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Information about Cardano (ADA)
Cardano is a proof-of-stake blockchain platform whose goal is to enable “changers, innovators, and visionaries” to bring about positive change globally. This open-source project also aims to “re-allocate power from accountability structures to the edge to individuals”—helping to create a safer, more transparent, and just society.
Cardano was founded in 2017, and the ADA token is designed to ensure that holders can participate in the operation of the network. For this reason, cryptocurrency holders have the right to vote on any proposed software change. The team that created this layered blockchain says there are already several exciting use cases for their technology. The team’s purpose is to enable decentralized applications and smart contracts to grow modularly.
Agricultural companies use Cardano to track fresh produce from the field to the table, while other products built on top of this allow for educational credential storage to combat counterfeiters and retailers to prevent counterfeiting.
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Cardano’s institutional inflows reached 63.3 million USD, surpassing Bitcoin, Ethereum, and Solana in March 2025. In contrast, Bitcoin encountered outflows of 826 million USD while Ethereum experienced 370 million USD losses.
The digital asset sector reported 2.2 billion USD in total outflows, reflecting a market decline. Nevertheless, Cardano’s interest is buoyed by President Trump’s announcement regarding a U.S. Strategic Crypto Reserve that included ADA.
As of now, ADA is trading at 0.6550 USD, having gained 4% today. Despite a volatility range of 0.67 USD to 0.62 USD, its futures open interest notably rose by 10% to 702 million USD year-to-date.
Whales have accumulated 230 million ADA worth 150 million USD within 72 hours, showing optimism for Cardano’s price recovery. Current trading above 0.62 USD indicates potential for further gains.
ADA must breach the 0.70 USD level to trigger a possible short squeeze. If this level is surpassed, it could lead to upward momentum for Cardano, while failure may result in a drop to 0.58 USD.
TRX has risen significantly, now valued at around 22 billion USD. With a 4% weekly gain and higher trading volume, TRX is gaining investor interest. Conversely, ADA faces risks in maintaining its support, especially as market conditions worsen.
Data reveals TRON’s superior network performance with a 53.1% increase in active addresses compared to ADA’s -42.6% decline. This trend, alongside TRON’s higher fee generation and trading volumes, suggests that it could be on track to exceed Cardano’s market cap.
Cardano’s recent price behavior mirrors its Q3 2024 breakout, with current patterns indicating retention above 0.60 USD support. However, weak buy-side interest during recent dips raises concerns about sustaining upward momentum.
Upcoming trading sessions will be pivotal for ADA’s performance. A rebound from the 0.60 USD support zone may lead to retesting 0.73 USD resistance. Analysts speculate a potential breakout towards 2.50 USD in Q2, contingent on market conditions.
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