0.14%
0.43%
3.99%
BTC
$65,073.55
0.29%
0.27%
3.98%
ETH
$1,922.48
0.18%
0.00%
3.65%
BNB
$602.96
0.28%
0.50%
3.09%
XRP
$1.03
0.27%
0.56%
5.90%
SOL
$76.84
0.01%
0.05%
1.29%
TRX
$0.32990022
0.29%
0.31%
0.69%
DOGE
$0.06995160
0.40%
0.46%
7.41%
ADA
$0.19761934
0.39%
1.19%
0.00%
LINK
$8.23
0.29%
1.29%
2.50%
LTC
$45.47
0.14%
0.43%
3.99%
BTC
$65,073.55
0.29%
0.27%
3.98%
ETH
$1,922.48
0.18%
0.00%
3.65%
BNB
$602.96
0.28%
0.50%
3.09%
XRP
$1.03
0.27%
0.56%
5.90%
SOL
$76.84
0.01%
0.05%
1.29%
TRX
$0.32990022
0.29%
0.31%
0.69%
DOGE
$0.06995160
0.40%
0.46%
7.41%
ADA
$0.19761934
0.39%
1.19%
0.00%
LINK
$8.23
0.29%
1.29%
2.50%
LTC
$45.47
   /       /       /    ADA Jumps 18% Weekly While Major Alts Sleep: Is $0.30 Cardano Price Next?

ADA Jumps 18% Weekly While Major Alts Sleep: Is $0.30 Cardano Price Next?

ADA Jumps 18% Weekly While Major Alts Sleep: Is $0.30 Cardano Price Next?

Although there was some intra-week volatility for BTC and other larger-cap altcoins, most are closing in on another rather sluggish trading period, with little to no movements on a weekly (and even monthly) scale. Cardano’s native token, though, has defied this trend.

It has risen by 18% over the past seven days and briefly pushed above the psychologically important $0.20 level for the first time in over two months – or, just after Cardano founder Charles Hoskinson said he was going to take a break from the project.

Where to Next?

Given that ADA slumped to a multi-year low of $0.14 in June and has recovered more than 40% since then while the rest of the market mostly sleeps, the logical question is where the asset is going next. Popular market commentator Alex Marell outlined the token’s latest breakout and said it’s currently showing one of its strongest structures in months. He believes the recovery could continue toward the next major resistance zones if buyers successfully defend the recent breakout.

Crypto Tony also turned his attention to the popular altcoin following the surge, identifying the area around $0.21-$0.22, which was tested yesterday evening, as an important hurdle. However, he also noted that ADA could slump to $0.18 if it faces a major rejection at this range.

CryptoPotato recently reported that ADA broke above its 20-week moving average against BTC for the first time since October 2025. Similar technical setups have historically been followed by rallies of up to 200%.

Another analyst identified $0.2305 as perhaps the most important resistance ahead, arguing that a decisive break above it could finally end ADA’s prolonged downtrend and send it toward $0.30.

What’s Behind the Surge?

Cardano whales recently went on an accumulation spree, purchasing more than 240 million tokens in five days as the price recovery began. This suggests that large market participants took advantage of the depressed prices while retail investors remained largely on the sidelines.

Network development could also be linked to the broader revival catalysts. Cardano recently entered its Dijkstra development era following the van Rossem upgrade, with Nested Transactions and Linear Leios among the improvements targeted for Mainnet this year. The project partnered with Injective to establish their first connection through IBC on the testnet, potentially allowing their respective native tokens to move between the two ecosystems in the future.

Cardano’s total value locked posted an 11% increase on a weekly scale recently, which also shows that DeFi activity has improved in tandem with the rest of the internal operations.

Source: CryptoPotato

08-08-2026
Cryptocurrencies / Cryptocurrency News

Cryptocurrency News

XRP vs PI vs ADA: 3 AIs Speculate Which Will Perform Best in the Next Bull MarketXRP vs PI vs ADA: 3 AIs Speculate Which Will Perform Best in the Next Bull MarketCardano (ADA) Grabs Traders’ Attention After a 20% Weekly Increase: Further Pump Incoming?Cardano (ADA) Grabs Traders’ Attention After a 20% Weekly Increase: Further Pump Incoming?Important Cardano News and ADA Price Update: August 5thImportant Cardano News and ADA Price Update: August 5thHoskinson: 1,096 Bitcoins Went to an Audit in 2016–2017Hoskinson: 1,096 Bitcoins Went to an Audit in 2016–2017

Random quote about money

"Чтобы заработать на жизнь, надо работать. Но чтобы разбогатеть, надо придумать что-то другое."

Альфонс Карр

Interesting posts in other sections of the blog

Information

Users of Guests are not allowed to comment this publication.

Latest articles

all articles →
South Korea’s Regulators Accidentally Triggered a 30% Small-Cap RallyCryptocurrency NewsSouth Korea’s Regulators Accidentally Triggered a 30% Small-Cap RallySouth Korea’s financial regulators wanted to calm a volatile stock market as they cracked down on leveraged ETFs. However, they have made it more chaotic10-08-2026US Export Control Meant to Cripple China’s AI. But They Created Its Most Valuable CompanyCryptocurrency NewsUS Export Control Meant to Cripple China’s AI. But They Created Its Most Valuable CompanyWhen Washington blocked China from buying advanced chips, the goal was to slow Beijing’s AI ambitions. It may have accelerated them instead. CXMT Corp, a10-08-2026BTC, ETH, XRP Whales Step Up Accumulation as CryptoQuant Sees the Bear Market Nearing Its EndCryptocurrency NewsBTC, ETH, XRP Whales Step Up Accumulation as CryptoQuant Sees the Bear Market Nearing Its EndThe firm said whale accumulation near realized prices aligns with the late stage of a bear market.10-08-2026Cathie Wood Says Open Source AI Is Making OpenAI and Anthropic Richer, Not PoorerCryptocurrency NewsCathie Wood Says Open Source AI Is Making OpenAI and Anthropic Richer, Not PoorerThe common view says open-weight AI is bad news for frontier labs like OpenAI and Anthropic. ARK Invest’s Cathie Wood argues the opposite. An open-weight AI10-08-2026Asia Stocks Climb and Rate Bets Ease. Now Comes Wednesday’s CPI TestCryptocurrency NewsAsia Stocks Climb and Rate Bets Ease. Now Comes Wednesday’s CPI TestAsian stocks edged higher Monday and the probability of a September US rate hike dropped sharply, giving global markets room to extend last week’s record run.10-08-2026Airbnb’s CEO Says AI Is ‘The Best Thing’ to Happen to It. Stock Jumps 17%Cryptocurrency NewsAirbnb’s CEO Says AI Is ‘The Best Thing’ to Happen to It. Stock Jumps 17%Airbnb stock hit a four-year high on Friday, gaining 17% after its CEO made one of the clearest corporate arguments yet for what AI can actually deliver. Brian10-08-2026Wall Street Tightens Grip on Crypto as Institutions Now Drive 72% of Spot Flow: ReportCryptocurrency NewsWall Street Tightens Grip on Crypto as Institutions Now Drive 72% of Spot Flow: ReportInstitutions are concentrating liquidity into fewer tokens instead of spreading capital across the wider market.10-08-2026Kraken Delisting Deadline Nears: Holders of 21 Tokens Risk Near-Zero PayoutsCryptocurrency NewsKraken Delisting Deadline Nears: Holders of 21 Tokens Risk Near-Zero PayoutsKraken is entering the final stage of its latest delisting cycle, giving holders of 21 tokens until August 27 at 14:00 UTC to withdraw their assets.10-08-2026BofA, JPMorgan, Oppenheimer Name Their 3 Favorite AI Stocks, One Has a $255 TargetCryptocurrency NewsBofA, JPMorgan, Oppenheimer Name Their 3 Favorite AI Stocks, One Has a $255 TargetTop Wall Street analysts at Bank of America, JPMorgan and Oppenheimer have identified three AI stocks they believe remain well-positioned for further gains09-08-2026
Sign inMasterInvest
RUENUK