Cardano Rebounds from $0.72 Support—Is This the Bullish Breakout? Analysts Flag 400% Upside for Competing Asset
Cardano’s ADA token claws back from a critical $0.72 floor, sparking debate: Is this the resurgence crypto bulls have been waiting for?
Meanwhile, rival projects steal the spotlight—one unnamed contender draws wild 400% growth projections from industry watchers. Typical crypto math: past performance guarantees future gains, right?
Market veterans eye key resistance levels as traders chase the next moonshot. Just remember—in decentralized finance, the only thing more volatile than prices are expert price predictions.
Cardano updates from around the world show growing interest
Cardano has been making moves that keep people on their toes. In Argentina, the government is discussing blockchain with firms to improve public records, with cardano as one of the partners. In Ethiopia, Cardano’s team continues to work on digital IDs in schools.
In the UK, Cardano was recently added to Bitstamp’s UK platform after a short suspension linked to local regulatory reviews. This means UK users can now trade ADA again, showing that Cardano still meets certain exchange standards.
More updates come from Europe. Like Sygnum Bank in 2022, Swissquote in Switzerland has announced that it now allows staking of ADA. This means regular people can earn rewards by locking up their Cardano coins. That kind of news helps Cardano look more useful to long-term holders.
Additionally, Cardano’s network has surpassed 80 million transactions, enjoying widespread community support, second only to Bitcoin. Some say the launch of new tools like Hydra, which promises faster speeds, could help Cardano in the coming months.
Source: TapTools on X
Can Cardano price move higher from here, or will it stay flat?
After falling hard earlier this year, Cardano’s price found support at $0.72. This bounce has made traders wonder if ADA is back. crypto analyst Ali Martinez wrote on X that if ADA stays above $0.70 for a few more days, it could head to $1 in a strong move. But that depends on Bitcoin.
Right now, the Relative Strength Index (RSI) for Cardano is NEAR 51. That’s the middle point. It means buyers and sellers are about even. If volume goes up, bulls might gain the upper hand.
Data from CoinMarketCap shows ADA trading at $0.7590 on May 28 with over $600 million in 24-hour volume. Still, some say ADA takes too long to grow. Since its all-time high above $3.00 in 2021, it hasn’t come close again.
Source: CoinMarketCap
Some experts believe it will remain below $1.50 for most of 2025, unless something significant happens. Smaller altcoins may offer better returns, and that’s where Remittix comes in.
Why Remittix is being called the next fast mover by 2025
Remittix is a new cryptocurrency project that specializes in fast crypto-to-fiat payments. That means people can send crypto, and others get money in their bank accounts. It supports over 30 local currencies and 100 cryptocurrencies.
The Remittix token, called RTX, gives rewards to users who hold at least $10,000 worth. These users also get voting power to help shape how the network works. The project has already raised over $15.4 million in its presale as of May 2025.
Crypto traders like that Remittix focuses on real use. It’s not just about hype. People can use it to accept money for online shops or send money to friends in another country. Analysts believe that RTX could grow by 400% next year if it launches on schedule and attracts a sufficient number of users.
Even though Remittix isn’t on big exchanges yet, early buyers are betting on its daily use. Unlike Cardano, which updates slowly, Remittix focuses on basic payments. It doesn’t wait years for upgrades.
Conclusion
The cardano price is holding steady above $0.72, and some bulls believe a breakout could occur. But ADA’s slow pace and past price drops still worry many holders. That’s why new names like Remittix are getting more attention. With talk of 400% gains by year-end 2025, Remittix appears to be a better pick than ADA for those seeking faster results.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
