Cardano price is in the spotlight as the protocol will celebrate its 8th anniversary at the end of September. The blockchain, launched in 2017, has never been hacked or gone offline.
ADA price was trading near $0.92 as analysts watch for a breakout from a five-wave pattern. The community also points to Cardano’s strong technology base.
Cardano Turns Eight with Unbroken Track Record
Cardano is set to turn eight years old at the end of September 2025. The network was launched in 2017 and has run without any downtime since then.
It has never been hacked or stopped, which makes it one of the most reliable blockchains in the industry. The only networks with longer uptimes are Bitcoin and Ethereum.
Community members are highlighting this milestone as proof of Cardano’s durability. A group known as Cardanians noted that the chain has been live every day since launch.
They see this as a key difference between Cardano and other blockchains that have struggled with failures.
One supporter said many new networks can be built with effort, but Cardano’s system is harder to match.
He explained that its design shows deep planning and long experience. In his view, this makes it stand out from other chains and places it among the most advanced.
More importantly, the coming anniversary has given supporters a reason to look back at Cardano’s progress.
They say the project continues to reflect the original values of blockchain technology, such as security and transparency.
Notably, this reputation is likely to remain central as Cardano enters its ninth year.
Cardano ADA Price Holds Near Resistance in Elliott Pattern
Cardano’s coin ADA, is now trading at $0.9263, showing a 2.98% increase in the latest session.
Its market cap is $33.1 billion, up 2.98%, while daily trading volume is $1.69 billion, up 13.6%. These numbers place it among the largest digital assets by market cap.
Market analysts have tracked ADA price as Cardano moves through a five-wave Elliott pattern since June.
The first wave pushed the price from $0.511 to $0.594, before it corrected to $0.536.
A strong third wave lifted it to $1.020 in mid-August. A fourth wave pullback then dropped it to $0.782.
Since then, ADA has traded inside a descending wedge pattern and Cardano touched the upper edge of the wedge and closed at $0.894.
It briefly broke above resistance at $0.909 and is currently holding above that level. Traders suggest that a confirmed move above $0.895 would signal a stronger breakout, so this is a positive sign.
The price has now entered a phase of consolidation. Market watchers are following the chart closely to see if the coin can continue its bullish trend.
The coming weeks may be key, especially as the anniversary draws near.
Technology and Regulation Remain in Focus
It is worth adding that while ADA price moves capture attention, Cardano’s technology also shapes discussions.
Supporters point to its layered structure and research-driven development as signs of long-term planning.
They argue that this approach allows Cardano to adapt and scale over time. Cardano’s founder Charles Hoskinson has also spoken on regulatory matters.
He recently reacted to the legal case between Coinbase and the U.S. Securities and Exchange Commission. Hoskinson referred to the regulator’s repeated calls for crypto firms to “register.”
He added a note of criticism, pointing to claims that the SEC destroyed internal memos that could have supported Coinbase’s defense.
Paul Grewal, Coinbase’s Chief Legal Officer, has raised these claims in public. Hoskinson’s comments show how regulation continues to influence the wider crypto market.
Cardano, like other projects, will need to navigate this uncertain environment. Again, as Cardano turns eight, both its price and its place in the industry are under close watch.
More importantly, its record of stability, active community, and ongoing debates about regulation will shape how it moves forward.