Cardano (ADA) is facing downward pressure, indicating a slight decline in its market value. Over the past 24 hours, the token has fallen by nearly 3.02%, reflecting short-term selling pressure and market volatility, but over the last week, it still maintains a 1.65% gain, showing signs of resilience and potential investor confidence. At the time […]Cardano (ADA) is facing downward pressure, indicating a slight decline in its market value. Over the past 24 hours, the token has fallen by nearly 3.02%, reflecting short-term selling pressure and market volatility, but over the last week, it still maintains a 1.65% gain, showing signs of resilience and potential investor confidence. At the time […]

Cardano (ADA) Price Outlook: Is a Break Above $0.80 the Gateway to $1.70?

2025/10/30 16:00
Cardano
  • Cardano founder Charles Hoskinson unveils cross-chain intent technology, allowing seamless execution.
  • Increased trading activity and market trends indicate growing interest from retail and institutional investors.
  • Analysts suggest ADA could overcome $0.80 resistance, potentially rallying to $1.70.

Cardano (ADA) is facing downward pressure, indicating a slight decline in its market value. Over the past 24 hours, the token has fallen by nearly 3.02%, reflecting short-term selling pressure and market volatility, but over the last week, it still maintains a 1.65% gain, showing signs of resilience and potential investor confidence.

At the time of writing, ADA is trading at $0.6459, supported by a 24-hour trading volume of $1.52 billion, which marks a notable 62.29% increase from the previous day, suggesting heightened trading activity and market interest. The token’s market capitalization currently stands at $23.16 billion, underscoring its growing presence within the crypto market.

Source: CoinMarketCap

Cardano Leads the Way with Cross-Chain Intent Technology

The crypto analyst, Mintern, noted that Cardano founder Charles Hoskinson unveiled a new vision for blockchain: a shift from traditional transactions to “intent-based” operations. Users will simply express their intentions, and the blockchain will automatically execute actions across multiple chains and assets, making interactions faster and more intuitive.

Hoskinson highlighted that Cardano’s architecture gives it a unique advantage. With its modular design and interoperability, the network could seamlessly support intent-based execution. Many now wonder if Cardano is poised to lead the next financial revolution, transforming how value moves in the digital world.

Also Read: Cardano (ADA) Eyes Recovery After Capital Inflows Push CMF to 3-Month Peak

Cardano (ADA) Price Setup Hints a Potential Rally to $1.70

Moreover, a prominent crypto analyst, Ali, revealed that Cardano (ADA) is reaching a critical point in its journey as it looks to break above the resistance level of $0.80. Breaking past this point could open doors to notable upside movements, attracting both retail and institutional investors. It is suggested that a successful break at this level could send ADA to $1.70.

Source: X

The price movements are impacted by larger market trends in crypto, developments in its dApp ecosystem, and various network upgrades. The traders are closely watching if ADA can break above $0.80 or if it will consolidate. Breaking out beyond this important level will largely determine a significant rally.

Cardano’s Steady Performance Points to a Breakout Ahead

According to the data from CryptoRank, in 2023, a very strong beginning and ending of the year with some modest downturns in between were evident, leading to a probable positive performance. On the contrary, in 2024, a predominantly negative performance is noticed with some points of positive gains scattered in between. An unusually large positive experience in one month made the performance largely contingent on this one month.

Source: CryptoRank

Moreover, 2025 has a more balanced and mixed performance trend with occasional modest advances and sharp reverses in between. As a whole, performance is less extreme than in 2024 and more consistent in patterns. There are less extreme variations in performances as in 2024.

Also Read: Cardano (ADA) Price Dips Amid Key Fibonacci Level Signaling Possible Rebound

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Whales Dump 100M ADA as Cardano Struggles Below $0.70

Whales Dump 100M ADA as Cardano Struggles Below $0.70

Whales offload 100M ADA, pushing Cardano price below $0.70. Analysts eye breakout as Grayscale ETF speculation fuels investor optimism. Solana gains traction with $69.5M ETF inflows boosting confidence. Cardano holders have faced a turbulent few days as large investors offloaded massive amounts of ADA. According to Ali Martinez, whales sold nearly 100 million ADA within just three days, creating noticeable selling pressure in the market. The cryptocurrency now hovers below the $0.70 mark, struggling to overcome its current resistance level. The wave of selling has stirred short-term uncertainty among retail investors. However, Cardano’s fundamentals remain firm, supported by strong development activity and increasing total value locked across its DeFi ecosystem. These indicators show that while prices fluctuate, network growth continues steadily behind the scenes. At the same time, the broader crypto market is showing weakness. Bitcoin trades near $110,925 after a slight dip, while Ethereum remains around $3,930. Despite the broader slump, sentiment within the Cardano community has not turned bearish, as optimism builds around potential catalysts. 100 million Cardano $ADA sold by whales in 72 hours! pic.twitter.com/2VXsZnx90m — Ali (@ali_charts) October 29, 2025 Also Read: Analyst: “XRP Structure Remains Intact” – See Multiple Price Targets ETF Speculation Ignites Optimism Among Cardano Investors Ali Martinez noted that Cardano may be preparing for a significant rebound. He explained that a confirmed break above $0.80 could open the path toward $1.70, signaling strong upside momentum. Many traders are now monitoring that level closely as a possible trigger for the next rally. Meanwhile, attention is focused on the potential Grayscale Cardano ETF. The fund recently reached its SEC decision deadline without an announcement, fueling speculation that it could launch soon. Such a move would allow institutional investors to gain regulated exposure to ADA, potentially driving fresh inflows into the market. Experts believe the ETF could play a crucial role in ADA’s price recovery. Grayscale’s recent filings show that Cardano meets the SEC’s rule 19b-4 listing standards, meaning the ETF could list without direct approval. Consequently, even moderate institutional demand could lift Cardano’s market cap and price in the near term. Solana Whale Transfer Sparks Market Attention An on-chain alert from Whale Alert showed 1,097,555 SOL tokens moving from a verified Coinbase Institutional wallet to a new address. The large transaction fueled speculation about institutional investors expanding their Solana exposure. Analysts noted the timing aligned with Bitwise confirming $69.5 million in first-day inflows for its spot Solana ETF ($BSOL), nearly 480% higher than $SSK’s debut, reflecting strong institutional interest in Solana. Hence, while Cardano faces temporary selling pressure, the broader altcoin market remains dynamic. Both ADA and SOL continue to attract significant institutional attention, suggesting that investor interest in major blockchain ecosystems is far from fading. Also Read: Egrag Crypto Says “XRP Family is Under Attack,” Here’s Why The post Whales Dump 100M ADA as Cardano Struggles Below $0.70 appeared first on 36Crypto.
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Coinstats2025/10/30 21:37