Overview

• ADA has rallied nearly 30% over the past month and 11% in the last week to trade around $0.80 despite a roughly 31% drop in daily volume.
• Analysts confirm breakouts from a long-term descending triangle and a falling wedge, formations historically linked to rallies toward $1.20–$1.35.
• Retail investors rank Cardano second in bullish community sentiment across the crypto sector, signaling elevated optimism.
• Derivatives data from TapTools shows that over 75% of major participants on Hyperliquid are positioned long, underscoring strong whale conviction.
• Supply zones at $0.85 and $0.93 may stall gains before ADA can test $1.00, while a pending SEC decision on a spot ADA ETF could spark fresh institutional inflows.