Overview

• ADA is consolidating near $0.77–$0.80 after a week of losses, with $0.78 acting as a recurring short‑term floor.
• Multiple analyses cite completed rising‑wedge and head‑and‑shoulders breakdowns, with a loss of $0.75 exposing $0.70 and potentially the June low around $0.5095.
• Core on‑chain metrics have deteriorated, with TVL around $320 million, stablecoin supply near $37 million, and daily DEX volumes roughly $1.4 million.
• Institutional positioning looks light, with a single spot‑ETF application for ADA contrasted with several for Solana and Ripple.
• Countervailing signals include 88% bullish community sentiment, new Project Catalyst funding from the Midnight Foundation, and a reported corporate treasury purchase by Reliance Global Group.