Cardano saw trading volume jump about 40% in the last 24 hours while ADA's price slid toward the $0.10 area, a bearish combination signaling heavy selling pressure. Bulls should view this spike with caution, as high volume on declines often precedes further downside or capitulation.
For investors deploying $1,000 today, Cardano (ADA) may offer more upside than Bitcoin (BTC) because of broader utility and ongoing ecosystem development. Bitcoin remains the dominant store-of-value with superior liquidity, but its limited functional use could constrain future gains relative to programmable chains.
Cardano (ADA) slipped below key support levels on Nov. 14 as a death cross formed on major moving averages, intensifying selling and liquidation risk. Traders and analysts say market structure now favors bears until price reclaims damaged technical levels.
The rollout of Cardano's ADA Card coincides with a clear rise in on-chain activity and a bullish chart setup for ADA, suggesting the network's utility is gaining traction beyond price speculation. Traders and users are watching whether fresh payment flows can push ADA into a sustained breakout.
Cardano founder Charles Hoskinson praised Midnight Network on Nov. 13 as a remedy to centralized digital identity control, calling it a safe space for opinions without fear of being blacklisted. He framed the project as a defense for open-source contributors and free expression.
Cardano Summit 2025 brought together leaders from crypto and finance to discuss how blockchain and AI can converge, with a focus on practical integrations and the future path for ADA.
Emurgo and Wirex previewed the Cardano Card in Berlin with a planned 2026 rollout and up to 8% crypto cashback, a move that could boost ADA spendability. Technicals show resistance at $0.60, support near $0.51 and an RSI around 63.
Cardano's daily chart confirmed a death cross as ADA slipped more than 1.2% in the past 24 hours, cementing bearish momentum. The pattern raises downside risk for traders and could amplify selling pressure if broader markets remain weak.

Wirex and EMURGO unveiled the first Cardano-powered crypto card, enabling users to spend ADA and more than 150 other cryptocurrencies globally through the Wirex app. The move promises wider on‑ramp utility for ADA and a new consumer-facing layer for Cardano.

Cardano founder Charles Hoskinson says ADA is fully aligned with the ISO 20022 messaging standard, positioning the network alongside XRP for next-generation financial integration. He emphasized Cardano’s readiness to support institutional messaging and cross-border use cases as global finance adopts the standard.