Will Coinbase Listing Mark Cardano Price Top or Trigger 15% Rally?

Cardano price eyes a breakout as Coinbase plans to list ADA futures on March 31. Will this drive a sustained rally or mark a local top?
By muthoni
Will Coinbase Listing Mark Cardano Price Top or Trigger 15% Rally?

Highlights

  • Cardano price faces heightened volatility in the near term after Coinbase filed to list Cardano futures.
  • If approved, Cardano futures on Coinbase will launch on March 31, which will drive institutional interest in ADA.
  • If this listing leads to a spike in social volumes due to market hype, Cardano price could hit a local top before heading into a sharp reversal.

Cardano price is gearing up for a major move as Coinbase prepares to launch ADA futures on March 31. The announcement has sparked excitement over increased institutional interest. Analysts predict a potential 15% rally, but social volumes warn of a possible local top. Will this futures listing fuel sustained growth or lead to a sell-the-news dip? Let’s find out.

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Cardano Price in Focus as Coinbase Files for ADA Futures 

Coinbase Derivatives is expanding its crypto offerings with ADA futures. The exchange has filed with the Commodity Futures Trading Commission (CFTC) for this product. If it launches, it will boost liquidity and institutional interest in Cardano and potentially fuel gains. 

The Cardano futures will enable traders to gain exposure to ADA without holding the underlying asset. This offering will allow investors to use leveraged trading strategies. If the product is approved, it will launch on March 31. 

Will Coinbase Listing Mark Cardano Price Top or Trigger 15% Rally?
Coinbase Cardano Futures

Futures listings have often spiked price volatility, and traders are now speculating about the impact that the launch will have on ADA price, which has been recording choppy price moves. At press time, Cardano trades at $0.74 with a 4.8% gain in 24 hours as the crypto market today rebounds. 

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Will the Coinbase Listing Mark a Local Top for ADA? 

The upcoming launch of ADA futures could break Cardano from consolidation if it leads to a spike in social volumes. Historically, exchange listings drive speculative discussions that in turn result in high trading activity. 

Data from Santiment shows that Cardano social volumes peaked earlier this month after President Trump endorsed ADA as one of the US altcoins that will be part of the US digital asset stockpile. This saw the price hit a local top of around $1.12 before a sharp reversal. 

Will Coinbase Listing Mark Cardano Price Top or Trigger 15% Rally?
Cardano Social Volumes

The recent Coinbase listing has yet to cause a surge in social volumes. This indicates that Cardano price still has room for growth before reaching another local top. However, this listing could end up being a sell-the-news event that will lead to a bearish reversal. 

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Cardano Price Gears for a 15% Rally 

Analysts have shared a bullish Cardano price prediction after it bounced by nearly 5% to an intra-day high of $0.75 following the news of the Coinbase listing. Popular analyst Ali Charts forecasts that the altcoin could be on the verge of a 15% upswing after forming a symmetrical triangle pattern. 

Will Coinbase Listing Mark Cardano Price Top or Trigger 15% Rally?
ADA/USDT 1-hour Chart

If ADA price breaks out of the upper resistance trendline, it could pave the way for the altcoin to reclaim $1 as traders buy into the rally that will be realized with the Coinbase listing later this month. 

Data from Coinglass also shows an uptick in activity in the derivatives market. The Cardano open interest has increased slightly in the last 4 days to $770M. If this rise in OI continues, it could add more fuel to the ADA price rally. 

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Frequently Asked Questions (FAQs)

1. What is the Cardano price prediction after Coinbase lists ADA futures on March 31?

The launch of ADA futures could lead to ADA price volatility. The hype from this listing could lead to Cardano hitting a local top. Conversely, traders could frontrun the listing leading to gains in the near term.

2. What is the impact of Coinbase Cardano futures launch on price?

This product will drive institutional interest in Cardano, which will boost liquidity and bode well for ADA's long-term performance.

3. Can ADA price reach an all-time high in 2025?

Rising institutional interest amid the Coinbase Cardano futures launch and spot ETF listings could push ADA to an all-time high this year.
muthoni
Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience decoding blockchain trends, price movements, and market dynamics. She holds a Bachelor’s Degree in Commerce (Finance) from Kenyatta University, blending a solid academic foundation with a sharp eye for technical analysis and a deep understanding of on-chain data. Her work delivers clear, data-driven insights that empower investors to navigate the fast-evolving digital asset space with confidence. When she’s not analyzing the markets, Mary enjoys reading and travelling.
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