Key Insights:
- Cardano could surge to $1.88 if it breaks above the $0.90 resistance level.
- Cardano’s ISO 20022 compliance gives it a head start in connecting with global financial systems.
- Cardano powers EU’s Digital Product Passport, ensuring secure, transparent supply chain data.
Cardano ($ADA) is showing renewed momentum, with market analysts pointing to a potential price breakout. ADA could reach $1.88 if it successfully breaks above the $0.90 resistance level. The asset has recently maintained intense upward pressure, supported by consistent buying activity and improving on-chain data.
Bullish Breakout for Cardano and Market Performance
According to analyst Ali, Cardano has sustained a steady recovery after reclaiming key support zones from its last correction. He noted that a decisive close above $0.90 could open the path toward $1.88, indicating a possible continuation of the bullish structure visible on ADA’s chart.
Ali’s analysis suggests that traders may view $0.90 as the final barrier before a wider price rally. The broader market has also shown optimism around altcoins, and Cardano’s recent trading patterns have reflected growing investor confidence.
The live Cardano price today is $0.701071 USD, with a 24-hour trading volume of $1,581,434,241 USD. Cardano’s price has risen 2.39% in the last 24 hours, signaling continued investor activity. Analysts are watching closely to see if the token approaches the $0.90 mark, which could determine its next trend.
ISO 20022 Compliance Positions Cardano for Global Integration
Meanwhile, Mintern stated that Cardano is already compliant with the ISO 20022 messaging standard, which will take effect globally on November 22, 2025. This gives Cardano a massive head start in connecting with banks, institutions, and global financial systems.
The standard aims to create a unified framework for cross-border transactions among financial institutions. Cardano’s compliance may allow smoother integration with existing payment systems, giving it an advantage as banks transition to blockchain-based networks for improved data transparency.
Cardano’s Role in the EU Digital Product Passport System
Furthermore, Mintern also reported that Cardano’s blockchain technology is now supporting the European Union’s Digital Product Passport (DPP) system. The initiative requires each product sold within the EU to include a digital record detailing its entire lifecycle, from production to recycling.
This integration ensures that every record remains secure, verifiable, and tamper-proof. By providing transparent product data on the blockchain, Cardano supports traceability across manufacturing and supply chains. This move could expand its use beyond finance and into industrial applications across global markets.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/cardano/cardano-could-surge-toward-1-88-if-price-breaks-above-0-90-resistance/