Guy Fawkes 
My wife left me because I couldn’t stop buying at this Cardano price…but she won’t be sneering when ADA USD goes to $18-$20. Right, anon? Right?!
When I told my financial advisor this, he said, “Based anon, never give up on your dreams or whatever you call that.”
So, anyway, why has the
Cardano
9.57%
Cardano
ADA
Price
$0.4690
9.57% /24h
Volume in 24h
$1.31B
<!–
?
–>
Price 7d
price action looked so bad this year? ADA is down 57.6%. Is this coin dying?
DISCOVER: 20+ Next Crypto to Explode in 2025
Cardano Price Looks Smaller Than Ever: Is ADA USD in Decline?
Cardano’s long-running promise to be a secure, academically built Layer 1 is colliding with a harsher reality. Daily transactions remain low, developer activity has stalled, and few meaningful projects are being built on the chain, despite its years in the market. Why should I even hold this thing?!
One Redditor summarized the view bluntly: “Cardano have lost the race to be the secure OG Layer 1 and have no chance to compete in terms of speed, fees, or scale.”
That frustration is reflected on-chain. According to DeFi Llama, Cardano’s total value locked remains below many younger ecosystems, while CoinGecko data shows stagnant user growth. While Solana, Sui, and Avalanche are posting higher transaction rates and deeper liquidity pools, Cardano continues to lag with thin volumes and a shrinking market share.
Cardano’s daily chart paints a similar picture. The ADA Price remains trapped inside a grinding descending channel, characterized by lower highs and persistent rejections at key moving averages.
Key technical notes are as follows:
- The 20MA sits below the 200MA, a classic bearish continuation structure.
- Price repeatedly fails at the 200MA, reinforcing structural weakness.
- Bollinger Bands are compressing toward the downside, hinting at another potential drop.
Support at $0.420 has held several times, but each rebound is growing weaker. A breakdown targets the $0.410 zone. Resistance remains firmly at $0.433 to $0.435, where both the 200MA and upper band are capping every attempt to reclaim momentum.
No bullish reversal pattern is forming. The structure is a clean descending channel, not a cup-and-handle or head-and-shoulders setup.
DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025
What to Buy Instead of ADA? Night Crypto and Zcash Looking Strong
ADA’s struggles do not exist in a vacuum. Market attention is shifting toward assets with clear utility, measurable adoption, and regulatory viability. That helps explain the rising institutional curiosity around privacy infrastructure like Zcash and, if you are still invested in the ADA ecosystem, then Midnight Crypto.
ZEC’s team has Satoshi-era cryptographers, Naval, the Winklevoss twins, Snowden, and real ETF potential. – 99Bitcoins Analysts
Meanwhile, Binance is adding Cardano’s Midnight token, NIGHT, to its Alpha board tomorrow. Access opens through Alpha Points, and the exchange is treating it like a controlled detonation; this rollout is meant to push Midnight’s brand of “rational privacy” into the center of the Web3 map.
The pitch is simple for Midnight Crypto: private transactions without crossing regulatory tripwires. And it won’t launch alone. Bybit, OKX, Bitpanda, MEXC, and Gate.io are all lining up for day-one support, creating a synchronized lift that gives NIGHT a broader runway than most new privacy plays.
So, while Cardano isn’t totally dead yet, it does need a breakthrough update or an ecosystem revival. For now, 2026 appears to be the year for a privacy play.
EXPLORE: Zcash (ZEC) Price Prediction 2025-2040
Join The 99Bitcoins News Discord Here For The Latest Market Updates
Key Takeaways
- My wife left me because I couldn’t stop buying at this Cardano price…but she won’t be sneering when ADA goes to $18-$20. Right, anon?
- No bullish reversal pattern is forming. The structure is a clean descending channel, not a cup-and-handle or head-and-shoulders setup.
The post Cardano Price Defends $0.40 But Targets Downside as Binance Back NIGHT Crypto appeared first on 99Bitcoins.
Altcoins, ADA, Altcoin News Today, Cardano
99Bitcoins
[crypto-donation-box type=”tabular” show-coin=”all”]
