Price Analysis View Non-AMP

Cardano Price Prediction for Today (01st September 2025)

Published by
Shrishesh Tanksalkar

Cardano price has shown renewed strength, trading at $0.8333, up 3% in the past hour. Its market cap now stands at $29.76 billion, while 24-hour trading volume has spiked nearly 40% to $1 billion. The price range for the day has been $0.7964 to $0.8314, highlighting a push toward the upper band of recent consolidation.

The surge follows rising optimism around Grayscale’s Cardano ETF application, where Polymarket data shows approval odds at 87% ahead of the October 26, 2025 decision deadline. Moreover, Cardano’s new “Ouroboros Leios” protocol has entered public review, signaling continuous development and attracting investor attention.

On-chain Metrics Indicate Growing Network Activity

Santiment’s data shows a steady rise in active addresses, suggesting improving user participation. Address activity in yellow bars moves closely with ADA’s price action which is in green. Further confirming that the recent price action is backed by real network usage rather than speculative spikes.

Notably, active addresses have recovered from late July lows of ~19k to around 27.8k, matching ADA’s move back above $0.72. Historically, such increases in on-chain activity have preceded upward price momentum.

ADA Price Analysis:

On the 4-hour chart, ADA is trading near $0.844, with Bollinger Bands tightening, which is often a sign of incoming volatility. The RSI at 54 suggests neutral momentum with room for further gains before hitting the overbought territory. ADA’s immediate resistance sits just above the current price. While sustained buying pressure could drive the token to challenge the $1.022 level, and if that breaks, a push toward $1.20 may follow.

Support lies near $0.769, and holding above this level will be crucial to preserving the current bullish setup. If sellers gain control and ADA falls below this support, a deeper correction may follow. Conversely, if momentum continues and ADA price maintains its position above $0.80, buyers could attempt another leg higher toward $0.90 in the near term.

FAQs

Why is Cardano’s price rising today?

ADA is gaining on ETF approval optimism and the public review of the Ouroboros Leios protocol.

What is the next major resistance for ADA?

The next key resistance sits near $1.022, with a broader target at $1.20 if momentum holds.

Is Cardano’s price rally supported by fundamentals?

Yes, rising active addresses and strong trading volume confirm healthy network activity behind the move.

Shrishesh Tanksalkar

Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

Recent Posts

XRP Price Target Cut Sharply From $8 to $2.80 by Standard Chartered

A sharp shift in outlook from one of the world’s largest global banks has created…

February 16, 2026

Bittensor (TAO) Price Surges—How Long Will the $200 Mark Remain Out of Reach?

Bittensor (TAO) price is attempting a recovery after a sharp pullback, but the rally is…

February 16, 2026

Why Are Bitcoin, Ethereum, and XRP Prices Going Down Today?

The cryptocurrency market is facing another day of losses, with major assets such as Bitcoin,…

February 16, 2026

After Holding $65K Support, Can Bitcoin (BTC) Price Break Above $72,600?

Bitcoin price is once again trading at a critical juncture as derivatives data begins flashing…

February 16, 2026

Hedera vs Cardano: Which Crypto Could Win the 2026 Market Cycle?

After several years of volatility, two long-standing blockchain networks, Hedera (HBAR) and Cardano (ADA), are…

February 16, 2026

Why a Higher XRP Price Like $1000 Could Actually Make Payments Cheaper

A growing discussion in the crypto market is challenging a common assumption that higher token…

February 16, 2026