Cardano's 24/7 Development Engine Fuels $1.65 Price Potential

Cardano (ADA) has shown renewed bullish momentum amid technical indicators suggesting a potential price breakout. Traders and analysts are closely monitoring ADA’s price action as it consolidates within a falling wedge pattern, with market participants eyeing a potential move above $0.94, a key resistance level. According to on-chain data, ADA has experienced net outflows from exchanges, indicating continued accumulation by long-term holders. On September 6, 2025, the network saw net outflows of approximately $840,000, signaling reduced liquidity on centralized platforms and potentially positioning for a price surge [5].

Trading sentiment also remains skewed in favor of bullish positions. On Binance, over 74.65% of ADA accounts are long, representing a nearly 3:1 long-to-short ratio, which indicates strong conviction among traders for an upward move [5]. Analysts suggest that if ADA breaks above key resistance levels, the leveraged long positions could amplify buying pressure, further reinforcing the bullish scenario [5].

In parallel, Cardano’s decentralized finance (DeFi) ecosystem has shown steady growth, offering additional support to its on-chain fundamentals. As of September 9, 2025, the network’s Total Value Locked (TVL) stood at $487.18 million, marking a 2.15% increase in the previous 24 hours. Daily decentralized exchange (DEX) volume reached $4.68 million, while weekly totals surged to $25.56 million, reflecting a 19.18% increase compared to the prior week [5]. This rising on-chain activity underlines growing user participation and confidence in Cardano’s utility-driven platforms.

Technical indicators also support the case for ADA’s upward movement. The parabolic SAR (Stop and Reverse) signal remains bullish, with the indicator positioned below the current market price of ADA, suggesting a potential continuation of the uptrend [3]. Additionally, Fibonacci extensions indicate that a breakout above $0.95 could set the stage for a move toward $1.16, $1.40, and ultimately $1.65. Support levels remain intact at $0.82 and $0.78, providing a buffer against immediate downside risks [3].

The broader macroeconomic environment also plays a role in ADA’s near-term outlook. The September Federal Reserve decision has become a key catalyst for market sentiment, with the probability of a 50-basis-point rate cut rising to 17%, according to Polymarket data. Historically, aggressive monetary easing has increased liquidity in risk assets, potentially benefiting altcoins like ADA. With the U.S. inflation data and policy signals from Federal Reserve Chair Jerome Powell shaping expectations, the timing of ADA’s potential breakout may align with favorable macroeconomic conditions [3].

Meanwhile, Cardano’s technical development efforts continue to gain traction. Charles Hoskinson, founder of Input Output Global (IOG), has announced a 24/7 development model to accelerate progress on the Ouroboros Leios upgrade. The initiative aims to enhance the network’s scalability and transaction throughput by enabling parallel transaction processing through a three-tier block structure. Hoskinson emphasized that this model ensures continuous development by rotating teams across time zones, effectively eliminating bottlenecks and fostering round-the-clock progress. Developers who resist the model have been reassigned or removed, underscoring the project’s commitment to rapid implementation [1].

Given these developments, ADA appears to be entering a critical phase. A breakout above key resistance levels, combined with strong on-chain fundamentals and a favorable macroeconomic backdrop, could position the asset for a sustained rally toward $1.65. While market conditions remain dynamic, the technical and on-chain data suggest that the bullish case for Cardano is gaining momentum.

Source: [1] Cardano Founder Announces New 24/7 Development Model to Accelerate Leios Progress (https://thecryptobasic.com/2025/09/08/cardano-founder-announces-new-24-7-development-model-to-accelerate-leios-progress/) [2] XRP or ADA? AI Predicts the Bigger Winner for 2025 Price Gains—Conclusion Will Surprise You (https://cryptopotato.com/xrp-or-ada-ai-predicts-the-bigger-winner-for-2025-price-gains-conclusion-will-surprise-you/) [3] Cardano Price Eyes $1.65 As Sept 50bps Cut Odds Surge (https://coingape.com/markets/cardano-price-eyes-1-65-as-sept-fed-50bps-cut-odds-surge/) [4] Cardano Price Eyes $1.65 As Sept Fed Cut Odds Surge to 86% (https://coingape.com/markets/cardano-price-eyes-1-65-as-sept-fed-25bps-cut-odds-surge-to-86/) [5] Cardano – Assessing if ADA Bulls Can Break the $0.94 Barrier (https://ambcrypto.com/cardano-assessing-if-ada-bulls-can-break-the-0-94-barrier/)