News View Non-AMP

Top Three Reasons Why Cardano (ADA) Is Ready To Breakout

Published by
Anjali Belgaumkar and Qadir AK

Cardano’s native token ADA has been making headlines recently. From development updates to big announcements, the token seems to be gearing up for a big move. According to AltcoinBuzz, ADA could be eyeing a price rally, and here are three key reasons why.

Cardano Connects with Bitcoin

Cardano recently made a big move by connecting its blockchain with the Bitcoin network. This was done using something called Bitcoin OS, which lets Bitcoin and Cardano work together. This makes it easier to move Bitcoin in and out of the Cardano network without using risky bridges.

It allows users to lend and stake Bitcoin safely on the Cardano blockchain. This could bring more users and money into the Cardano ecosystem.

Midnight Sidechain and Glacier Airdrop

Cardano is also launching a new sidechain called Midnight. This will bring privacy features and private smart contracts, something institutions really want. It will also connect with other blockchains.

The most exciting part for many is the Glacier Airdrop. Over 24 billion NIGHT tokens will be given out to 37 million wallets. If you held $100 or more in ADA, Bitcoin, Ethereum, XRP, BNB, Solana, Avalanche, or BAT by June 11, 2025, in a self-custody wallet, you may be eligible.

Cardano founder Charles Hoskinson is expected to announce the airdrop schedule soon, possibly during the Rare EVO event in Las Vegas this August.

Growing Institutional Interest

So far in 2025, Cardano has received $73 million in investment from large institutions — more than most other cryptocurrencies. Grayscale has also filed to launch the first Cardano spot ETF in the U.S., with a decision expected in October 2025.

Conclusion

At the time of writing, ADA is trading at $0.74 with a 2% gain in the past 24 hours. According to an expert, the price recently tested the 1-day 200 EMA (Exponential Moving Average) around $0.7060. This level also matches the important Fibonacci support zone (between 0.5 and 0.618), which often signals a strong setup for the next upward move.

If this trend continues, the next target for ADA could be $1.50.

FAQs

Why is Cardano (ADA) price up today?

ADA’s 2% rise today follows Bitcoin integration news, Midnight sidechain hype, and Grayscale’s ETF filing. Technicals show strong support at $0.7060.

What’s driving Cardano’s growth in 2025?

Three key factors: Bitcoin interoperability, $73M institutional inflows, and the upcoming Midnight privacy platform with massive NIGHT token airdrop.

How does Cardano’s Bitcoin connection work?

Through Bitcoin OS – enabling secure BTC transfers to Cardano for staking/lending without bridges. This boosts DeFi opportunities across both chains.

When will Cardano’s ETF decision happen?

Grayscale’s ADA spot ETF faces SEC decision by October 2025. Approval could mirror Bitcoin ETF impacts, potentially driving ADA toward $1.50.

Anjali Belgaumkar and Qadir AK

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Recent Posts

Ethereum Price Prediction to $10,000 With 120% Up From $4,551 vs Ozak AI to $1 With 8,333% Up From $0.012 – The Percentage Winner

Ozak AI ($OZ) has become a top focus in the ongoing crypto bull market. Built…

October 10, 2025

Crypto Weekend Watch: What’s Next for Ethereum, XRP, Solana, and BNB Prices?

The global cryptocurrency market cap stands at $4.13 trillion, up 0.53% in the past 24…

October 10, 2025

PayDax’s Unique Lending and Earn Features Make it the Best Presale to Buy Now

The crypto market has faced a sharp downturn, with major assets like Bitcoin and Solana…

October 10, 2025

XRP Price Outlook 2025: Can Ripple Reach $5 Amid Rising Supply and ETF Inflows?

The XRP price has continued to trade in a narrowing price action that’s getting tighter,…

October 10, 2025

Morgan Stanley Lifts Ban on Bitcoin and Crypto Investments

Morgan Stanley, managing $1.3 trillion in assets, has lifted restrictions on Bitcoin and crypto investments…

October 10, 2025

Ethereum Price Prediction 2025, 2026 – 2030: Can ETH Reach $10k?

Story Highlights The Ethereum price today is . ETH price with a potential surge could…

October 10, 2025