Cardano Price Soars as Charles Hoskinson Confirms Ripple’s RLUSD on ADA
Highlights
- Cardano price shows signs of recovery after market sell-off.
- Charles Hoskinson's confirmation sparks renewed interest in ADA.
- RLUSD integration could boost Cardano's liquidity and scalability.
Cardano (ADA) price has seen a 10% decrease during the past week after ADA broke through $0.7 support during the recent market pullback. The market seems to be recovering based on current trends since ADA is establishing an upward momentum. The announcement of Ripple’s RLUSD integration received endorsement from Charles Hoskinson which led to increased ADA popularity.
Charles Hoskinson Confirms RLUSD on ADA: Is a Cardano Price Rally Incoming?
Charles Hoskinson as the Cardano founder declared Ripple is presently exploring integration of XRP’s largest stablecoin RLUSD onto the Cardano blockchain.
Even tracking Ripple RLUSD on ADA, Said Charles Hoskinson
This strategic decision indicates major potential for stablecoins to expand on the Cardano platform as its popularity continues to increase. The implementation of RLUSD through Ripple’s partnership would establish significant value within Cardano’s ecosystem by enabling more DeFi and other applications.
The community has reacted with enthusiasm to this news because many believe Cardano’s market performance will rise because of this collaboration. Cardano’s market attraction will receive substantial growth by adding RLUSD because stablecoins will gain popularity in the market.
BREAKING NEWS:
XRP’S BIGGEST STABLECOIN $RLUSD IS COMING TO CARDANO 😱😱🔥🔥@IOHK_Charles confirms discussions with Ripple about bringing $RLUSD to #Cardano.
Is this the beginning of stablecoin adoption on Cardano? pic.twitter.com/MVdT3oJVRU
— Mintern (@MinswapIntern) March 29, 2025
Will Cardano Price Hit $1 in Aprill?
ADA price achieved a substantial increase on Tuesdays to reach the market value of $0.6783. The Cardano price shows a potential shift in sentiment with the recent 2.49% daily increase compared to the previous day. The cryptocurrency known as top altcoin has faced numerous obstacles during the past months yet has demonstrated positive market trends lately.
The crypto market experienced a small rally during the period when market corrections occurred throughout the week. The market has shown a positive trend by restoring BTC and ETH prices. The BTC price could return to $90k if the market shows continued upward movement.
The Moving Average Convergence Divergence Indicator (MACD) shows a minor bearish trend momentum. The MACD line keeps a position beneath the signal line, which points to restricted upward momentum. The Relative Strength Index (RSI) shows ADA at 44, which indicates that the market position falls between overbought and oversold conditions.
Key Levels To Watch
A strong support area is located at $0.60 as traders observe initial support followed by another robust support level at $0.63. The traders will monitor the $0.55 price level as their main support target when the ADA price prediction continues to decrease.
The Cardano price prediction currently struggles to surpass $0.7 as this resistance point continues to halt its upward movement in recent weeks. The next major resistance zone comes at $0.90 followed by the important psychological barrier at $1.00 if ADA succeeds in breaking its current price level.
Frequently Asked Questions (FAQs)
1. What is RLUSD, and why is it significant for Cardano?
2. Will the integration of RLUSD lead to a rise in Cardano's price?
3. What price levels should Cardano investors watch?
- Robert Kiyosaki Calls Bitcoin and Ethereum ‘Real Money,’ Urges Investors to Ditch ‘Fake’ Fiat
- ‘Sell Gold, Buy Bitcoin’: Expert Flags Major Market Bottom Signal
- Ripple Makes ‘Unusual’ $500M Transfer Amid $1 Billion XRP Treasury Plans
- ‘I’m Going Bonkers’: Dave Portnoy Says He’ll Buy XRP Again If It Dips Below This Level
- BitMine’s Tom Lee Calls Dip Golden Opportunity as Trump Sets Meeting With China on U.S. Tariffs
- Solana Price Faces Bearish Pressure — Analyst Notes Breakdown Amid Derivatives Slowdown
- Shiba Inu Price Eyes Recovery as Burn Rate Jumps 10,785% – Can SHIB Hit $0.000016?
- Ethereum (ETH) Price Prediction: Analyst Eyes $7,000 by Q4 as Bitmine Accumulates $281M ETH — Will History Repeat Itself?
- HYPE Price Teeters Amid Weak Technicals and Soaring Liquidations
- XRP Price Prediction As Ripple Announces $1B Treasury Plans – Is a Rebound Imminent?
- Bitcoin Price Prediction Amid Gold’s Parabolic Rally to Second-Largest Reserve Asset
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
