Cardano ADA Price Surges 4.84% Amid Ripple Partnership Speculation and ETF Hopes

Cardano’s ADA price has shown early signs of a potential breakout amid speculation surrounding founder Charles Hoskinson’s recent remarks about a possible partnership with Ripple. In a video statement, Hoskinson indicated that discussions were underway for a “mutually beneficial” collaboration, with one possibility being the minting of Ripple’s RLUSD stablecoin on the Cardano blockchain [1]. This development could bring much-needed liquidity to Cardano’s DeFi ecosystem, which currently lags behind major competitors with only $37 million in stablecoin supply, according to DeFi Llama [1].

RLUSD, which has grown to $686 million in total assets since its December launch, represents a key asset class in the stablecoin space. Integrating it onto Cardano could position the network as a more attractive option for cross-border payments and DeFi applications [1]. Moreover, Hoskinson hinted that the discussions with Ripple also included potential Bitcoin interoperability and joint development efforts with Near Protocol, further expanding Cardano’s strategic options [1].

Despite these bullish catalysts, investors are advised to remain cautious. Hoskinson has previously promoted high-profile collaborations—such as with Chainlink and even SpaceX—that never materialized [1]. Nonetheless, technical indicators suggest ADA is poised for a potential upward move. The token has formed a symmetrical triangle pattern on the weekly chart and recently broke above the $0.8022 neckline, a key level for momentum traders [1]. Analysts project that if the trend continues, ADA could reach $1.3225, aligning with its December 2024 highs and Fibonacci retracement levels [1].

Institutional interest in ADA has also been on the rise, with custodial holdings surging to $1.2 billion following regulatory clarity from the U.S. Clarity Act [2]. This has enabled major custodians like Coinbase and BitGo to significantly increase their ADA holdings. Meanwhile, Cardano’s broader adoption is expanding through partnerships in education, supply chain management, and government services, reinforcing its position as a utility-driven blockchain [2].

The recent price action has seen ADA stabilize around $0.87 after a volatile session that included a 10% swing overnight [1]. The token found support at $0.856 and rebounded to $0.89, accompanied by a 4.84% increase in trading volume. A breakout above $0.95 could see ADA climb toward $1.15–$1.25, levels not seen since early 2024 [2].

Looking ahead, the Grayscale Cardano Spot ETF filing is viewed as a potential catalyst, with an 83% probability of approval [2]. If approved, the ETF could significantly boost ADA’s liquidity, following a similar trajectory to Ethereum’s ETF. The Starstream upgrade, scheduled for Q4 2025, is also expected to improve scalability and security [2].

As Ethereum and Solana continue to dominate, Cardano’s differentiated approach—combining regulatory alignment with enterprise-grade infrastructure—positions it as a strong contender in the post-ETF crypto landscape. With technical upgrades, institutional traction, and a strategic pivot toward real-world adoption, ADA is emerging as a compelling long-term investment opportunity [2].

Source:

[1] CoinMarketCap – [https://coinmarketcap.com/community/articles/68ad638f4d4cc92881e16732/](https://coinmarketcap.com/community/articles/68ad638f4d4cc92881e16732/)

[2] AInvest – [https://www.ainvest.com/news/cardano-strategic-turnaround-ada-rally-signal-bull-cycle-2508/](https://www.ainvest.com/news/cardano-strategic-turnaround-ada-rally-signal-bull-cycle-2508/)