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Cardano Price Prediction: ADA Drops To $0.2760 Despite Coinbase Loan Integration


by Parshwa Turakhiya
for CoinEdition
Cardano Price Prediction: ADA Drops To $0.2760 Despite Coinbase Loan Integration

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AI Overview

Cardano price currently at $0.2760, following a 71% correction from September highs. Coinbase integrates ADA as collateral for loans up to $100K, but analysts highlight weak adoption with only 63 dApps and $85M TVL despite a $9.5B market cap.

Bearish
  • Cardano tests $0.2760 as Coinbase expands DeFi loans to include ADA collateral with up to $100K borrowing limits.
  • Price breaks below Supertrend at $0.3257 and SAR at $0.2455 after 71% correction from September highs above $0.95.
  • Analysts warn Cardano remains “ghost chain” with only 63 dApps and $85M TVL despite $9.5B market cap.

Cardano price today trades near $0.2760, up 0.95% in the past 24 hours as the token attempts to stabilize after breaking below critical support levels. The move comes as Coinbase announced it will accept ADA as collateral for onchain loans, though analysts warn that fundamental adoption metrics remain weak despite the integration.

Coinbase Adds ADA As Loan Collateral Via Morpho Protocol

Read The Full Article Cardano Price Prediction: ADA Drops To $0.2760 Despite Coinbase Loan Integration On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 1.41

-3.51%

$ 0.272

-3.16%

$ 52.51

-2.53%

$ 0.0977

-2.24%

$ 0.99993

+0.01%

Funds

Share:

In This News

Coins

$ 1.41

-3.51%

$ 0.272

-3.16%

$ 52.51

-2.53%

$ 0.0977

-2.24%

$ 0.99993

+0.01%

Funds

Share:

Read More

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Cardano Price Prediction: ADA Drops To $0.2760 Despite Coinbase Loan Integration


by Parshwa Turakhiya
for CoinEdition
Cardano Price Prediction: ADA Drops To $0.2760 Despite Coinbase Loan Integration

Share:

AI Overview

Cardano price currently at $0.2760, following a 71% correction from September highs. Coinbase integrates ADA as collateral for loans up to $100K, but analysts highlight weak adoption with only 63 dApps and $85M TVL despite a $9.5B market cap.

Bearish
  • Cardano tests $0.2760 as Coinbase expands DeFi loans to include ADA collateral with up to $100K borrowing limits.
  • Price breaks below Supertrend at $0.3257 and SAR at $0.2455 after 71% correction from September highs above $0.95.
  • Analysts warn Cardano remains “ghost chain” with only 63 dApps and $85M TVL despite $9.5B market cap.

Cardano price today trades near $0.2760, up 0.95% in the past 24 hours as the token attempts to stabilize after breaking below critical support levels. The move comes as Coinbase announced it will accept ADA as collateral for onchain loans, though analysts warn that fundamental adoption metrics remain weak despite the integration.

Coinbase Adds ADA As Loan Collateral Via Morpho Protocol

Read The Full Article Cardano Price Prediction: ADA Drops To $0.2760 Despite Coinbase Loan Integration On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 1.41

-3.51%

$ 0.272

-3.16%

$ 52.51

-2.53%

$ 0.0977

-2.24%

$ 0.99993

+0.01%

Funds

Share:

In This News

Coins

$ 1.41

-3.51%

$ 0.272

-3.16%

$ 52.51

-2.53%

$ 0.0977

-2.24%

$ 0.99993

+0.01%

Funds

Share:

Read More

XRP Price Prediction: Can Permissioned DEX Catalyst Reverse Downtrend?

XRP Price Prediction: Can Permissioned DEX Catalyst Reverse Downtrend?

XRP price today trades near $1.4236, up 0.18% in the past 24 hours as the token conso...
Terra (LUNA) Price Prediction: Terra Struggles to Reverse Downtrend as Leverage Spikes

Terra (LUNA) Price Prediction: Terra Struggles to Reverse Downtrend as Leverage Spikes

Terra’s LUNA token continues to trade under pressure on the 4-hour chart, even as sho...