Cardano ADA News: Rising Network Activity Signals Potential Upswing in Price
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Cardano’s (ADA) Rising Network Activity Points to Imminent Upswing
With the broader market in recovery mode and on-chain fundamentals strengthening, Cardano’s (ADA) current setup suggests potential for a sustained upside. Over the past week, demand for ADA has soared, reflected by a 12% increase in daily active addresses on the Cardano network. This trend, along with a 5% rise in new addresses, highlights growing investor interest in the Layer-1 coin, indicating a potential sustained price rally.
ADA Eyes $0.80, Potential Bull Trap in the Making?
ADA’s price action is mirroring the February cycle, where a $0.52 pullback led to a breakout to $1.14. The current consolidation at $0.75 with resistance at $0.79 suggests heightened volatility. The market structure remains bullish, supported by strength in both spot and futures markets. The probability of a retest of the $0.56 support zone appears low, given the current momentum. On March 25th, ADA registered a trading volume of 1.06 billion at $0.74, similar to the mid-to-late February accumulation phase that preceded a breakout to $1.
Is Cardano About to Break Out? 3 Reasons ADA Could Hit New Highs Soon
Cardano (ADA) is showing renewed strength, rising 8% since March 23 to reclaim the $0.76 level. While still trading below its March 3 high of $1.18, this move brings ADA to the doorstep of a key resistance zone. The rally comes as speculation builds around political connections, improving DeFi infrastructure, and bullish technical signals. Momentum surged after news broke that Cardano founder Charles Hoskinson will co-host a panel at the upcoming DC Blockchain Summit alongside Donald Trump Jr., spotlighting World Liberty Financial, a crypto venture tied to the Trump family, which has already raised $550 million and recently launched a USD-pegged stablecoin.
Cardano Roadmap For 2030 Reveals Major Upgrades And Quantum Focus
In a discussion with Cardano community member Big Pey, Fergie from Input Output Global’s (IOG) research division revealed the full scope of Cardano’s proposed roadmap through 2030. The plan, spanning nine research areas and 34 workstreams, seeks to establish Cardano as a leading blockchain platform capable of supporting global-scale decentralized applications, advanced tokenomics, and post-quantum resilience. The multi-year research agenda, now open for community feedback, is designed to run parallel with Voltaire-era governance and aims to deliver foundational breakthroughs in protocol design, scalability, interoperability, and security.