Cardano’s native token, ADA, is making waves, climbing to $0.79 as the crypto market surges, with Bitcoin soaring past $105,000. This rally, reported on May 21, 2025, follows a 19.53% weekly gain for ADA, driven by exciting developments like its integration into Brave Browser’s wallet, which boasts 80 million monthly users. This partnership allows seamless ADA transactions and governance participation, boosting accessibility. Meanwhile, Cardano’s founder, Charles Hoskinson, teased “dozens of deals” for the ecosystem, including the privacy-focused Midnight sidechain, sparking optimism.
Whales are also fueling the fire, snapping up 80 million ADA in just 48 hours, signaling confidence despite a recent dip from $0.865. Analysts see $0.81 as a key resistance; breaking it could push ADA toward $1 or even $1.79 by year-end. However, volatility looms—ADA dropped 4.52% in a recent sell-off, and a fall below $0.72 could trigger a 12% correction. For new investors, Cardano’s focus on scalability and DeFi makes it a compelling pick, but caution is advised. Could ADA’s steady growth and bold innovations outpace the crypto giants?
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.
NOTICE:
The information provided on trafy.io does not constitute investment advice or recommendations. All investment and trading activities involve risks, and readers are advised to conduct their own research before making decisions.