Cardano Price Prediction: Are New Highs For ADA Still Likely Despite Price Sinking?

Cardano Price Prediction: Are New Highs For ADA Still Likely Despite Price Sinking?
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Cardano price prediction faces scrutiny as ADA’s value continues to dip amid market fluctuations. Despite recent declines, investors and analysts are assessing whether ADA can rebound and reach new highs. The coming months will reveal if Cardano’s fundamentals and upcoming developments can support a strong recovery or if the downward trend will persist.

Cardano Hits 110 Million Transactions but Faces Growing Bearish Pressure

Cardano recently crossed 110 million total transactions, signaling ongoing network activity. However, analysts suggest that ADA may face downside pressure. Cardano’s price recently slid below the $0.70 support level after a massive sell-off from its whales. Large holders have been offloading as eroding key support zones cripple the Cardano price prediction.

This sell-off coincides with delays in the approval of a Cardano ETF, which had been anticipated to provide upward momentum. The lack of regulatory clarity appears to weigh on market sentiment. Moreover, derivatives data point toward increased bearish positions, reinforcing the cautious outlook.

Price action shows ADA testing lower support levels around $0.65, while attempts to reclaim $0.70 have met resistance. Analysts suggest that unless a fresh catalyst emerges, ADA could remain pressured near these lows. Yet, Cardano’s network fundamentals, reflected in consistent transaction growth, still underline its underlying utility.

According to on-chain data, Cardano faces liquidity challenges, regulatory delays, and complications involving its founder, Charles Hoskinson. Despite collaborations with Brave, Input Output Global, and more, the sentiments around the ADA token are becoming bearish. As a result, ADA may be on its way out of the top 10 cryptos, with HYPE right behind.

Source: CoinMarketCap
Source: CoinMarketCap

Cardano Rally Faces Doubts as Traders Pull Back on Leverage

Cardano (ADA) recorded an 11% gain in May, yet derivatives data suggest a weakening bullish outlook. Open interest across major exchanges shows signs of flattening, with funding rates dropping despite the recent price uptick. 

The analysts see this divergence as a foremost warning signal, saying that leveraged traders are not willing to risk further capital. Meanwhile, investor opinion continues to be split following UniLend's announcement of a USDT passive income product on the Cardano blockchain.

Analysts Eye 50x Growth Potential for Remittix’s Cross-Border Payment Solution

Traders saw bitcoin ETFs as their signal that the integration of crypto and traditional finance was speeding up in early 2025. As a result, Remittix has garnered increasing attention for the very reason it competes to offer seamless crypto-to-fiat payments.

Built on Ethereum, Remittix leverages recent network upgrades that have lowered gas fees and boosted transaction finality. That means users can move stablecoins or ETH into local currencies without delays. It’s a function that’s becoming more relevant as regulators in Europe and Asia roll out clearer guidelines for crypto payments.

The strength of Remittix lies in its modular API suite. Businesses integrating with the protocols can accept crypto payments and settle directly for fiat. This approach attracted some attention as many fintech startups in Latin America started experimenting with "crypto payroll" for remote teams. The on-ramp and off-ramp rails provided by Remittix are built to support these trends, supporting multiple fiat corridors without complex KYC workarounds.

Conclusion 

The growth of Cardano thus far has been hindered by dipping prices, casting a shadow over its resurgence. On the other hand, Remittix has been presenting itself as a vibrant alternative, aiming to solve real-world issues related to payments, gaining investor attraction along the way. At its current $0.0781 presale price, Remittix presents a new window of opportunity for growth amid ADA's struggles to keep the momentum.

Discover the future of PayFi with Remittix by checking out their presale here:

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