Cardano Price Prediction: Can ADA Price reach $1 After Market Consolidation?
Cardano ( ADA ) has been consolidating around the $0.65 support level, with price action staying above $0.60 despite market fluctuations. As the broader crypto market stabilizes, investors are closely watching ADA, anticipating a breakout once bullish momentum returns.
ADA/USD 1-day chart - TradingView
Historically, holding above strong support levels is a sign of resilience, and traders are increasingly considering ADA as a promising buy opportunity before the next market surge.
In a groundbreaking development, Cardano is moving to integrate its Hydra scaling solution with Bitcoin’s Lightning Network. This major upgrade, announced by Charles Hoskinson, aims to establish a trustless, recursive bridge between the two blockchains, facilitating seamless cross-chain functionality.
If successful, this integration could significantly boost Cardano’s scalability and interoperability, making it a more attractive option for both developers and investors. Such advancements may contribute to a long-term bullish outlook for ADA.
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Despite these positive developments, Cardano faces a setback as $SNEK , one of its top meme tokens, has announced its migration to the Base blockchain. The project cited Base's superior decentralization and technological advantages as key reasons for the move.
This shift could negatively impact Cardano’s ecosystem in the short term, highlighting the need for the network to enhance its competitiveness. If Cardano wants to retain projects and attract new ones, it must continue innovating and addressing concerns related to scalability, decentralization, and ecosystem growth.
--> Click here to Trade Cardano Coin with Bitget <--
Given the current market conditions and upcoming upgrades, ADA could be poised for a strong recovery . If bullish momentum returns, here are potential price targets for Cardano:
Cardano ( ADA ) has been consolidating around the $0.65 support level, with price action staying above $0.60 despite market fluctuations. As the broader crypto market stabilizes, investors are closely watching ADA, anticipating a breakout once bullish momentum returns.
ADA/USD 1-day chart - TradingView
Historically, holding above strong support levels is a sign of resilience, and traders are increasingly considering ADA as a promising buy opportunity before the next market surge.
In a groundbreaking development, Cardano is moving to integrate its Hydra scaling solution with Bitcoin’s Lightning Network. This major upgrade, announced by Charles Hoskinson, aims to establish a trustless, recursive bridge between the two blockchains, facilitating seamless cross-chain functionality.
If successful, this integration could significantly boost Cardano’s scalability and interoperability, making it a more attractive option for both developers and investors. Such advancements may contribute to a long-term bullish outlook for ADA.
--> Click here to Trade Cardano Coin with Bitget <--
Despite these positive developments, Cardano faces a setback as $SNEK , one of its top meme tokens, has announced its migration to the Base blockchain. The project cited Base's superior decentralization and technological advantages as key reasons for the move.
This shift could negatively impact Cardano’s ecosystem in the short term, highlighting the need for the network to enhance its competitiveness. If Cardano wants to retain projects and attract new ones, it must continue innovating and addressing concerns related to scalability, decentralization, and ecosystem growth.
--> Click here to Trade Cardano Coin with Bitget <--
Given the current market conditions and upcoming upgrades, ADA could be poised for a strong recovery . If bullish momentum returns, here are potential price targets for Cardano:
HBAR Foundation Teams Up to Push ERC-3643 RWA Adoption
HBAR Foundation has officially joined the ERC3643 Association, a strategic move that demonstrates their commitment to expanding the application of Real World Assets (RWA) tokenization.
More than just a formality, this collaboration paves the way for broader collaboration with various institutions in utilizing ERC-3643, a standard that has been widely used in issuing and managing blockchain-based assets in a regulatory-compliant manner. In other words, this is like laying a strong foundation before building a magnificent house called the future digital economy.
ERC-3643 itself is not a new player. This standard has been used in various cases, including the tokenization of green bonds by major banks such as Citi and ABN AMRO.
With its permission-based characteristics, ERC-3643 allows the issuance of digital assets that are more controllable and in accordance with the law. So if you imagine digital assets like building access cards, ERC-3643 ensures that only people with permission can enter.
Joining the HBAR Foundation is not just a matter of branding. Through this collaboration, they will encourage more institutions to look at and use ERC-3643, especially on the Hedera network.
On the other hand, the position of the HBAR Foundation, which is directly involved in the Hedera Governing Council, gives them the space to align this standard with enterprise needs without having to sacrifice the technological efficiency that is already Hedera’s hallmark.
If usually the adoption of new technology takes a long time because large companies tend to be careful, the presence of a proven standard such as ERC-3643 can be a bridge. Moreover, with the HBAR Foundation helping to encourage the use of this standardization, the onboarding process can be faster and with minimal drama.
“We’re excited for The HBAR Foundation to join the ERC3643 Association, enabling us in our mission to accelerate institutional adoption of the Hedera network and onchain finance as a whole,” said Sabrina Tachdjian, Head of Fintech & Payments at The HBAR Foundation.
In February, Hedera also had two other big news. First, their collaboration with Dell Technologies. Dell will use Hedera to record real-time data from its edge infrastructure. This step is to ensure that the recorded data can be trusted and can be audited at any time.
Interestingly, this project also involves testing AI services integrated with the Hedera Consensus Service. So besides the blockchain, there is a touch of AI that makes this project even more relevant.
Furthermore, Hitachi, a giant Japanese company, has also officially joined the Hedera Governing Council as the 32nd member. With Hitachi’s entry, Hedera strengthens its foothold in the Asian market.
And more importantly, a name as big as Hitachi adds value in terms of credibility. When a company of this class chooses to enter a network, it is a kind of signal to the market that Hedera is not a playful project.
On the other hand, CNF had reported a bullish prediction from a crypto analyst for the HBAR token. Based on technical analysis and the breakout of important resistance levels, the analyst sees a potential rally of more than 140% for this token.
Meanwhile, as of press time, HBAR is swapped hands at about $0.1601, down 7.49% over the last 24 hours and 16.28% over the last 7 days.
The Minister Of Digital Affairs Paves The Way For Bitcoin Mining In France
What if France became a hub of innovation for Bitcoin? While the debates on cryptocurrency often oscillate between fascination and distrust, Clara Chappaz, the delegated minister for Digital Affairs, opens an unprecedented door: exploiting French nuclear power to mine Bitcoin. A bold proposal, blending economic pragmatism and energy sovereignty. During a visit to Ledger, a French leader in blockchain security, the minister outlined a vision where the Hexagon could tame the paradoxes of Bitcoin. Not without nuance.
The idea is not new, but it is gaining credibility. EDF, a public energy giant, is drowning under a debt of 65 billion euros. However, its nuclear plants sometimes produce an unused surplus of electricity…
Why not convert this energy into Bitcoin? A simple calculation: cryptocurrency mining valorizes excess electricity, generating instant revenues. Marine Le Pen mentioned it in Flamanville, but the government remained silent. Until now.
Clara Chappaz breaks the taboo. “This subject has been captured by extreme fringes of public debate, while it deserves serious analysis”
No noisy communication, but a thorough study. The recent appointment of Bernard Fontana at the head of EDF offers a fresh perspective. “We need to evaluate this without ideology, ask the right economic questions”, she insists . A pragmatism that contrasts with traditional postures.
There remains a pitfall: the image of Bitcoin, often associated with speculation or pollution. The minister knows this. “It’s inter-ministerial, not just digital”, she slips.
An implicit admission: to convince Bercy or the Energy Transition, figures will be needed, not slogans. What if France became a low carbon mining laboratory? The equation is tempting… but fragile.
If Bitcoin crystallizes economic hopes, it also questions French digital sovereignty. Another challenge awaits Clara Chappaz: reconciling innovation and regulation, between digital euro and administrative sluggishness.
The digital euro is advancing, but fears persist. Christine Lagarde (ECB) sets October 2025 as the deadline for its launch.
Behind the scenes, Clara Chappaz listens to French stakeholders. The protection of personal data is crucial, she reminds.
A message to Brussels, where the project struggles to reassure. The minister promises dialogue spaces to carry local voices. But Europe is moving slowly, and France must play collectively.
“Let’s organize ourselves!”, she urges the ecosystem. Specifically, French companies need to unite their positions, despite their differences.
A challenge: how to reconcile pro-Bitcoin start-ups and traditional banks? The minister sees herself as a mediator, “a bridge between France and Europe.” A key role, as the European regulator (MiCA) imposes strict rules.
Another grievance: the delays from the AMF. PSAN approval requests drag on, hampering innovation. Clara Chappaz tackles the subject head-on. “I’ve discussed this with the AMF. Let’s simplify, let’s draw inspiration from abroad.”
A veiled criticism towards an administration that can sometimes be paralyzed. For the minister, accelerating procedures is vital. Can France become a crypto hub while respecting standards? The balance is delicate.
Clara Chappaz embodies a new generation of decision-makers: tech-savvy, yet realistic. Her approach to Bitcoin? Neither idealism nor rejection, but a quest for added value made in France. Between nuclear mining and the digital euro, the road is fraught with obstacles.
But one certainty remains: France refuses to be a spectator in a society where cash could soon disappear .