Cardano ADA News: Potential Listing on Gemini and Price Speculation

New developments in the cryptocurrency world have sparked renewed interest in Cardano’s native token, ADA. Here’s a summary of the latest news and its potential implications for investors.

Gemini May Soon List Cardano (ADA), Driving Price Speculation

Speculation is growing that Gemini may soon list Cardano’s native token ADA, as hinted by co-founder Tyler Winklevoss. If confirmed, this could boost liquidity and drive price momentum for ADA. Earlier in March, the price of ADA surged when US President Donald Trump confirmed work on a strategic crypto reserve that will include ADA, among other assets. However, the peak was short-lived, and as of now, it trades at approximately $0.73 according to CoinGecko’s data.

Cardano Struggles to Climb Above $0.75

Cardano’s price has started a fresh decline below the $0.75 zone and is currently correcting some losses. The price might face resistance NEAR the $0.750 level. ADA has started a recovery wave from the $0.650 zone but is still trading below $0.750 and the 100-hourly simple moving average. A short-term bearish trend line is forming with resistance at $0.720 on the hourly chart. If the price clears the $0.750 resistance zone, it could start another increase.

Cardano Stuck in a Range—Whales Accumulate Over 180 Million ADA

Cardano’s [ADA] price has been stuck in a range, but whales have accumulated over 180 million ADA, signaling potential upward pressure. The price faced liquidation resistance around $0.75, with Open Interest and daily engagement showing caution. The surge in large-scale buying has raised speculation about its impact on the price action. Meanwhile, Cardano rebounded from a key support zone at $0.65, suggesting stability at this level.

Cardano’s Price Pulls Back After Surge, Expert Predicts Further Growth

Cardano’s price surged 80% after Trump announced it as part of the U.S. Crypto Reserve, marking its sharpest one-day gain in years. The crypto community is divided on whether assets beyond Bitcoin should be included in federal holdings. Institutional interest in Cardano is growing, as whale wallets holding 1M-10M ADA increased following the announcement. The price jumped from $0.64 to $1.14 on March 2-3, but dropped amid uncertainty over the crypto Strategic Reserve. A similar rally occurred in November 2024, when ADA surged from $0.32 to $1.08.