The post Cardano Price Suddenly Up 7% as ADA Price Eyes Year-End Breakout appeared on BitcoinEthereumNews.com. Cardano outperformed the rest of the major cryptocurrenciesThe post Cardano Price Suddenly Up 7% as ADA Price Eyes Year-End Breakout appeared on BitcoinEthereumNews.com. Cardano outperformed the rest of the major cryptocurrencies

Cardano Price Suddenly Up 7% as ADA Price Eyes Year-End Breakout

Cardano outperformed the rest of the major cryptocurrencies with a 7% surge. Altcoins posted broader gains in quiet Sunday trading as the markets considered a surge in precious metals. Bitcoin held a tight range near $88,000, with several major altcoins posting stronger gains.

At the time of writing, ADA was trading at $0.37, having reached an intraday high of $0.376 after rising for two straight days since Dec. 26. Cardano has reversed a three-day drop in the past week spanning from Dec. 23 to 25 as traders turned risk-off in quiet pre-holiday trading.

ADA/USD Daily Chart, Courtesy: TradingView 

Thin liquidity and position resetting into late December have amplified moves around obvious technical levels, with the crypto market now anticipating an end-of-the-year breakout.

Despite this, broader risk appetite has largely faded with price action for major cryptocurrencies remaining choppy into year-end. Rebound attempts across the markets have not shown consistent follow-through, and that lack of momentum has kept speculative corners under pressure.

Cardano (ADA) breakout?

With just three days to the close of 2025, expectations still remain for last-minute market moves.

The market is still on the lookout for a “Santa Claus” rally, which would allow prices to rise in the last five trading days of the year and the first two of the new one.

However, time seems not to be on the side of the bulls, with Cardano already down 10.97% so far in December, poised for its fourth red month since August.

Crucial resistance levels lie ahead of bulls in order to secure the much-needed breakout: $0.427, which coincides with the daily MA 50, and the daily MA 200 at $0.665. Support lies at $0.34.

According to CoinGecko, Cardano is down 57.3% on a one-year basis. 2025 may end with prices in the red, the year still pulled in real institutional adoption and set the groundwork for 2026’s next phase of real activation.

In a recent report, Galaxy revealed 26 crypto, Bitcoin, DeFi and AI predictions for 2026. Galaxy predicts more than 50 spot altcoin ETFs and another 50 crypto ETFs (excluding spot single-coin products) will launch in the U.S. Expectations are in place for a Cardano ETF in 2026, with related filings under review by the SEC.

Source: https://u.today/cardano-price-suddenly-up-7-as-ada-price-eyes-year-end-breakout

Market Opportunity
Cardano Logo
Cardano Price(ADA)
$0.3719
$0.3719$0.3719
+0.64%
USD
Cardano (ADA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

The post American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight appeared on BitcoinEthereumNews.com. Key Takeaways: American Bitcoin (ABTC) surged nearly 85% on its Nasdaq debut, briefly reaching a $5B valuation. The Trump family, alongside Hut 8 Mining, controls 98% of the newly merged crypto-mining entity. Eric Trump called Bitcoin “modern-day gold,” predicting it could reach $1 million per coin. American Bitcoin, a fast-rising crypto mining firm with strong political and institutional backing, has officially entered Wall Street. After merging with Gryphon Digital Mining, the company made its Nasdaq debut under the ticker ABTC, instantly drawing global attention to both its stock performance and its bold vision for Bitcoin’s future. Read More: Trump-Backed Crypto Firm Eyes Asia for Bold Bitcoin Expansion Nasdaq Debut: An Explosive First Day ABTC’s first day of trading proved as dramatic as expected. Shares surged almost 85% at the open, touching a peak of $14 before settling at lower levels by the close. That initial spike valued the company around $5 billion, positioning it as one of 2025’s most-watched listings. At the last session, ABTC has been trading at $7.28 per share, which is a small positive 2.97% per day. Although the price has decelerated since opening highs, analysts note that the company has been off to a strong start and early investor activity is a hard-to-find feat in a newly-launched crypto mining business. According to market watchers, the listing comes at a time of new momentum in the digital asset markets. With Bitcoin trading above $110,000 this quarter, American Bitcoin’s entry comes at a time when both institutional investors and retail traders are showing heightened interest in exposure to Bitcoin-linked equities. Ownership Structure: Trump Family and Hut 8 at the Helm Its management and ownership set up has increased the visibility of the company. The Trump family and the Canadian mining giant Hut 8 Mining jointly own 98 percent…
Share
BitcoinEthereumNews2025/09/18 01:33
Woodside and BOTAŞ Finalise Long-Term LNG Supply Agreement

Woodside and BOTAŞ Finalise Long-Term LNG Supply Agreement

HOUSTON–(BUSINESS WIRE)–Woodside and Türkiye’s Boru Hatları ile Petrol Taşıma A.Ş. (BOTAŞ) have signed a sale and purchase agreement (SPA) for the long-term supply
Share
AI Journal2025/12/29 07:45
8.18 Million Solana Committed on CME as SOL Options Prepare to Go Live

8.18 Million Solana Committed on CME as SOL Options Prepare to Go Live

Solana open interest rockets 6% on CME
Share
Coinstats2025/09/18 04:05