applications limits ADA’s short-term growth. The total value locked (TVL) in Cardano’s decentralized finance (DeFi) ecosystem remains flat at $374 million, which is low compared to Solana’s $12.5 billion, showing limited DeFi activity despite recent upgrades.
Conclusion
ADA’s recent price increase mainly reflects temporary optimism from economic news and technical factors rather than major progress in its ecosystem. Key levels to watch: whether ADA can hold above $0.57 (current price) or if it will retest support between $0.53 and $0.55, especially with upcoming token unlocks this week ($21 million SEI, $35 million Linea).
What could affect the price of ADA?
Cardano’s price is caught between positive developments and challenges.
- Upcoming Upgrades – Leios and Midnight aim to improve speed and usability (positive).
- ETF Approval Chances – The SEC is more likely to approve, but uncertainty remains (mixed).
- Big Investors vs. Everyday Buyers – Large holders are selling while smaller investors are buying (negative/short-term ups and downs).
Deep Dive
1. Leios & Midnight Upgrades (Positive Impact)
Overview: Cardano’s Ouroboros Leios upgrade plans to increase transaction speed by 30 to 50 times using parallel processing. Midnight, a privacy-focused sidechain, has partnered with companies like Brave and BitGo. Both upgrades aim to make Cardano more useful and attract more developers.
What this means: If these upgrades succeed, Cardano could catch up to competitors like Solana. However, delays—which have happened before—could lead to more selling pressure.
2. Spot ETF Approval Chances (Mixed Impact)
Overview: Experts estimate a 75% chance that a Cardano ETF will be approved by the SEC, with a decision expected by October 26, 2025 (Bloomberg). Still, the SEC’s ongoing questions about whether ADA is a “security” create uncertainty.
What this means: Approval could trigger a rally similar to Bitcoin’s ETF-driven surge in 2024. But if rejected, ADA’s price could fall further from its all-time high, which is already down 81%.
3. Big Investors Selling vs. Everyday Buyers (Negative/Volatile Impact)
Overview: Large investors (whales) sold about 4 million ADA (around $2.3 million) in late 2025. At the same time, smaller investors increased their holdings, with active ADA addresses up 12% month-over-month.
What this means: Big investors selling suggests they may be losing confidence, while retail buyers are betting on the success of upgrades and ETF news, leading to short-term price swings.
Conclusion
Cardano’s future depends on how well it executes its technical upgrades (Leios and Midnight), gains regulatory approval for an ETF, and how investor sentiment shifts. While the upgrades could boost developer interest, ETF approval is a risky but potentially rewarding event. Keep an eye on October 26—the SEC’s decision on the ETF and any delays in Leios’ rollout in early 2026 could shape ADA’s next big move.
What are people saying about ADA?
Cardano’s community is buzzing with hopes of reaching $1 and concerns about dropping to $0.50. Here’s what people are saying:
- Big investors are watching a $1.32 breakout after Franklin Templeton starts running Cardano nodes.
- A technical pattern called “inverse cup-and-handle” warns of a possible 47% price drop.
- Rumors about an ETF approval are circulating, with a 76% chance of yes according to Polymarket.
Deep Dive
1. Institutional Support Boosts Confidence
@Cardanians_io reports:
“Franklin Templeton, managing $1.6 trillion in assets, now operates Cardano nodes – this is a sign of real adoption.”
– @Cardanians_io (69.8K followers · 27.9K likes · 2025-09-10 12:46 UTC)
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What this means: This is good news for Cardano (ADA). When big financial firms like Franklin Templeton support the network, it shows trust in Cardano’s technology and could lead to more financial partnerships.
2. Warning Signs from Technical Analysis
@ali_charts explains:
“ADA is forming an inverse cup-and-handle pattern. If it falls below $0.53, it could drop 47% to $0.27.”
– @ali_charts (162K followers · 11.5K likes · 2025-07-07 06:30 UTC)
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What this means: This is a bearish signal. The pattern suggests that if Cardano’s price falls below $0.53, many investors might sell, pushing the price down further. However, the Relative Strength Index (RSI) is at 24, which means the coin might be oversold and could bounce back.
3. ETF Approval Rumors Create Uncertainty
@Cryptofly777 shares:
“The decision on the Grayscale ADA ETF is expected by October 26. Polymarket shows a 76% chance of approval despite the SEC’s tough history.”
– @Cryptofly777 (32.7K followers · 71.1K likes · 2025-10-03 13:31 UTC)
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What this means: This is a mixed signal for ADA. If the ETF is approved, it could bring more institutional investors and boost the price. But if it’s rejected, Cardano’s price might continue to fall, especially since the crypto market is currently cautious.
Conclusion
The outlook for Cardano is mixed. On one hand, strong institutional support points to growth. On the other, technical charts and regulatory uncertainty raise caution. Keep an eye on the $0.67 price level: closing above this could signal a positive trend, while falling below might lead to testing the $0.52 low from June. With the Fear & Greed Index at 24, indicating “Extreme Fear,” some traders see this as a chance to buy while prices are low.
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What is the latest news about ADA?
Cardano is navigating important technology updates and market challenges as big investors adjust their holdings and regulators keep a close watch. Here are the key points:
- Midnight & Leios Upgrades (November 9, 2025) – Founder Charles Hoskinson is focusing on privacy and faster transactions to boost ADA’s ecosystem.
- Grayscale ADA ETF Decision (November 29, 2025) – The U.S. Securities and Exchange Commission (SEC) is expected to decide on a new ADA investment fund by the end of the month, with an 87% chance of approval.
- Large ADA Holders Sell 4 Million Tokens (November 9, 2025) – Big investors sold a significant amount of ADA, pushing prices below $0.54.
In-Depth Look
1. Midnight & Leios Upgrades (November 9, 2025)
What’s happening:
Charles Hoskinson announced two major upgrades: Midnight, a new privacy-focused sidechain that uses advanced technology called zero-knowledge proofs, and Leios, an update designed to make Cardano’s network 30 to 50 times faster. Midnight is partnering with companies like Atlas, Brave, and BitGo. Leios aims to help Cardano catch up with faster networks like Solana and Ethereum.
Why it matters:
These upgrades could make ADA more useful in the long run, especially for decentralized finance (DeFi) applications used by institutions. However, some investors may be cautious because Hoskinson has missed deadlines in the past. If successful, Midnight could attract more users who value privacy, and Leios could reduce network slowdowns that frustrate developers. (Crypto.news)
2. Grayscale ADA ETF Decision (November 29, 2025)
What’s happening:
The SEC will decide whether to approve Grayscale’s spot ADA Exchange-Traded Fund (ETF) by November 29. This fund would allow traditional investors to buy ADA more easily. Betting markets show an 87% chance of approval after the SEC delayed its decision in August.
Why it matters:
If approved, this ETF could bring a lot of new investment into ADA, similar to what happened with Bitcoin ETFs. If rejected, ADA’s recent price drop of 33% over the last three months could worsen. The price range of $0.53 to $0.55 is an important support level to watch before the decision. (U.Today)
3. Large ADA Holders Sell 4 Million Tokens (November 9, 2025)
What’s happening:
Data shows that “whales” — investors holding large amounts of ADA — sold about 4 million ADA tokens, worth roughly $2.3 million, in one week. This selling pushed the price down to $0.54. At the same time, fewer people are actively using the network, with a 6% drop in active addresses and a 24% decline in transaction volume.
Why it matters:
This is a negative sign in the short term because when big holders sell, it can cause smaller investors to panic and sell too. However, the percentage of ADA being staked (locked up to support the network) stayed steady at 63%, showing that many long-term holders remain confident. Watch for buying activity if the price drops to around $0.50 to $0.52. (CoinMarketCap)
Conclusion
Cardano is at a critical point this month. The Midnight and Leios upgrades could bring new energy to developers and users, while the upcoming ETF decision and whale selling will test market confidence. With ADA’s price down 25% this month, the $0.50 to $0.55 range will be key in determining its direction for the rest of the year. Will Hoskinson’s “RealFi” vision help Cardano overcome these challenges?
What is expected in the development of ADA?
Cardano is moving forward with several key updates:
- Midnight Airdrop (November 2025) – A privacy-focused token distribution using Cardano’s Midnight sidechain.
- Cardano Card Launch (Q4 2025) – A debit card that lets you spend ADA, Bitcoin, and stablecoins while keeping control of your funds.
- Ouroboros Leios Integration (Mid-2026) – A major upgrade to increase transaction speed up to 10,000 per second.
- Account Enhancement CIP (Date TBD) – A protocol update to allow tiny transactions using tokens other than ADA.
Deep Dive
1. Midnight Airdrop (November 2025)
Overview: Cardano’s Midnight sidechain will release $NIGHT tokens through an airdrop focused on privacy features. You can claim these tokens using popular hardware wallets like Ledger and Trezor, with extra security measures in place (Cardanians).
What this means: This is good news for ADA’s usefulness, as it adds privacy options to the Cardano network. However, there’s some risk if it doesn’t catch up to privacy-focused competitors like Zcash or Monero.
2. Cardano Card Launch (Q4 2025)
Overview: Cardano will introduce a debit card, both physical and virtual, that works with Apple Pay and Google Pay. It allows users to spend cryptocurrencies like ADA, Bitcoin, and stablecoins while keeping control of their funds and earning staking rewards (Cardanians).
What this means: This could help bring cryptocurrency into everyday use by connecting blockchain technology with traditional payment systems. Still, regulatory challenges for crypto cards could slow adoption.
3. Ouroboros Leios Integration (Mid-2026)
Overview: This upgrade, which started development in October 2025, improves how Cardano processes transactions by separating block creation and validation. Early tests show it could handle up to 10,000 transactions per second (Input Output).
What this means: This is a positive step for making the network faster and supporting more decentralized finance (DeFi) applications. However, delays are possible since research began back in 2022.
4. Account Enhancement CIP (Date TBD)
Overview: This proposal aims to let smart contracts handle very small fees using tokens other than ADA, which is important for apps like games or Internet of Things devices (Bitcoinist).
What this means: It’s a promising idea but neutral for now until it’s officially adopted and developers start using it.
Conclusion
Cardano’s upcoming updates focus on improving network speed (Leios), expanding real-world use (debit card), and increasing flexibility for developers (CIP updates). The Midnight airdrop and Leios upgrade could make late 2025 to early 2026 a turning point for Cardano’s activity. It will be interesting to see how these changes affect ADA’s standing compared to other platforms like Ethereum and Solana in attracting developers.
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What updates are there in the ADA code base?
Cardano is focusing on improving scalability, governance, and developer tools through key upgrades.
- Core Protocol Funding (August 4, 2025) – $71 million approved to support upgrades like Hydra and Ouroboros Leios.
- Leios Acceleration (June 21, 2025) – The consensus protocol upgrade is now planned for 2026, earlier than expected.
- Hydra Layer-2 Rollout (July 11, 2025) – Aims to speed up transactions, especially for decentralized finance (DeFi) applications.
Deep Dive
1. Core Protocol Funding (August 4, 2025)
Overview:
Cardano’s community has approved $71 million (96 million ADA) through on-chain governance to fund a year of core network upgrades. This is the first time the community directly funds major protocol improvements.
Key projects include Hydra, which is a layer-2 solution designed to handle small, fast transactions; Ouroboros Leios, an upgrade to the consensus mechanism that increases transaction capacity; and Project Acropolis, which focuses on making the network’s node software more modular and flexible. Funds will be released based on milestones and monitored by Intersect, a governance oversight group.
What this means:
This is positive news for ADA holders because it speeds up network scalability, which is essential for growing DeFi applications. It also gives the community more control over development. Users can expect faster and cheaper transactions, and developers will have better tools to build on Cardano.
(Source)
2. Leios Acceleration (June 21, 2025)
Overview:
The Ouroboros Leios upgrade, which overhauls Cardano’s consensus protocol, has been moved up to launch on the main network by 2026 instead of 2028. This upgrade aims to increase transaction throughput while keeping the network decentralized.
It introduces new features like tiered transaction fees and improved synchronization between nodes. Charles Hoskinson, Cardano’s founder, described this upgrade as “competitively necessary” given improvements by other blockchain projects.
What this means:
This update is somewhat positive for ADA. While delays are common in blockchain upgrades, moving the timeline forward shows urgency to stay competitive. If successful, Cardano could strengthen its position as a scalable and sustainable blockchain platform.
(Source)
3. Hydra Layer-2 Rollout (July 11, 2025)
Overview:
Hydra, Cardano’s main layer-2 scaling solution, is being actively deployed. It enables real-time microtransactions and helps reduce congestion on the main Cardano network.
This upgrade is especially important for DeFi projects, with early support already seen in popular wallets like Ledger and Trezor.
What this means:
This is good news for ADA because faster and cheaper transactions could attract more DeFi users and developers. However, the true impact will depend on how widely Hydra is adopted in practice.
(Source)
Conclusion
Cardano’s latest updates focus on making the network more scalable and community-driven. With Hydra and Leios upgrades, Cardano is positioning itself for growth in DeFi. The $71 million community-funded model also sets a new example for decentralized protocol development.
Could these faster developments help ADA reach new highs despite current market challenges?