Cardano (ADA) Jumps 3.66% as SpaceX Talks Resume — Could $1.15 Be Next?

Andrew Chen
Cardano (ADA)

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  • ADA rises 3.66%, holding $0.52 support with $1.15 as a potential target.
  • SpaceX collaboration talks resume, boosting long-term adoption prospects.
  • Trading volume jumps 17.82%, signaling growing investor interest.

Cardano (ADA) has captured attention once again, posting a 3.66% gain over the last 24 hours. At $0.5460 per token, ADA demonstrates steady growth and resilience amid a bullish market sentiment. Trading volume has surged by 17.82% to $1.66 billion, signaling renewed interest from both retail and institutional investors. With a market capitalization of roughly $19.56 billion, Cardano continues to hold a strong position in the broader crypto ecosystem.

SpaceX Collaboration Sparks Investor Optimism

Excitement around Cardano isn’t just about price movement. Recent reports reveal that discussions between Cardano founder Charles Hoskinson and SpaceX have resumed, aiming for a fully renegotiated agreement in 2026. The collaboration focuses on developing blockchain technology suitable for aerospace-grade standards. Analysts suggest this could mark a significant milestone in merging decentralized technology with real-world space applications. Cardano’s privacy-focused network, Midnight, is central to this vision, offering secure data handling for satellite communications, mission logs, and supply chain management.

Also Read: Cardano Summit 2025: AI, Blockchain, and Enterprise Innovation in Berlin

ADA Support Levels Could Drive Next Bull Run

From a trading perspective, ADA is hovering around the $0.52 support level—a critical zone historically known for triggering rebounds. Crypto analyst Ali notes that holding this support could ignite a positive sentiment, potentially pushing ADA toward the $1.15 target. Conversely, a failure to maintain support may lead to a swift downturn. Current charts indicate a clear path of potential recovery: a bounce from $0.52, a pause near $0.78, and a subsequent test of higher resistance levels.

Cardano Poised for Strategic Growth

Cardano’s combination of strong market performance, technological upgrades, and high-profile collaboration talks positions ADA as one of the most closely watched cryptocurrencies. Traders and investors are eyeing the $0.52 support level, while the long-term SpaceX potential adds a unique dimension beyond traditional market factors. With momentum building, Cardano could see both short-term gains and strategic real-world adoption in aerospace applications.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

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