Cardano ADA news is back in the spotlight today with two huge updates. First, the long-awaited Ouroboros Leios upgrade has moved into public review. Second, Grayscale, a $60B asset manager, has officially filed for $ADA and Polkadot ETFs.
These updates in a single week are fueling buzz in the market with top crypto analysts highlighting the $ADA price target $10 mark to be approachable soon: but when, how, and what next; are the triggers need to be solved for now
The Leios CIP is a big milestone. It is designed to increase the token’s speed and keep security strong. Developers believe this will prepare the blockchain for larger-scale use.
At the same time, Grayscale Cardano ETF filing could bring in major institutional investors. ETFs often make it easier for traditional traders to buy tokens. If approved, this would mean new liquidity and more trust in coin's price movement, something the market has been waiting for.
Right now, the token trades near $0.8296. It is slightly up today but still down about 10% over the last week.
RSI (14): 38.23 → close to the oversold zone, suggesting a chance for a rebound.
MACD: Negative → shows weak bearish pressure, but the flattening histogram hints selling is slowing.
The TradingView chart shows, support levels are at $0.82, while resistance levels sit near $0.85 and $0.89. So people ask, why is Cardano dropping from last week? That's because of the weak momentum, but if the coin breaks above the psychological zone of $0.90–$1.00, price could shift.
Analysts’ Take: The Yellow Line Effect
Popular analysts named RJT. WAGMI believes Cardano price movement often rebounds when it touches a long-term trendline, also called the “yellow line.” If this pattern holds again, the token could soon cross $1. From there, bulls expect gradual moves toward $2.90 and beyond.
This brings the big question: is the $ADA Price Target $10 possible in this cycle?
Short-Term (1–2 days): Likely to stay between $0.82–$0.84 before testing $0.90.
Medium-Term (weeks): A strong close above $1 could invite new inflows.
Long-Term (2025–2026): If global liquidity improves, ETFs get approval, and the Leios upgrade delivers real adoption, then the Cardano Feed X account prediction of $ADA Price Target $10 could come into play.
Reaching double digits won’t be easy. For the $ADA Price Target $10 to become reality, three things must align:
Global liquidity support – for example, if the U.S. Fed cuts rates in September.
ETF approvals – Grayscale’s filing could be the first step.
Adoption after Leios upgrade – more usage and strong network growth.
Current Cardano price analysis has powerful catalysts right now: the Ouroboros Leios upgrade and Grayscale’s ETF push. In the short run, the token needs to hold $0.82 and then retake $0.90–$1.00. That will decide if bulls can build stronger momentum.
Looking toward 2025–2026, the dream of the $ADA Price Target $10 is not hype—it is a roadmap based on real updates. So, keep an eye on crypto market shifts and updates, but remember—always do your own research before investing.
Sara Sethiya is an experienced crypto journalist with five years of experience in blockchain research, price movements, and market analysis. With a background in mass communication and journalism, she specializes in data-driven news articles, in-depth market reports, and SEO-optimized content. As a team lead and content writer at CoinGabbar, she examines on-chain metrics, evaluates liquidity trends, and analyzes tokenomics to uncover market patterns. Her analytical approach helps traders and investors interpret market shifts, identify potential opportunities, and understand the broader impact of blockchain innovations on the financial ecosystem.