Due to the ongoing overall pressure in the market, the trading price of Cardano's ADA is approximately $0.7684, down 13% for the week, with trading volume decreasing by 45% to $555 million. The Midnight Foundation funded Catalyst Fund 15 to promote privacy-focused blockchain applications, targeting innovations such as concealed financial instruments. Despite the price crash, community sentiment remains bullish with 88% of people optimistic, and long-term enthusiasts have set a target price of $10 in response to the resurgence of adoption momentum.