Cardano Price Prediction: Co-Founder Praises Midnight - Should ADA Holders Be Worried?

Cardano Price Prediction: Co-Founder Praises Midnight - S... ADA trades at $0.2556, down 4.89% weekly, as Hoskinson praises Midnight's ÂGBP250M tokenization deal. Head-and-shoulders risk, whale accumulation, and April fork catalysts analyzed. The post Cardano Price Prediction: Co-Founder Praises Midnight - Should ADA Holders Be Worried? appeared first on Cryp... Cardano price is trading under 25 cents with a weekly loss of 8%, and the ecosystem is telling an uncomfortable story and prediction. Charles Hoskinson, ADA co-founder, just publicly praised Midnight as a "next-generation cryptocurrency," the same week ADA broke below a critical moving average. Hoskinson's endorsement follows Midnight securing a landmark deal with UK digital bank Monument to tokenize ÂGBP250 million in customer deposits, marking the first time a UK-regulated bank has tokenized deposits on a public blockchain while keeping them interest-bearing and protected. Hoskinson highlighted Midnight's tokenomics on X, specifically its protocol revenue mechanism that buys and recycles the NIGHT token into the treasury, creating a deflationary supply model. That's a compelling pitch. The problem? It's not ADA. One of the most exciting things about Midnight for me is that the protocol allows for a wide range of new tokenomics possibilities including protocol revenue buying night and recycling it to the Midnight Treasury thereby creating a sustainable security and project budget, but aâEUR¦- Charles Hoskinson (@IOHK_Charles) March 27, 2026 Meanwhile, ADA sits 66% down year-to-date against a macro backdrop that isn't doing altcoins any favors, and the technicals are flashing amber. Discover: The best pre-launch token salesCardano Price Prediction: Cardano to Reclaim $0.30 Before the Van Rossem Fork?ADA is currently consolidating between $0.23 and $0.27, having broken below the 20-day EMA at $0.258, a level technicians watch closely as a momentum divider. The 50-day SMA sits near $0.30 and the 200-day SMA at $0.50, both acting as overhead resistance that the price hasn't sniffed in months. There's a counterweight, though. Whale accumulation of $161 million has quietly pushed Cardano's DeFi TVL past $1.1 billion, and the approaching van Rossem hard fork in April, alongside a Midnight mainnet launch, represent the most significant fundamental catalysts ADA has seen in 2026. CME futures and Grayscale holdings add institutional framing that shouldn't be dismissed.ADA USD, TradingViewBinance's 2026 forecast puts an April average near $0.57, optimistic by any current measure, though longer-range models from Flitpay project a $1.20âEUR"$1.80 range if macro conditions align. CoinCodex's near-term call is more grounded: $0.25 low by March 30. Discover: The best crypto to diversify your portfolio withBitcoin Hyper Targets Early Mover Upside as Cardano Tests Key LevelsADA holding $0.25 is not a victory; it's a waiting room. For traders watching Layer 1s bleed and wondering whether the next cycle's infrastructure gains are already priced into established names, early-stage infrastructure plays are drawing fresh attention. That's exactly the context driving interest toward Bitcoin Hyper ($HYPER), a presale project positioning itself as the first-ever Bitcoin Layer 2 with Solana Virtual Machine (SVM) integration. Two modes. One future. Market Context The cryptocurrency market remains highly dynamic, with digital assets experiencing significant price movements driven by institutional adoption, regulatory developments, and technological innovations. Investors should consider both the potential rewards and risks associated with crypto investments. Key Takeaways Stay updated on cryptocurrency market developments and price movements Monitor regulatory news that could impact digital asset valuations Consider risk management strategies for volatile crypto investments Published: March 28, 2026 | Source: CryptoNews