 
 
Cardano (ADA) is in a pivotal accumulation phase, where balanced buying and selling hint at an impending breakout.
Market analyst Tektonic views this consolidation not as stagnation but as strategic accumulation within a key demand zone. Such phases often precede major rallies, signaling that both retail and institutional investors are positioning for ADA’s next big move.
Tektonic notes that the $1.025 level has become a crucial resistance zone for Cardano, a price point that has repeatedly triggered profit-taking and short-term pullbacks.
What is expected? Well, Cardano’s consolidation isn’t stagnation; it’s strategic accumulation. With major support at $0.67 and the $1.025 resistance now in focus, ADA appears poised for a decisive breakout that could ignite the next major bullish run.
Meanwhile, market analyst The Crypto Lark recently opined that ADA is on the verge of a rare MACD golden cross below the zero line, a signal that historically preceded a 60% surge. If confirmed, this could mark the start of a powerful recovery phase.
 
Cardano Founder Praises Michael Selig’s CFTC Nomination
Cardano founder Charles Hoskinson recently lauded Michael Selig’s nomination as the next CFTC Chair.
Taking on X, formerly Twitter, Hoskinson stated, “Chairman Selig is going to do a great job at the CFTC. I have full confidence in his ability and leadership.”
With a pro-crypto track record and deep digital asset expertise, Selig could reshape U.S. regulations, signaling a major boost for the blockchain industry.
Hoskinson’s endorsement highlights crypto optimism that a Selig-led CFTC could bring balanced, innovation-friendly regulation.
With U.S. regulatory uncertainty having long hindered crypto projects, a pro-crypto chair promises clarity, boosting confidence among investors, developers, and businesses alike.
Furthermore, Hoskinson’s backing of Selig represents a renewed push for constructive dialogue between regulators and the crypto industry. With the CFTC pivotal in shaping markets, Selig’s appointment could foster innovation while safeguarding investors.
Meanwhile, as agentic AI accelerates, Cardano is set to launch x402, an open-payment standard poised to redefine AI agent interactions, with Hoskinson calling it a major milestone, exciting bulls with its potential to expand real-world use cases.