A new YouTube video is breaking down where Cardano price might be heading next, and why $1.41 could be more than just a dream.
The analysis covers everything from the upcoming Midnight token airdrop for ADA holders to some bullish signals from whales quietly stacking up coins. With ADA slowly climbing and holding key levels, traders are starting to give interest again.
ADA Holders Could Receive a Midnight Airdrop – But There’s a Catch
One of the big topics in the video is the Midnight token airdrop. It includes two new tokens, Night and Dust, and they’re tied to ADA.
But here’s the thing if you don’t claim the airdrop, you don’t get anything. The host points viewers to a full video guide explaining how to claim the tokens and what they actually do.
This airdrop is expected to bring more activity to Cardano, especially since Midnight is built as a sidechain.
It’s meant to bring extra privacy and smart contract features to the ecosystem, and that might be what ADA price needs to spark the next leg up.
Cardano Price Is Moving – But Resistance Zones Are Still in Play
ADA price recently bounced from the $0.56 range and is now pushing toward $0.67 to $0.70. It’s trading above the 100-hour moving average, which the video says is usually a bullish sign.
But bigger resistance is still ahead. The ADA chart shows key zones at $0.94, $1.28, and $1.41. Those are the levels ADA would need to break to keep the momentum going.
Traders are watching these zones closely. If ADA clears them, the chart could open up toward higher targets, but there’s still work to do.
Read Also: Cardano (ADA) Price Chart Signals a Prime Dip Buy – Will $0.54 Act as the Launchpad?
Big Long-Term Dreams for ADA, But DeFi Still Lags
The video also touches on some big long-term hopes. There’s a scenario floating around where $10,000 in ADA price today could become $1 million by 2035, if ADA hits $60.
That sounds exciting, but there are some roadblocks. Cardano DeFi numbers are still low compared to others. TVL is sitting around $251 million, while the Solana DeFi ecosystem is already at $8.6 billion.
On top of that, only about $31 million in stablecoins are moving around on Cardano right now, which is still small for a Layer 1 chain.
Whales Keep Buying ADA – and Traders Are Taking Note
One part of the video that stood out is the whale activity. Big ADA wallets are still accumulating. That’s usually taken as a sign that long-term holders believe ADA price is undervalued at these levels.
It doesn’t mean a breakout is guaranteed, but when whales are buying during sideways movement, it tends to catch the market’s attention.
Traders are keeping an eye on this, and waiting to see if ADA can turn that strength into something bigger.
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The post Is Cardano Gearing Up for a Breakout? ADA Price, Airdrop, and Whale Clues Explained appeared first on CaptainAltcoin.