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Cryptocurrency News Articles
Cardano (ADA) Price is Heating Up Again, and Starting to Come Under the Radar
May 10, 2025 at 03:01 pm
Crypto is heating up again, and Cardano is starting to come under the radar. As altcoins lead the charge and capital floods back into the market, ADA Cardano Price
After weeks of sideways action, the crypto market just delivered one of its strongest comeback days, as highlighted by Crypto Rover. A total of $235 billion in capital poured in today, reigniting risk-on sentiment across the board. While ETH price led with a 21% rally and Bitcoin posted a solid 5.8% gain, the real story is unfolding within the altcoin segment, which is starting to draw increased attention.
Cardano’s ADA surges 14% as part of a $235 billion crypto market surge. Source: Crypto Rover via X
Among the notable price moves, Cardano (ADA) surged 14% in yesterday’s session, pushing its three-day rally to nearly 20%. As one of the top-performing altcoins in this recovery phase, ADA is showing signs of renewed momentum and strengthening sentiment within the crypto community. Its growing presence in this bounce speaks to the rising interest in undervalued Layer 1s as capital continues to rotate across the market.
Cardano Steps Into the Spotlight
Following Cardano’s impressive multi-day rally, the attention has officially gone mainstream. ADA was featured on CNBC’s “Crypto World,” signaling that its momentum is not just a trader’s story, as it’s now entering broader investor awareness. ADA has outperformed Bitcoin and is keeping pace with Ethereum, both in price action and sentiment. This is crucial, as it showcases a broader narrative shift.
Cardano features on CNBC’s “Crypto World”. Source: StakeWithPride via X
This kind of visibility acts as a catalyst in itself. ADA is currently trading around $0.78 and has appreciated over 20% in just a few sessions. The rise is drawing in fresh interest from both institutional and retail traders who see it regaining strength as a legitimate Layer 1 contender.
ADA Price Analysis
While altcoins are rolling over a new wave of momentum, ADA’s recent technical breakout deserves a closer look, especially after its breakout from a multi-month downtrend channel. The chart shared by LLuciano_BTC highlights a clean trendline break, with price now trading above it.
ADA breaks multi-month downtrend, eyeing key reclaim levels at $0.70 and $0.80, with a potential push toward $1 ahead. Source: LLuciano_BTC via X
From here, ADA still has plenty of room to run if it can manage to reclaim key horizontal levels around $0.70 and $0.80. A confirmed move above that zone could put the $1 mark back in play over the coming weeks, especially with the broader market showing strength and capital flowing into mid-cap Layer 1.
Cardano Price Prediction: Bigger Picture Is Taking Shape
Zooming out for a macro-level view of ADA’s structure, crypto analyst Eilert shares a broader perspective. Historical patterns suggest Cardano tends to consolidate around key resistance before delivering explosive rallies, and the $1.13 to $1.20 range is emerging as that inflection zone. This area previously marked the tops of bear market rallies, and breaking above it could signal that Cardano is stepping into a new phase of the cycle.
Cardano’s ADA builds a constructive macro structure, with the $1.13-$1.20 zone emerging as a key breakout inflection point. Source: Eilert via X
This is where things get interesting. Until this breakout happens, the price action is still in the build-up stage, but the structure looks increasingly promising.
Cardano Outpacing Tech Giants By Margins
While the spotlight shifts between Ethereum and Bitcoin, Cardano is quietly heating up. According to TapTools, ADA has outperformed major tech giants like Apple, Nvidia, Tesla, Microsoft, and Amazon over the past 300 days.
Cardano’s ADA has outperformed major tech giants over the past 300 days. Source: TapTools via X
This also highlights the broader market momentum shifting toward undervalued crypto assets, which are now outperforming not just altcoin peers but also legacy names in the stock market.
Final Thoughts
Cardano’s recent surge is a reminder that momentum can shift quickly in crypto, especially when strong technical structures align with broader market trends. With ADA pushing past a downtrend line and showing relative strength against both crypto peers and tech equities, it’s safe to say the asset is beginning to factor back into this cycle in a significant way.
As capital continues rotating into Layer 1s and market sentiment remains buoyant, Cardano’s trajectory could continue upward. The macro view shows a promising structure, and with ADA now featuring on CNBC’s “Crypto World,” it seems broader investor awareness is catching up to the technical picture. The recurring “new cycle high” formations around rally zones also speak to a certain rhythm and intent in Cardano’s long-term chart. If Cardano manages to clear this resistance band with strength, it wouldn’
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