Cardano (ADA) has had a tough year, with its price at $0.41 – a dramatic 70% drop from its December 2024 highs and marking its lowest point in over a year. Critics have labeled Cardano a “ghost chain” due to its low network activity, but upcoming developments in 2025 could change the tide for this major cryptocurrency.
Community-Backed Initiatives and Funding for Exchange Listings
In a pivotal move to stimulate growth, the Cardano community has approved a $2 million treasury loan. The funds aim to secure tier-1 exchange listings for Cardano-native tokens, making them more accessible to investors and driving ecosystem expansion. Proposed by the Snek Foundation, this initiative represents a new approach, focusing on demand creation for ADA through increased token exposure. The loan structure is designed for repayment, ensuring a sustainable funding model.
This decision diverges from co-founder Charles Hoskinson’s earlier stance of favoring direct investment in Cardano over token listings. However, proponents believe the exchange listing program is a critical step in enhancing the Cardano ecosystem’s visibility.
Midnight Project: A Game-Changer for Cardano’s TVL
Scheduled to launch in December 2025, the much-anticipated Midnight project is expected to revitalize Cardano’s Total Value Locked (TVL). According to Charles Hoskinson, this initiative could push Cardano’s TVL into the hundreds of millions, alongside a RealFi project that is also in the works. Midnight has already secured partnerships with prominent crypto developers, signaling robust growth potential for the network post-launch.
Currently, Cardano’s TVL stands at $186 million, reflecting a 36% decline over the past 30 days. With competitors like Monad rapidly gaining traction and nearing $100 million in TVL shortly after its mainnet launch, the pressure is on for Cardano to regain its footing.
Technical Analysis Suggests a Price Rebound
Despite the market turmoil, technical indicators offer a glimmer of hope. ADA’s Relative Strength Index (RSI) has dropped below 30, indicating oversold conditions. Its daily chart reveals a falling wedge pattern – often a precursor to upward price movements. Analysts highlight $0.50 as a key demand zone, and a rebound to this level could signal a sustained recovery.
Keeping an Eye on Cardano’s Potential
While challenges persist, such as a limited stablecoin supply and minimal market share in gaming and real-world assets, Cardano’s moves toward innovation and increased accessibility are noteworthy. The Midnight project and community-supported initiatives are laying the foundation for a brighter future for ADA.
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