Highlights
Cardano price has attracted renewed attention after the network introduced the x402 Proof-of-Concept upgrade. This advancement enables on-chain AI payment interactions and strengthens Cardano’s expanding ecosystem. The milestone arrives as technical indicators hint at an upcoming bullish phase for ADA price.
ADA price is currently consolidating around $0.66 after rebounding from a strong demand zone between $0.62 and $0.63. The daily chart outlines a clear cup-and-handle structure transitioning into a falling wedge pattern, often seen before major upswings.
If ADA clears the resistance at $0.73, it could trigger an 80 % breakout toward $1.20. This projection aligns with long-term Cardano price projections signaling renewed accumulation and trend reversal potential.
Notably, the RSI has started recovering from the lower region, hinting at strengthening momentum among buyers. Meanwhile, trading activity near the wedge’s upper boundary indicates growing interest from both retail and institutional participants.
A decisive close above $0.73 would confirm a breakout continuation, while rejection could cause a temporary pullback to $0.63 before another rebound.
Therefore, the technical outlook favors a bullish bias, suggesting ADA price might reclaim $1.00 and potentially advance toward the $1.20 psychological barrier before year-end if broader sentiment remains positive.
The x402 integration is a strategic move that connects Cardano to a broader AI-powered economy. According to developer Patrick Tobler, this technology allows AI agents to interact and perform on-chain transactions seamlessly.
The upgrade introduces automated, verifiable payments between AI agents and services. Charles Hoskinson called the upgrade “very big for Cardano,” emphasizing its long-term significance for the blockchain’s future.
Specifically, this implementation bridges Cardano’s DeFi capabilities with real-world automation, allowing on-chain processes to occur without human intervention. It also creates a new layer of programmable utility that could enhance network activity and overall demand for ADA.
Notably, this upgrade comes as REX-Osprey file for 21 single-asset crypto ETFs with the SEC, including one tied to Cardano. Therefore, as the use of AI-driven payment networks expands, Cardano’s hybrid of scalability and smart contract precision could attract enterprise-level adoption.
In the long run, such fundamental strength may reinforce ADA price stability while fueling broader ecosystem growth beyond speculative cycles.
Cardano price is projected to extend its recovery phase if ADA maintains support above $0.63 and breaks past $0.73. A confirmed breakout could propel the next leg toward $1.00 and potentially $1.20 by early 2026. The x402 upgrade further strengthens this bullish prediction by enhancing Cardano’s role in AI-driven payments. Therefore, the overall long-term Cardano price prediction remains positive, with strong potential for an 80 % upswing in the coming weeks.
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