Cardano (ADA) is facing downward pressure, indicating a slight decline in its market value. Over the past 24 hours, the token has fallen by nearly 3.02%, reflecting short-term selling pressure and market volatility, but over the last week, it still maintains a 1.65% gain, showing signs of resilience and potential investor confidence. At the time […]Cardano (ADA) is facing downward pressure, indicating a slight decline in its market value. Over the past 24 hours, the token has fallen by nearly 3.02%, reflecting short-term selling pressure and market volatility, but over the last week, it still maintains a 1.65% gain, showing signs of resilience and potential investor confidence. At the time […]

Cardano (ADA) Price Outlook: Is a Break Above $0.80 the Gateway to $1.70?

2025/10/30 16:00
3 min read
Cardano
  • Cardano founder Charles Hoskinson unveils cross-chain intent technology, allowing seamless execution.
  • Increased trading activity and market trends indicate growing interest from retail and institutional investors.
  • Analysts suggest ADA could overcome $0.80 resistance, potentially rallying to $1.70.

Cardano (ADA) is facing downward pressure, indicating a slight decline in its market value. Over the past 24 hours, the token has fallen by nearly 3.02%, reflecting short-term selling pressure and market volatility, but over the last week, it still maintains a 1.65% gain, showing signs of resilience and potential investor confidence.

At the time of writing, ADA is trading at $0.6459, supported by a 24-hour trading volume of $1.52 billion, which marks a notable 62.29% increase from the previous day, suggesting heightened trading activity and market interest. The token’s market capitalization currently stands at $23.16 billion, underscoring its growing presence within the crypto market.

Source: CoinMarketCap

Cardano Leads the Way with Cross-Chain Intent Technology

The crypto analyst, Mintern, noted that Cardano founder Charles Hoskinson unveiled a new vision for blockchain: a shift from traditional transactions to “intent-based” operations. Users will simply express their intentions, and the blockchain will automatically execute actions across multiple chains and assets, making interactions faster and more intuitive.

Hoskinson highlighted that Cardano’s architecture gives it a unique advantage. With its modular design and interoperability, the network could seamlessly support intent-based execution. Many now wonder if Cardano is poised to lead the next financial revolution, transforming how value moves in the digital world.

Also Read: Cardano (ADA) Eyes Recovery After Capital Inflows Push CMF to 3-Month Peak

Cardano (ADA) Price Setup Hints a Potential Rally to $1.70

Moreover, a prominent crypto analyst, Ali, revealed that Cardano (ADA) is reaching a critical point in its journey as it looks to break above the resistance level of $0.80. Breaking past this point could open doors to notable upside movements, attracting both retail and institutional investors. It is suggested that a successful break at this level could send ADA to $1.70.

Source: X

The price movements are impacted by larger market trends in crypto, developments in its dApp ecosystem, and various network upgrades. The traders are closely watching if ADA can break above $0.80 or if it will consolidate. Breaking out beyond this important level will largely determine a significant rally.

Cardano’s Steady Performance Points to a Breakout Ahead

According to the data from CryptoRank, in 2023, a very strong beginning and ending of the year with some modest downturns in between were evident, leading to a probable positive performance. On the contrary, in 2024, a predominantly negative performance is noticed with some points of positive gains scattered in between. An unusually large positive experience in one month made the performance largely contingent on this one month.

Source: CryptoRank

Moreover, 2025 has a more balanced and mixed performance trend with occasional modest advances and sharp reverses in between. As a whole, performance is less extreme than in 2024 and more consistent in patterns. There are less extreme variations in performances as in 2024.

Also Read: Cardano (ADA) Price Dips Amid Key Fibonacci Level Signaling Possible Rebound

Market Opportunity
Cardano Logo
Cardano Price(ADA)
$0.2773
$0.2773$0.2773
+1.35%
USD
Cardano (ADA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

⁉️ Epstein, a convicted pedo, invested in Coinbase

⁉️ Epstein, a convicted pedo, invested in Coinbase

The post ⁉️ Epstein, a convicted pedo, invested in Coinbase appeared on BitcoinEthereumNews.com. The latest Epstein Files release has placed a variety of powerful
Share
BitcoinEthereumNews2026/02/07 04:07
How The ByteDance App Survived Trump And A US Ban

How The ByteDance App Survived Trump And A US Ban

The post How The ByteDance App Survived Trump And A US Ban appeared on BitcoinEthereumNews.com. WASHINGTON, DC – MARCH 13: Participants hold signs in support of TikTok outside the U.S. Capitol Building on March 13, 2024 in Washington, DC. (Photo by Anna Moneymaker/Getty Images) Getty Images From President Trump’s first ban attempt to a near-blackout earlier this year, TikTok’s five-year roller coaster ride looks like it’s finally slowing down now that Trump has unveiled a deal framework to keep the ByteDance app alive in the U.S. A look back at the saga around TikTok starting in 2020, however, shows just how close the app came to being shut out of the US – how it narrowly averted a ban and forced sale that found rare bipartisan backing in Washington. Recapping TikTok’s dramatic five-year battle When I interviewed Brendan Carr back in 2022, for example, the future FCC chairman was already certain at that point that TikTok’s days were numbered. For a litany of perceived sins — everything from the too-cozy relationship of the app’s parent company with China’s ruling regime to the app’s repeated floating of user privacy — Carr was already convinced, at least during his conversation with me, that: “The tide is going out on TikTok.” It was, in fact, one of the few issues that Washington lawmakers seemed to agree on. Even then-President Biden was on board, having resurrected Trump’s aborted TikTok ban from his first term and signed it into law. “It feels different now than it did two years ago at the end of the Trump administration, when concerns were first raised,” Carr told me then, in August of 2022. “I think, like a lot of things in the Trump era, people sort of picked sides on the issue based on the fact that it was Trump.” One thing led to another, though, and it looked like Carr was probably…
Share
BitcoinEthereumNews2025/09/18 07:29
Solana Crashes Below $100: Could $73 Be the Next Key Support?

Solana Crashes Below $100: Could $73 Be the Next Key Support?

Solana (SOL) slipped to $85.73 on Friday, February 6, 2026, marking a 26.49% decline over the past week, according to CoinMarketCap data. Trading volume surged
Share
Tronweekly2026/02/07 04:30