Cardano Ecosystem Gets Critical Upgrade Alert Amid New Node Release: What to Know

Cardano price continued pushing higher on Monday after confirming a breakout from a multi-month falling wedge pattern, raising expectations that bulls could attempt a move toward the $0.32 level in the coming sessions. According to data from crypto.news, Cardano (ADA)…

The post Cardano Price Prediction: ADA Breaks Out As Grayscale Lifts Exposure To 18.33% appeared on BitcoinEthereumNews.com. ADA derivatives volume surged 129.80% to $917.34M and open interest climbed 6.94% as price broke above a descending triangle held since February Grayscale raised ADA’s weight to 18.33% in its smart contract fund on May 7, keeping it third behind Solana and Ethereum Retail longs are piling in at a 2.37 ratio on Binance while shorts build positions above price ahead of Thursday’s CLARITY Act vote Cardano trades at $0.2777 on May 11, fading after tagging $0.2829 intraday, one session after breaking a three-month descending triangle that had compressed price since February while Grayscale quietly raised its ADA allocation to 18.33%. ADA Daily Chart: Triangle Breakout Stalls at the 100 EMA Cardano Daily Price Action (Source: TradingView) From February through late April, ADA ground inside a descending triangle with lower highs pushing toward rising support near $0.24.

The post Cardano Price Prediction: ADA Tests Breakout Zone as $0.30 Becomes the Key Trigger appeared on BitcoinEthereumNews.com. Cardano (ADA) is testing a key breakout zone near $0.30 as bulls defend $0.25 support and eye a potential move towards $0.45, $0.60, and $0.70. Cardano price prediction analysis is turning more interesting as ADA trades near $0.27 while testing the upper side of its descending channel. According to Brave New Coin data, ADA is down 1.56% in the last 24 hours, but the broader setup remains focused on whether buyers can reclaim the $0.28–$0.30 breakout zone.   Cardano price is trading around $0.27, down 1.56% in the last 24 hours. Source: Brave New Coin Cardano Price Prediction: $0.30 Breakout Remains the Main Trigger The main technical setup comes from the descending channel shown by Sssebi. Cardano price is now pressing against the upper trendline of that structure, with price trading near $0.27 while the breakout confirmation sits closer to $0.30. This is imp

Cardano’s Lace wallet adds key fixes and usability upgrades as the Van Rossem hard fork moves closer to a late June rollout.

XRPL plans native lending and smart escrow upgrades as the XRP ecosystem pushes toward decentralized credit infrastructure.

Another analyst added that there's no significaint downside pressure on ADA yet.

Tron, Cardano and Solana led weekly gains among the Top 10, while Bitcoin and Ether lagged as US spot ETF demand cooled on Thursday.

This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Unfortunately, Ethereum was rejected at the $2,400 resistance this week. Bulls did not manage to break this key level, and now the price appears to be curving down towards the support at $2,000. While the price is in the […]