Cardano news

Crypto markets slipped as Cardano‑based NIGHT fell 22% in 24 hours, the worst among top‑100 tokens. Other altcoins such as MNT, XMR, ZEC and PUMP also dropped up to 8% and 13%. Bitcoin slipped below $88,000 after failing to hold $90,000 resistance. Futures open interest in BTC remained flat around 670,000 BTC, while SOL futures saw an uptick. Perpetual funding rates stayed modestly positive; CME BTC futures OI declined, reflecting muted institutional demand. Put skew in BTC and ETH options grew, signalling bearish sentiment ahead of January expiry.

Cardano’s price has slid nearly 23% in the last month, yet signs of buying pressure are emerging as large holders begin adding ADA near key support levels. Technical analysis shows a falling‑wedge pattern and bullish RSI divergence, indicating sellers are losing momentum. On‑chain data confirms the shift: wallets holding 100‑1,000 million ADA added ~10 million ADA ($3.6 M), while those holding 1‑10 million ADA pumped ~1.76 billion ADA ($634 M). For a reversal to materialize, ADA must close above $0.48; failure to do so could force a break below the $0.33 wedge, exposing $0.29 as the next support.

Extreme fear in December’s third week tilted the market toward shorts. Solana could see $1 billion in short liquidations if it reaches $147, or $500 million in longs if it falls below $120, thanks to ETF inflows and a $130 support level. Cardano risks similar moves: a rise to $0.45 could wipe $50 million of shorts, a drop to $0.35 could liquidate $19.5 million of longs. The Midnight Network’s NIGHT token surge supports ADA. PIPPIN, a meme coin that grew to $350 m, is 73% in 93 wallets; a fall below $0.30 could trigger $9 million in long liquidations, threatening a sharp dump.

Cardano integrated Pyth Network’s low‑latency oracle stack via its new Pentad governance, moving from push to pull price feeds. This allows sub‑second data updates, enabling high‑frequency derivatives and order‑book DeFi products. Despite the upgrade, liquidity is thin—under $40 million in stablecoins—so the network’s institutional ambitions are limited until larger TVL arrives. Hoskinson sees Pyth as the first of many upgrades, including bridges and custodial services. The rapid proposal approval shows that Pentad has eliminated bureaucratic delays, positioning Cardano to compete with Solana and Ethereum ahead of a 2026 scaling push.

The network uses a dual-state architecture that separates public and private data while allowing controlled disclosure to auditors, institutions or counterparties.

Input Output, the engineering firm behind Cardano, announced it would drop "Global" from its name and become Input Output Group, expanding into quantum computing, AI, fintech, healthcare and digital identity while continuing to support Cardano’s core development. Founder Charles Hoskinson said the move aims to address governance gaps, attract enterprise clients and boost liquidity, amid Cardano’s competitive lag and low stablecoin supply.

Bitcoin surged above $93,000, sparking speculation that the brief rally may be a fake‑out as markets remain volatile. Cardano’s ADA climbed 5% after a successful $70M proposal, while ETH rose 4% when the Fusaka upgrade went live to improve layer‑2 transaction handling. Bitcoin funds received $58.5M in inflows; institutional activity lifted with Vanguard’s crypto ETF access and BoA’s 1‑4% allocation guidance, amid Trump’s Fed‑chair remarks and market‑wide liquidity concerns.

Cardano’s core developers pulled 70 million ADA from the treasury to fund key infrastructure projects—stablecoins, reliable oracles, cross‑chain bridges, custody solutions and analytics tools—marking the network’s most coordinated effort in years. The proposal, backed by IOHK, the Cardano Foundation, EMURGO, Intersect and Midnight Foundation, won over 60% of delegated votes, the fastest approval since on‑chain voting launched. The budget targets critical gaps that have limited DeFi activity and slowed institutional adoption. Intersect will administer the funds to speed delivery, with early focus on major stable‑coin issuers and a leading bridge provider. The next challenge for Cardano is execution; the unified push must translate into tangible liquidity and application growth to bolster ADA’s value.

Bitcoin rebounded above $93,000 after Monday's steep drop, recovering part of losses that triggered nearly $500 million in liquidations. Ether also rose over 9%, reclaiming the $3,000 level. Solana, Cardano, XRP and other large-cap coins jumped double-digits, with SOL and ADA up more than 12%. A washout of roughly $457 million in short positions cleared much leveraged exposure. Despite the bounce, sentiment stays cautious amid macro jitters, ETF concerns and pending regulatory moves. The rally appears more a relief than a trend shift, hinging on spot demand to hold gains.

Cardano seeks to allocate $30 M (70 m ADA) to bring tier‑one stablecoins, custody, bridges, oracles, analytics. A coalition of IO, EMURGO, Foundation, Intersect, Midnight backs the plan. The goal is to give the network the economic plumbing it lacks by 2026. With only $248 M TVL and $40 M in stablecoins, Cardano lags behind Ethereum. The coordinated pipeline aims to overcome a liquidity chicken‑egg; success hinges on mobilizing ADA holders and attracting market makers. If the 2026 test raises TVL to about $500 M and stablecoins to the low‑hundreds‑of‑millions, Cardano could compete for regulated DeFi, RWA and BTC‑ADA flows.