Every week we provide insights into popular assets and hot topics in crypto, so you can easily learn more about the crypto market in bite-sized pieces.
In this Crypto in Focus we take a closer look at Cardano.
While the first few days of the new year have been generous to cryptocurrencies, the second week has been wild 📈 ride 📉, with Cardano (ADA) still hovering around $1, marking a significant drop from its 2023 ATH. However, some key indicators suggest that 2025 could bring the long-awaited turnaround.
1️⃣ BitcoinOS integration
Cardano’s upcoming integration with BitcoinOS 👨💻 (ADA/BTC bridge) is set to open up a $1.5 trillion market, potentially driving liquidity and increasing its Total Value Locked (TVL) in the DeFi space.
2️⃣ Midnight mainnet launch
A privacy-focused blockchain using zero-knowledge proofs will enhance the Cardano ecosystem, with its testnet already underway. 🚧
3️⃣ Technical momentum
Strong bullish signals, including a falling wedge pattern and support above the 100-day EMA, suggest that a breakout 🌡 is imminent.
Will 2025 mark Cardano’s breakthrough? Who knows - only time ⌚ will tell!
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