Currencies37845
Market Cap$ 2.41T-5.40%
24h Spot Volume$ 54.33B+14.6%
DominanceBTC55.32%-1.36%ETH9.34%-1.47%
ETH Gas0.31 Gwei
Cryptorank
/

Cardano Price Prediction: ADA Tests $0.25 As Midnight Lands First UK Bank Deal


Cardano Price Prediction: ADA Tests $0.25 As Midnight Lands First UK Bank Deal

Share:

AI Overview

Cardano adoption milestone: Midnight partner chain signed with UK bank Monument to tokenize £250M of deposits on a public blockchain; Charles Hoskinson confirmed ADA infrastructure (not just NIGHT token) is built into the deal. Market/technical snapshot: ADA trades at $0.2541 (-0.20%), pressing the lower Bollinger Band at $0.2436 with SAR at $0.2873; price fell from $0.85 in Oct to ~ $0.24 in Feb and shows compressed Bollinger Bands at a critical floor. Implication: The Monument tokenization deal strengthens Cardano infrastructure adoption and credibility for crypto/DeFi tokenization and fundraising, but near-term downside risk remains until technical support holds.

Bullish

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner
  • ADA trades at $0.2541, down 0.20%, pressing into the lower Bollinger Band at $0.2436 with the SAR at $0.2873 overhead.
  • Midnight, Cardano’s privacy partner chain, signed a deal with UK bank Monument to tokenize £250M in deposits on a public blockchain for the first time.
  • Cardano founder Charles Hoskinson confirmed ADA infrastructure is part of the Monument deal, not just Midnight’s NIGHT token.

Cardano’s partner chain Midnight inked a £250M deposit tokenization deal with UK bank Monument on Wednesday. ADA trades at $0.2541, testing key support, with Hoskinson confirming Cardano components are built into the deal’s infrastructure.

ADA Daily Chart: Bollinger Bands Compressing At A Critical Floor

ADA Daily Price Action (Source: TradingView)

The daily chart captures six months of sustained selling from $0.85 in October to a low near $0.24 in February. Since then…

Read The Full Article Cardano Price Prediction: ADA Tests $0.25 As Midnight Lands First UK Bank Deal On Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 0.212

-8.11%

$ 0.0364

-7.15%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

In This News

Coins

$ 0.212

-8.11%

$ 0.0364

-7.15%

Predictions Markets

See what traders are focused on

View analytics →
Prediction Banner

Share:

Read More

Pi Network Price Prediction June 2026: June Flood of 169M Tokens Meets the Weakest Chart Since Launch

Pi Network Price Prediction June 2026: June Flood of 169M Tokens Meets the Weakest Chart Since Launch

Pi Network trades at $0.1427 on June 2, breaking below the Keltner Channel lower band...
Dogecoin Price Prediction: Paxos Deal Brings PayPal’s Infrastructure to DOGE While $0.099 Channel Support Cracks

Dogecoin Price Prediction: Paxos Deal Brings PayPal’s Infrastructure to DOGE While $0.099 Channel Support Cracks

Dogecoin trades at $0.09904 on June 2, pressing against the lower trendline of an asc...