Overview
- ADA rebounded toward $0.84 after holding the $0.78–$0.82 support band, with intraday charts showing a constructive reset above key moving averages.
- Analysts flag $0.88 as the confirmation level for upside toward roughly $1.00–$1.20, with several noting a sustained close above that mark as the trigger.
- On‑chain activity accelerated, with TapTools tracking about $5.3 billion in seven‑day volume, reinforcing a rising participation trend.
- Whale wallets were reported to have offloaded roughly 30 million ADA over the past week, introducing near‑term liquidity risk that could cap rallies.
- Charles Hoskinson said Cardano is in talks with WLFI’s USD1, Chainlink and Aave, and he announced XRP support for the Lace wallet by year‑end 2025, as traders also watch elevated ADA ETF odds and an SEC review timeline into late October.