$ADA

Cardano (ADA) is currently trading around $0.628, showing slight price fluctuation within a tight range of $0.615 to $0.639 in the past 24 hours. Recent whale activity has stirred the market, with over 310 million ADA being accumulated while others sold nearly 270 million, signaling mixed investor sentiment. Technically, ADA is forming a triangle consolidation pattern, suggesting a potential breakout if it crosses the $0.64–$0.65 resistance zone. The Cardano Foundation's launch of "Originate," a supply chain authentication tool, marks its expansion beyond DeFi. Meanwhile, a proposed $100 million ADA allocation to stablecoin liquidity has caused debate and brief price dips. ADA’s short-term trend remains cautious but with breakout potential if bullish momentum continues.