Cardano Price Prediction: As Charles Hoskinson Hints At ADA-Microsoft Partnership, This Solana Layer 2 ICO Closes On $20M
The Cardano price dropped 3% in the last 24 hours to trade at $0.7715 as of 02:45 a.m. EST on a 17% pump in trading volume to $1.3 billion. This retracement in the ADA price comes as Charles Hoskinson hinted that the Cardano ecosystem might collaborate with Microsoft just a day after a filing for an ADA ETF (exchange-traded fund) by Grayscale. BREAKING NEWS: MICROSOFT IS COMING TO CARDANO, WILL CHARLES SIT WITH THEM ON MARCH 1ST?@IOHK_Charles reveals that @Microsoft may partner with the cardano ecosystem soon just a day after the ADA ETF was filed in by @Grayscale Are you hyped for 2025? pic.twitter.com/W69uKVzhU2 — Mintern (@MinswapIntern) February 11, 2025 But what does it mean for the price of ADA? Cardano Price Currently On A Bearish Trend The ADA price action on the 3-day chart shows a clear downtrend following a significant rally. The chart exhibits a rounded top pattern, a classic reversal signal indicating that bullish momentum has exhausted and sellers are takin...