Cardano (ADA) is under notable selling pressure as the broader crypto market turns bearish. Over the past 24 hours, ADA dropped 3.03%. Despite this decline, the coin recorded a 5.45% weekly gain, signaling resilience in a volatile environment.
At press time, ADA is trading at $0.8894. Its daily trading volume is $1.48 billion, reflecting a steep 22.51% decline. Market capitalization fell by 3.07% to $31.81 billion. These numbers highlight weakening short-term momentum as investors reassess positions amid wider market corrections.
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A major milestone has injected optimism into the ecosystem. Roughly $1 million worth of USDC has been bridged into Cardano, with $100 in transaction fees paid for the process. This move strengthens liquidity and supports the expansion of ADA’s DeFi sector.
Stablecoins are becoming a key driver of adoption, offering users a reliable way to transact and earn yields. Market watchers are now questioning whether this could mark the beginning of a much larger USDC migration, potentially transforming Cardano’s DeFi landscape.
From a technical perspective, ADA is currently testing a crucial resistance zone between $0.94 and $0.95. This level has historically served as both support and resistance, making monitoring vital. The coin has maintained an uptrend since mid-2025, forming consistent higher highs and lows, which suggests sustained bullish momentum.
According to crypto analyst Ali, a decisive close above $0.95 could clear the path toward $1.15 and $1.25. These levels match significant historical price zones from late 2024 and early 2025. However, a failure to break resistance may trigger a pullback toward the $0.78 support level. Breaking below this support could expose ADA to downside risks toward $0.66 or even $0.52.
Cardano’s long-term future remains in full swing. Another analyst believes that if it ever does beat Ethereum in market value, ADA will hit approximately $11.40. Hitting that price will be a game-changer, highlighting Cardano’s growing market presence as well as ecosystem power.
This would also put Ethereum’s leadership to the test, recasting the competitive dynamics in the cryptocurrency space. Investors are now closely watching ADA’s reaction at the $0.95 barrier, which will determine what will happen in the weeks ahead.
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