• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Future of ADA: ETF by 2025 and Ripple Partnership

user avatar

by Giorgi Kostiuk

6 months ago


Cardano (ADA) experienced a significant drop, losing 12.47% over the past week. The currency slipped below the $1 mark following the recent crash.

Current Situation of ADA

Cardano reached $1.32 in the fourth quarter of 2024 but has been in decline since. Currently trading at $0.9507, ADA is down 69.18% from its all-time high of $3.10 reached over three years ago.

Projections and Prospects

Despite the current downturn, analysts see potential for ADA in the future with the possibility of an ETF in 2025 and a partnership with Ripple, which may positively influence the price.

Technical Analysis: RSI and Resistance

ADA's Relative Strength Index (RSI) recently turned bearish at 48.17, indicating sellers are in control. Key resistance levels remain at $1, $1.10, and $1.50. A breakout above $1.10 could suggest upward potential.

While Cardano is under pressure amidst current market conditions, the ETF opportunity and partnership offer optimism for its future prospects.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

PUMP Token Nears Breakout; Binance Coin Faces Correction and BlockDAG Launches Unique NO VESTING PASS

chest

Overview of the latest developments in the cryptocurrency world: PUMP shows growth signs, Binance Coin corrects, and BlockDAG launches a unique initiative.

user avatarGiorgi Kostiuk

Overview of Top Altcoins for 2025: BlockDAG, Fetch AI, Dogecoin & Cardano

chest

Exploring the top 4 altcoins for 2025: BlockDAG, Fetch AI, Dogecoin, and Cardano, their technologies and prospects.

user avatarGiorgi Kostiuk

Market Overview: HBAR, TAO, and BlockDAG's Unique Offering

chest

Analysis of HBAR and TAO prices, along with BlockDAG's unrestricted offer in the final days of presale.

user avatarGiorgi Kostiuk

Significant XRP Transaction: $70 Million Transferred to Coinbase

chest

A recent transfer of 25.5 million XRP to Coinbase has prompted market discussions. Ripple's response remains unknown.

user avatarGiorgi Kostiuk

WLFI Token: Tradability Approval and Trump's Family Involvement

chest

WLFI token receives approval for tradability with Trump's family involvement. Launch expected within 6-8 weeks.

user avatarGiorgi Kostiuk

Top Stories of the Week in Cryptocurrency: Trump Signs Bill, Portnoy Regrets Selling XRP

chest

Trump signs stablecoin legislation, survey reveals Gen Z's crypto spending habits, and Portnoy laments his XRP sales.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.