Cardano's ADA token is attracting attention with significant development steps and potential signals for strong price increases. The three reasons include connection with Bitcoin, the launch of the sidechain, and a large-scale airdrop, along with the interest of institutional investors.
Cardano is not only expanding its ecosystem by integrating the Bitcoin network but is also preparing to launch the new Midnight sidechain along with the Glacier airdrop for tens of millions of wallets. This contributes to driving cash flow and interest in the ADA Token in 2025.
MAIN CONTENT
The connection between Cardano and the Bitcoin network enables secure Bitcoin transactions on the Cardano blockchain.
Launching the Midnight sidechain with high-security features and large-scale Glacier airdrop for 37 million wallets.
Cardano attracts institutional investment of 73 million USD and proposes the first Cardano ETF in the United States.
How does Cardano connect with Bitcoin and what are the benefits?
Cardano has successfully integrated its blockchain with the Bitcoin network through the Bitcoin OS platform, allowing Bitcoin and Cardano to interact seamlessly. This enables users to send and receive Bitcoin on Cardano without the need for risky bridge solutions.
This connection paves the way for borrowing and staking Bitcoin directly on the Cardano blockchain, promising to attract more users and liquidity for the Cardano ecosystem, while enhancing security compared to traditional multi-chain bridge solutions.
What is special about Cardano's Midnight sidechain and Glacier airdrop?
Cardano is preparing to launch a new sidechain called Midnight, integrating security features such as private smart contracts to meet the needs of organizations requiring high privacy. This sidechain also supports multi-chain connections to expand Cardano's interoperability capabilities.
In particular, the Glacier airdrop event with over 24 billion NIGHT Tokens will be distributed to 37 million wallets holding at least 100 USD in ADA or other cryptocurrencies before June 11, 2025. Detailed information about the airdrop schedule will be announced by founder Charles Hoskinson at the Rare EVO event in Las Vegas in August 2025.
How do the market and institutional investors perceive Cardano in 2025?
As of now, Cardano has raised over 73 million USD from institutional investment funds, leading the way compared to many other cryptocurrency projects in 2025. This is a clear sign of confidence in the sustainable development potential of Cardano.
At the same time, the Grayscale fund has filed for the launch of the first spot Cardano ETF in the United States, expected to be approved in October 2025. This will be a significant turning point to boost traditional investors' access to the ADA Token.
“The successful testing of ADA at the important support level around 0.7060 USD and the Fibonacci range from 0.5-0.618 opens the opportunity for growth to 1.5 USD.”
Technical analysis expert, 2025
What is the current price of ADA and the forecast for the next growth?
At the time of writing, ADA is trading at around 0.74 USD, up 2% in the last 24 hours. The price of ADA has just successfully tested the 200-day EMA and important Fibonacci support levels, creating favorable conditions for the next price surge.
If this trend continues, ADA could aim for a target of 1.5 USD in upcoming trading sessions, attracting strong interest from the cryptocurrency investor and trader community.
Frequently Asked Questions
How does Cardano connect with Bitcoin?
Cardano uses Bitcoin OS to link its blockchain with the Bitcoin network, enabling secure Bitcoin transactions without the need for risky bridge solutions.
What are the participation conditions for the Glacier airdrop?
Holders of at least 100 USD in ADA or specified tokens before June 11, 2025, in a self-custody wallet are eligible to receive NIGHT Tokens.
What benefits does the Midnight sidechain bring?
Midnight provides private smart contracts, enhancing security to meet the needs of organizations and allowing connections to various other blockchains.
How does institutional investment view Cardano?
Cardano attracts institutional investment of 73 million USD in 2025 and is preparing to have the first Cardano ETF fund in the United States, demonstrating confidence in the project's potential.
What price can ADA reach in the near future?
ADA's price has a chance to rise to 1.5 USD if it maintains the current technical support and upward momentum in the cryptocurrency market.
Source: https://tintucbitcoin.com/cardano-ada-sap-but-pha-manh/
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