Brave Officially Integrates Cardano (ADA) Support into its Native Wallet

This partnership with Input Output Global (IOG), the developers behind Cardano, allows users to manage ADA and native tokens directly within Brave Wallet.

On May 12, privacy-focused browser Brave officially announced full Cardano (ADA) integration into its native multi-chain wallet. This partnership with Input Output Global (IOG), the developers behind Cardano, allows users to manage ADA and native tokens directly within Brave Wallet.

While the move was widely seen as positive for the Cardano ecosystem, the market response has been underwhelming. The token briefly spiked to $0.8336 following the news but failed to maintain the upward momentum.

As of May 14, ADA is trading at approximately $0.8084, showing a 2.61% decline on the day. Traders expected stronger gains, given the scale of the integration. However, the price failed to break through key resistance levels.

ADA Faces Technical Resistance Despite Bullish News

Currently, ADA is struggling to hold above the $0.80 mark. As per the ADA/USD 1-day chart, ADA was rejected near $0.83 and is now trading around $0.8084, down 2.61% on the day as of May 14.

Four key exponential moving averages (EMAs)—20, 50, 100, and 200-day—are converging between $0.71 and $0.74, forming a base. This structure usually supports upward movement, but the lack of strong follow-through suggests market hesitation.

The Relative Strength Index (RSI) currently reads 63.41. While this is close to the overbought zone (above 70), it also suggests that bullish momentum is slowing down. More notably, the RSI is forming lower highs while price attempts to rise—a classic bearish divergence pattern that often signals a possible pullback or consolidation ahead.

Unless ADA breaks above $0.85, the uptrend could stall.

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Why the Brave Integration Alone Wasn’t Enough

The Brave integration improves Cardano’s usability. Users can now access the Cardano blockchain directly from their browser, manage tokens, and interact with decentralized apps.

However, market reactions suggest that it wasn’t a strong enough catalyst for an ADA rally. This is not unique to Cardano. A similar pattern emerged when Brave added support for Solana in late 2021.

At that time, Solana (SOL) peaked near $248 on November 9, 2021, amid high trading volume. However, despite Brave’s support and growing ecosystem activity, the price gradually declined in the months that followed.

This precedent indicates that while integrations improve blockchain usability, they don’t always translate to immediate price gains—especially when broader market momentum is weak.

Investors may be waiting for more impactful updates—such as increased transaction volume, DeFi growth, or stronger on-chain metrics. Furthermore, broader macro factors, including Bitcoin’s performance and regulatory developments, continue to influence ADA’s price.