Analysts add merit to Cardano Founder Charles Hoskinson’s argument that Midnight will clear major headwinds to bullish Cardano price 1 altcoin has struggled with lapse adoption over the past year: Stablecoin supply remains at 30 million despite the GENIUS act, and its Total Value Locked (TVL) trails newer 2 attributes Mignight as the solution, citing it to be the “biggest launches in the crypto industry” six years in the making during a recent X Q&A . X Questions 0 — Charles Hoskinson (@IOHK_Charles) October 31, 2025 The zero-knowledge (ZK) sidechain aims to make Cardano a more scalable and attractive platform for building, contributing to a thriving ecosystem and wider use case for ADA as a utility 3 claims it has already attracted over 80 deals with many developers who have sidelined Cardano in the past, including Sundae Labs, Maestro, OpenZeppelin, and Fluid 4 X analyst Ali Martinez added technical backing to the optimism, highlighting a critical support retest at $0.51, a level that has repeatedly marked local bottoms over the past year. $0.52 is a support level that has triggered strong rebounds for Cardano $ADA since November 5 — Ali (@ali_charts) November 5, 2025 If this support once again holds as a launchpad, Martinez expects a retest of key resistance at $1.15, this year’s high, signaling the potential start of a new bull 6 Price Analysis: $1.15 Could Just be the Start The historical year-long resistance noted by Martinez contributes to a wider descending triangle pattern, setting much grander 7 / USD 1-day chart, descending triangle pattern.) are gaining 8 as an AI-powered content platform, SUBBD is redefining the $85 billion subscriber economy by giving creators true ownership and fans genuine 9 miss a sale 10 a top creator, your audience is global.
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