$ADA

Here's a quick snapshot of $ADA (Cardano) as of June 14, 2025:

๐Ÿ’ธ $ADA Price Overview

Current Price: ~$0.41

24H Change: โฌ‡ -1.7%

Market Cap: ~$14.5B

Rank: #10 by market cap

Circulating Supply: ~35.5B ADA

๐Ÿ“‰ Price Action Insight

Short-Term: ADA has faced resistance around the $0.45 zone, with lower highs forming a slight downtrend.

Support Level: Around $0.39 โ€” critical to hold.

Technical Signals:

RSI: ~44 (neutral zone)

MACD: Bearish crossover on the 4H chart

Bollinger Bands: Tightening โ†’ potential breakout brewing

๐Ÿ”ง On-Chain & Development

TVL: ~$320M (steady growth in DeFi protocols like Liqwid, Indigo, and Minswap)

Hydra: Live on mainnet, but usage is still low.

Mithril: Deployed โ€” designed to speed up syncing for lightweight nodes.

Midnight Chain: Under testnet โ€” focused on privacy features.

๐Ÿ“ข Narrative Right Now

Bulls say:

โ€œThis is the quiet accumulation phase. When the tech kicks in, ADA could run past $1.โ€

Bears say:

โ€œToo many promises, not enough adoption. Itโ€™s still a sleeping chain.โ€

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