Cardano Gets Huge Boost With Bitcoin DeFi Cardinal Reveal & Nasdaq Index Inclusion

google-news-img

Top Stories

New developments have resurrected hope across the Cardano (ADA) ecosystem. A major new DeFi protocol called Cardinal is tapping the liquidity of Bitcoin directly onto the Cardano blockchain. Moreover, Nasdaq has added ADA to its digital asset index. Together, these developments make a robust case for ADA’s bull run. Still, not everyone is on board as competitors move boldly in lockstep.

As Cardano builds strong use cases, new DeFi momentum and institutional adoption could alter price dynamics. However, in the wider altcoin space, other tokens are also gaining traction. These tokens have strong fundamentals backed by mainstream utility.

Defi
Source: Remittix

Cardano (ADA): From DeFi Growth to Nasdaq Highlight

Momentum is gathering for ADA as two key announcements underpin long-term sentiment. Firstly, the launch of Cardinal, a new DeFi protocol that integrates Bitcoin liquidity into Cardano. It will lend the network credibility in the DeFi space. The cross-chain capability opens up fresh use cases that can bring institutional and retail capital into the market.

In the meantime, Nasdaq has officially included Cardano in its crypto index, offering broader exposure through institutional channels. It is driving sentiment, although traders continue to be price-level conscious.

ADA is holding firm above the $0.65–$0.67 support zone and is building structure for a bullish breakout. An updated report states that ADA is breaking out from support in a downtrend-channel breakout. It has a clean target of $0.77 if the momentum is sustained. Another update confirms a clean breakout and follow-through after the price turned resistance into support at $0.70–$0.72.

Source: Alpha Crypto Signal

However, there is a warning involved. A low MACD crossover and lower liquidity mean traders must be cautious of volatility. That’s especially if ADA fails to break $0.73 cleanly.

Momentum Gains Behind Cardano Ecosystem

Cardano’s path is not only being charted by technical trends, but also by a tide of real-world applicability. Bitcoin integration into its DeFi layer through the Cardinal protocol is a major move towards increased utility. Nasdaq index inclusion also introduces ADA to a wider institutional and traditional investor base.

This on-chain expansion, pairing with mainstream adoption, is helping Cardano distance itself from the recent bearish pressure. As price structures turn bullish and sentiment wanes, the only question now is whether ADA can maintain its position above key resistance points and sustain this breakout narrative in the next few weeks.

Remittix (RTX): Specially Situated Contender for Real-World Crypto Adoption

With increasingly large networks such as Cardano beginning to open up their ecosystems, Remittix (RTX) is gaining support for its focus on in-the-real-world monetary utility. Built as a fiat-to-crypto on-ramp, Remittix enables immediate transfers of top cryptocurrencies such as BTC, ETH, and XRP straight into normal bank accounts, thereby removing friction from cross-border payments.

With more than 544 million tokens sold, more than $15.7 million raised, and at a price as low as $0.0781, RTX is quickly becoming an altcoin market sweetheart. Its technology is all about making fast, low-cost cross-border payments — a gigantic opportunity in the $190 trillion payments industry.

In contrast to the majority of speculative plays, Remittix solves a real problem. Expectations are that the project would follow the trajectory of fledgling-stage XRP and Stellar. It can do that with even faster real-world adoption potential.

Conclusion

The latest Cardano news — ranging from Bitcoin DeFi disruption to a Nasdaq listing — marks a watershed moment for ADA. These developments have the potential to trigger mass adoption and boost investor confidence in a welcome way if bullish momentum continues. 

However, as the bigger market grows hotter, innovative tokens like Remittix are quietly gaining ground by offering real-world utility. With over $15.7 million raised and over 544 million tokens sold, Remittix can have even greater upside in 2025. That’s because increasing demand is present for faster, more convenient crypto payment solutions.

Discover the future of PayFi with Remittix by checking out their presale here:

Website: https://remittix.io/ 

Socials: https://linktr.ee/remittix

Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Themarketperiodical and all its authors do not, and will not endorse any information on any company or individual on this page. Readers are encouraged to make their own research and make any actions based on their own findings and not from any content written in this press release or sponsored post. Themarketperiodical.com is and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.

Ad

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Trending Now

Read More