Skip to content
August 29, 2025cryptonews logocryptonews

Cardano Price Prediction: Hoskinson Says SWIFT Will Die – Is ADA About to Replace the Banking System?

The Cardano price prediction has taken a blow today, after the altcoin fell to $0.825 , marking a 4.5% decline in the past 24 ￰1￱ means that ADA is also down by 13% in a fortnight, although it does retain a 7% gain in a month and a more impressive 128% increase in the past ￰2￱ movements today also come as founder Charles Hoskinson makes some ultra-bullish remarks about how payment network SWIFT and other traditional financial institutions will eventually die ￰3￱ true, this could bode very well for Cardano and its levels of adoption, but even if it isn’t, the network’s strong fundamentals will still grow the Cardano price over ￰4￱ Price Prediction: Hoskinson Says SWIFT Will Die – Is ADA About to Replace the Banking System?

Speaking in an interview with David Lin, Hoskinson argued that SWIFT and other legacy financial systems were too complicated and inefficient, and that eventually more efficient alternatives would usurp ￰5￱ said, “You can be a multibillion-dollar financial institution, and you have to put in all these bells and whistles, and even then you still have some guy call you after you’ve sent a wire saying, ‘Did you really send that wire?'” These are confident remarks, yet they haven’t done much to help the Cardano price, which remains in a ￰6￱ we look at the coin’s chart today, we see that it may still be on a downward curve, as its indicators ￰7￱ relative strength index (yellow) continues to decline after reaching 70 a couple of weeks ago, and at 50 it could still drop to 40 or 30 before bottoming out.) has yet to turn negative after dropping from a peak in mid-August (and mid-July), so we may have to wait one or two weeks before seeing a ￰8￱ said that, the Cardano price has formed a pennant since mid-July, so we may see a big move in the near term.

It’s also encouraging that its trading volume, at $1.6 billion today, is still around 500% above where it was in early ￰9￱ suggests that demand is still high, and we have seen some significant whale buys of ADA in the past week, including a purchase worth $50.2 million on Bitstamp. 59,356,167 #ADA (50,245,109 USD) transferred from #Bitstamp to unknown wallet ￰0￱ — Whale Alert (@whale_alert) August 22, 2025 Based on such factors, and based on Cardano’s steady growth as a layer-one platform , we can expect the Cardano price to hit $1 by the end of September, and $3 by the end of the ￰10￱ Doge Presale Reaches $1.6 Million As FOMO For New Meme Coin Grows If ADA is a little too safe and steady for some traders, they may prefer to invest in newer alts, which can often outpace the market when they list on exchanges for the first ￰11￱ also includes presale coins, with the biggest such coins often rallying hard when they ￰12￱ of the biggest presales right now is Maxi Doge ($MAXI), an ERC-20 token that has raised just over $1.6 million after opening its ICO a few weeks ￰13￱ by other Doge-themed tokens, Maxi Doge aims to ramp up the bullishness and bravado by several degrees, with its branding focused on aggressive ￰14￱ from being another viral meme coin, it will build an online community revolving around trading, with its Telegram and Discord organizing regular ￰15￱ winners of these trading contests – which center on making the biggest gains – will receive rewards in the form of $MAXI, something which will boost ownership and engagement with the token over ￰16￱ project will also maintain a Maxi Fund, which is 25% of MAXI’s 150.24 billion supply, and which it will use to support new partnerships and promotional ￰17￱ should help Maxi Doge to quickly become one of the biggest new meme coins in the market, with investors able to join its sale by going to the token’s official ￰18￱ can buy the token by connecting a compatible wallet (e.

g. Best Wallet ), with $MAXI currently selling at $0.0002545. Visit the Official Website Here

cryptonews logo
cryptonews

Latest news and analysis from cryptonews

Here’s Why November 13 Could Be the Most Important Date for XRP Holders in Recent Years

Here’s Why November 13 Could Be the Most Important Date for XRP Holders in Recent Years

For holders of XRP , the date November 13 now looms large on the calendar. It may mark a pivotal moment when cryptocurrency access for U.S. institutions shifts significantly. As flagged by analyst Pau...

TimesTabloid logoTimesTabloid
1 min
Privacy Coins Captivate Attention With Rapid Market Boost

Privacy Coins Captivate Attention With Rapid Market Boost

Privacy coins like Zcash and Dash climbed CoinGecko's "Most Trending Cryptocurrencies" list. Monero operates with unique privacy features, raising regulatory concerns over money laundering. Continue R...

CoinTurk News logoCoinTurk News
1 min
Best Crypto to Buy Right Now: MoonBull Challenges TRON and XRP as Top Altcoins in Latest Market Outlook

Best Crypto to Buy Right Now: MoonBull Challenges TRON and XRP as Top Altcoins in Latest Market Outlook

Who wins when meme power meets blockchain giants? TRON price news continues showing payment growth, while XRP price today captures attention with cross-border upgrades. Both coins trend in the latest ...

TimesTabloid logoTimesTabloid
1 min