Cardano news

Cardano Foundation is proposing a $40.5 million liquidity fund of 50 M ADA to boost stablecoin adoption and DeFi activity on the network. The fund is projected to generate around 4 % annual yield, with 15 % of revenues returned as ADA to the treasury each month and 85 % retained in protocols to compound growth. The broader roadmap, marking Cardano’s eighth anniversary, includes scaling its Web3 adoption team, committing 2 M ADA to its Venture Hub by 2026 to back startups, and extending real‑world asset tokenisation – a $10 M pilot has already been launched and formal standards are in development. Marketing will see a 12 % budget increase in 2026 to support inbound content, paid media and global events such as TOKEN2049 and Consensus, while governance will expand active participation by delegating 220 M ADA to 11 new Adoption and Operations DReps and reducing the Foundation’s self‑delegation to 80 M ADA.

Cardano (ADA) has fallen under pressure as long‑term holders (LTHs) sell, reaching a two‑month high in selling activity. This shift erodes confidence and may trigger a larger drawdown, with market analysts warning of a possible 14% decline if the price falls below the $0.80 double‑top neckline. Whales are countering the sell‑off, accumulating over 460 million ADA in three days, worth more than $375 million. Their purchase could stabilize the price, preventing a breach below $0.80 and potentially pushing the level up to $0.83 or $0.90, which would invalidate the bearish thesis.

Cardano’s 2025 roadmap announced by the Cardano Foundation lays out six concrete initiatives: an eight‑figure ADA liquidity injection into a stablecoin, a dedicated DeFi liquidity budget, the delegation of 220 million ADA to new DReps, a Real‑World Asset project targeting over $10 million, 2 million ADA for the Venture Hub, and an expanded promotion and application deployment drive. These allocations aim to deepen the ecosystem and raise ADA’s on‑chain utility. Price‑wise, ADA sits at $0.8165, 74 % below its 2021 peak, after recent whale sell‑off. Analysts view a possible ETF approval as a medium‑ to long‑term bullish catalyst, but the current pullback places the token near a key support zone; a bounce could trigger a new rally, while a break below could lead to a deeper correction.

Hashdex filed with the SEC to add Solana, Cardano, and XRP to its Nasdaq Crypto Index US ETF, expanding beyond Bitcoin and Ethereum. The move follows new SEC generic listing standards effective Sept. 17, allowing the fund to track the full index composition—72.5% BTC, 14.8% ETH, 4.3% SOL, 1.2% ADA, and 6.9% XRP—potentially encouraging other managers to broaden exposure.

Cardano (ADA) is stalling at $0.888, falling short of the $1 target and facing fresh resistance after recent bearish sentiment in the last week globally. Large holders have sold more than 560 million ADA in four days—about $500 million worth—showing impatience and eroding confidence. On‑chain activity remains weak, with low active address counts indicating diminished network participation and limited capital inflow. If the price slips below $0.880 support, the next key level is $0.837, which could trigger further selling from smaller holders. Conversely, a rebound to $0.880 could boost sentiment toward $0.931 and potentially $0.962, moving ADA closer to its $1 goal.

Grayscale Digital Large Cap Fund (GDLC) debuted on NYSE Arca on September 19, trading almost $22 million with 381,298 shares changing hands. The volume stands out compared with other crypto ETFs, such as the Dogecoin fund that drew $6 million on its first day, and it exceeds the typical debut numbers of under $1 million for most ETFs. GDLC offers diversified exposure, weighting 72 % Bitcoin, 17 % Ethereum, 6 % XRP, 4 % Solana and 1 % Cardano, and it manages more than $931 million in assets, making it one of the largest multi‑token products available to U.S. investors. The launch followed new SEC generic listing standards announced on September 18 that allow crypto ETFs to file a single Form S‑1 and benefit from a 75‑day review, eliminating the need for multiple Rule 19b‑4 filings. Industry analysts see basket‑style products as a fast‑growing category that could become the second or third largest class of crypto investments, with several issuers awaiting approval under the streamlined framework.

Crypto market rebounded to $4.15 trillion after the Fed trimmed rates by 25 basis points. Bitcoin hovered near $116,000, Cardano rose 5% and NEAR surged 15%. The rally followed the Fed's 4.00‑4.25% rate cut and a hint of two additional cuts. Gold climbed to about $3,700 an ounce, reflecting safe‑haven demand. Bitcoin consolidates near $118,000, with an RSI of 58 and ADX of 19 indicating modest bullish momentum but no clear trend; Cardano’s RSI of 56 and widening EMA gap signal upside, while NEAR’s overbought RSI of 70 and rising ADX hint at a reversal or new impulse. The market’s neutral fear‑and‑greed index and 70% of coins correcting after gains leave room for further volatility, underscoring cautious optimism.

Cardano (ADA) is showing several technical patterns that point to a near‑term rally toward $1.25, the article reports. A daily symmetrical triangle shows a breakout target of $1.25 once the price closes above the upper trendline at $0.925, while a four‑hour cup‑and‑handle pattern would lift the price past its neckline of $0.96 to a $1.20 target. The relative strength index has climbed from 40 to 55, indicating strengthening bullish momentum. Open interest in ADA futures has surged to a record $1.95 billion, a 22 % rise in the past 12 days, suggesting growing speculative bets and possible ETF involvement. If ADA confirms these breakouts, the coin could see a 38 % gain from its current level, with analysts even hinting at a push beyond $2 once the $1 psychological barrier is broken.

Cardano’s charts indicate a near‑term push toward $1.25, with a daily symmetrical triangle forcing a breakout above the $0.925 upper line for that target and an RSI climbing from 40 to 55. A four‑hour cup‑and‑handle pattern sets a neckline around $0.96, and a decisive rise above it would lift the coin toward $1.20, a 32% gain from current levels. Futures data show open interest reaching an all‑time high of $1.95 billion, up 22% in the past 12 days, pointing to growing speculative demand. Historically, large surges in open interest have preceded significant price moves, and a spot ETF now has 90% approval odds, potentially amplifying upward momentum. These technical and on‑chain signals collectively suggest a bullish stance, though investors should conduct independent research.

Cardano (ADA) is inching toward a potential breakout after weeks of holding near its lower range, with the Chaikin Money Flow indicator reaching a near‑two‑month high that signals growing inflows and trader optimism. The token is currently trading around $0.93 and is seeking to hold that level as support, which would allow it to target the $0.96 resistance that has repeatedly stymied advances. If ADA pushes past $0.96 and turns it into support, it could move toward the $1 threshold and attract new investors. A rapid rally, however, could trigger roughly $73.5 million in liquidations for short positions, shifting sentiment toward the bulls while temporarily reducing open interest and possibly provoking a pullback. The risk of a reversal to $0.87 remains, underscoring caution for traders holding opposing views. Investors should monitor price action near these key levels to gauge the sustainability of any momentum.