Can New Upgrade Push Cardano Above $1 Resistance? Expert Backs Rival With Listing Expected in May 2025

Cardano (ADA) has undergone a major upgrade to the Plomin hard fork, bringing the network closer to its goal of full decentralized governance. The upgrade went live on 29th January; however, the Cardano price has significantly dropped due to the market crash. It saw some recovery on Monday, but now investors are confused about whether developments can push ADA Cardano price to $1 resistance.

Meanwhile, crypto enthusiasts are tracking a new utility altcoin, DTX Exchange (DTX), and comparing it to the early days of ADA. This project stands out due to its unique hybrid trading platform and significant potential to deliver exponential returns. DTX Exchange has reached the final stage of the token presale and is preparing for mainnet listing. Experts believe its solid fundamentals make it a strong contender as a leader in the upcoming cycle.

Cardano Price Prediction: Is a Bullish Breakout in Horizon?

After the recent massive liquidation event on the crypto market, the Cardano price dropped 40.53% from $0.98 to $0.55. However, the recent ADA price action formed a V-shaped recovery as buyers stepped in at the $0.60 support level. This strong rebound in the Cardano price mainly occurred due to a strong demand zone of $0.55 –$0.60. Currently, ADA is trading at $0.75, with a trading volume of $1.55 billion in the last 24 hours.

Courtesy: TradingView

The Cardano price performance has been exceptional since November last year, but to formulate such gains, major resistances have to be broken. If ADA manages to hold the current support level, it could form a reversal where it will face resistance at $0.80 and $0.90, and a breakout from these barriers could push it to the $1 psychological mark. Also, if the ADA Cardano price fails to hold current levels, it may lead to another drop.

DTX Exchange Hybrid Platform: Revolutionizing Trading

DTX Exchange (DTX) has been getting a lot of attention, making it the most discussed crypto project of 2025. It has attracted large players primarily because of its innovative trading platform, which integrates the pioneered hybrid blockchain technology.

The DTX Exchange is the first trading platform in the world that can support a variety of over 120,000 different types of assets. So, it is possible to buy crypto, fiat currencies, stocks, and ETFs all in one place without having to go to several different exchanges. This approach helps manage the portfolio effortlessly, and traders can capitalize on different markets.

By blending the features of centralized and decentralized exchanges, the platform allows users to enjoy the flexibility of traditional exchanges with the security and decentralization of blockchain technology. Additionally, with an order execution speed of 0.04 seconds, transactions are faster. Users can now trade in different markets with a simple interface and high efficiency.

Furthermore, DTX Exchange levels up the game by offering incredible trading tools like 1,000x leverage, which allows access to liquidity of $100,000 with just a small fund of $100. So, traders who want to capture big moves can use the leverage features and increase their profit potential much higher.

Recently, DTX launched a non-custodial Phoenix Wallet, which has gone viral due to its crypto-borrowing feature. This wallet has also been named the most secure wallet because of its multi-layer security.

DTX Presale Crosses $13.50 Million

While the Cardano price is experiencing high volatility, the DTX Exchange presale has achieved continuous milestones in the last few months. In the final stage of the presale, the total raise has reached $13.50 million, and the unique wallets have also reached half a million. This robust performance shows increasing investor confidence in the project.

65% of the tokens have already been sold, and this is the last opportunity to purchase DTX at a discounted price of $0.16. With its pioneered hybrid platform and utility-backed token, DTX Exchange is about to enter the market on solid footing.

Find out more information about DTX Exchange (DTX) by visiting the links below:

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.