Cardano Price Nears Bullish Zone at $0.75 as Charles Hoskinson Confirms Litecoin Partnership

Cardano price opened trading at $0.74 on Monday, May 19, with the 24-hour upper wick pressing against the 7-day average. Media comments surrounding ADA swung into positive territories after Founder Charles Hoskinson confirmed speculations of a in DeFi partnership between Cardano and Litecoin.

How could social sentiment swing impact ADA price in the week ahead? 

Cardano (ADA) Flashes Breakout Signals after 3-day Consolidation 

Cardano (ADA) price showed tepid price action, stalling around $0.75 over the weekend, while rivals Ethereum and Solana scored considerable gains to reclaim the $2,550 at $170 respectively. 

Further emphasising the blip in investor interest, the Coingecko data below shows that ADA’s 24-hour trading volume declined from $934 million on Friday, to hit the lows of $620 million on Monday. 

This shows that Cardano’s sideways price movement over the weekend is attributed to a decline in market activity over the weekend. 

However, on-chain data trends confirm early signals that latest updates from Cardano Founder Charles Hoskinson could propel the ADA price into a positive start for the coming week. 

Cardano Founder Confirms Imminent DeFi Partnership with Litecoin

Cardano founder Charles Hoskinson has publicly confirmed growing speculation of a strategic DeFi collaboration with Litecoin.

Over the weekend, community discussions across X (formerly Twitter) intensified after several accounts referenced Hoskinson’s previous interest in working with the Litecoin network.

A viral post from crypto commentator Angry Crypto Show reignited the conversation, stating:

“Litecoin has incredible branding and a strong community. Charles has mentioned multiple times his interest to include Litecoin in a variety of DeFi options.”

Just hours later, Hoskinson responded directly—putting months of market speculation to rest.

“Love the Litecoin community and have known Charlie and Bobby for over a decade. Great community!”

The comment implies development efforts may soon be underway to integrate Litecoin into Cardano’s expanding DeFi ecosystem, likely through its forthcoming privacy protocol, Midnight.

Such a partnership would represent a rare cross-chain bridge between two of the oldest and most resilient Layer-1 blockchains in the crypto market. The potential for multi-chain liquidity and broader DeFi participation could lift ADA’s utility and price trajectory heading into 2025.

ADA opened Monday at $0.74, with investors now watching for a breakout above $0.78 to confirm bullish continuation.

How Could Cardano Partnership Impact ADA Price in 2025?

ADA ranks #9 by market cap, outperforming peers on a monthly basis. Analysts expect a DeFi-enabled Litecoin bridge to drive institutional adoption, enhance liquidity, and attract developers.

If the Litecoin-Midnight-Cardano integration rolls out in late 2025, ADA could see renewed momentum into Q4 2025. This aligns with previous ADA surges during major protocol launches such as Shelley and Alonzo upgrades in recent years.

Technically, if ADA flips $0.78 into support and breaks past $0.85, it could rally toward $1.00 in the short term. A functional DeFi ecosystem partnership with Litecoin could push ADA as high as $1.40 in 2025.

Cardano Technical Price Analysis: ADA Holds $0.72 Support as Key Indicators Hint at $0.78 Rebound

Cardano (ADA) appears poised for a cautious rebound, holding above $0.72 support despite broader market uncertainty.

The latest candlesticks show ADA consolidating near $0.74, just above the 50-day moving average at $0.7199, a key level that has repeatedly acted as a short-term floor since early May.

The 7-day simple moving average at $0.7702, now overhead, poses the next resistance barrier, with a daily close above it required to regain bullish momentum.

The Parabolic SAR flipped bearish on May 17 and continues to print above the current price at $0.8558, signaling caution from momentum traders.

However, the absence of aggressive selling pressure, evidenced by low volume delta readings, suggests ADA is more likely in a technical cooldown phase than entering a prolonged decline.

Midway through this technical range, market participants remain on alert for broader crypto sentiment, especially from Bitcoin price forecast trends, which influence ADA’s directional bias. If BTC maintains strength above $104,000, it could provide risk-on confidence, allowing ADA to retest $0.78 in the near term.

To the downside, a daily close below $0.7199 could expose ADA to a deeper retracement toward the 100-day SMA support at $0.6859.