- Cardano ADA holds $0.80 support, keeping rebound potential toward $0.95 on the trading chart.
- Cardano DeFi TVL stands at $320.11M, with 23,007 active addresses in the past 24 hours.
- The Cardano Foundation pledged major ADA allocations to boost liquidity, governance, and innovation.
Cardano ADA continues to consolidate within a narrow trading range after recent price swings. The token has tested the $0.80 support multiple times, and holding above this level keeps the potential path toward $0.95 open. Short-term trading opportunities remain defined by clear support and resistance zones on the chart.
Support Zones Define Cardano’s Short-Term Path
Cardano recently touched $0.95 before declining toward $0.81, where buyers stepped in to defend the support. The price has since stabilized around $0.79 to $0.82, forming a base for possible recovery. According to an analysis prepared by Ali Charts, the $0.80 level is critical because it has held during repeated tests.
Resistance levels are positioned near $0.85 and $0.88, with stronger resistance around $0.94 to $0.95. Market activity shows that sellers pressed prices lower during recent declines, yet buyers consistently protected the $0.80 mark. Chart projections indicate a potential rebound first toward $0.85, then $0.88, and later $0.95 if momentum builds.
DeFiLlama data shows that Cardano’s total value locked in decentralized finance is $320.11 million. Stablecoin market capitalization within Cardano DeFi stands at $38.97 million, while daily decentralized exchange volume reached $2.49 million. Active addresses during the last 24 hours numbered 23,007, reflecting strong on-chain participation.
Cardano Foundation Strengthens Ecosystem Liquidity
The Cardano Foundation has pledged an eight-figure ADA allocation to boost stablecoin liquidity. According to the foundation, this initiative enhances liquidity depth and aims to improve decentralized finance stability across the network.
The roadmap also includes a $10 million real-world asset initiative to broaden ADA’s practical applications. Furthermore, 220 million ADA has been allocated to decentralized representatives to reinforce governance, while 2 million ADA was directed to the Venture Hub to promote innovation.
According to TapTools, Cardano has recorded continuous exchange outflows since its peak, suggesting strong holding interest. With ADA trading near $0.79 and a market capitalization of $28.9 billion, analysts note that as long as $0.80 holds, the rebound toward $0.95 stays possible.