{"id":51313,"date":"2025-03-11T16:31:34","date_gmt":"2025-03-11T16:31:34","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=51313"},"modified":"2025-03-11T16:31:34","modified_gmt":"2025-03-11T16:31:34","slug":"heres-why-the-cardano-ada-price-could-spike-this-week","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=51313","title":{"rendered":"Here\u2019s Why the Cardano (ADA) Price Could Spike This Week"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Speculation is growing that Gemini may soon list ADA, as hinted by co-founder Tyler Winklevoss.<\/span>
\nIf confirmed, this could boost liquidity and drive price momentum for Cardano\u2019s native token.<\/p>\n

<\/a><\/span><\/h2>\n

ADA Rally on the Way?<\/h2>\n

Cardano\u2019s native cryptocurrency was at the forefront of gains at the start of March when US President Donald Trump <\/span>confirmed<\/span><\/a> work on a strategic crypto reserve that will include ADA, among other assets.\u00a0<\/span><\/p>\n

The price surpassed $1.10 at one point, but the peak was short-lived and replaced by a substantial correction. <\/span>In the following days,<\/span> ADA has been on an evident downtrend, and as of this writing, it trades at approximately $0.73 (per CoinGecko\u2019s data).<\/span><\/p>\n

<\/a>ADA Price, Source: CoinGecko<\/p>\n

One factor that may invalidate (at least temporarily) the bearish trend is additional adoption from leading cryptocurrency exchanges. There have been increased rumors that the latest platform <\/span>to allow<\/span> trading services with ADA will be the US-based Gemini.<\/span><\/p>\n

Tylor Winklevoss (one of the company\u2019s co-founders) recently\u00a0<\/span>hinted<\/span><\/a> that ADA might <\/span>be listed<\/span> on the exchange. Such a development would increase the token\u2019s liquidity and accessibility and may spark upward pressure on the price.\u00a0<\/span><\/p>\n

Earlier this month, Gemini <\/span>prepared<\/span><\/a> the community for big news that is about to be announced as early as this week. It later <\/span>set<\/span><\/a> Thursday (March 13) as a specific date.<\/span><\/p>\n

The majority of<\/span> X users commenting on the post believe the listing of Cardano\u2019s native cryptocurrency will be the upcoming development.\u00a0<\/span><\/p>\n

Gemini is among the few crypto behemoths that are yet to embrace ADA. Those that have hopped on the bandwagon over the past several years include Binance, Coinbase, Kraken, Bitget, OKX, Upbit, and many more.<\/span><\/p>\n

\u2018No Point in Selling Here\u2019<\/span><\/h2>\n

Numerous market observers have described ADA\u2019s price retreat in the last week as a temporary pullback that should not <\/span>be interpreted<\/span> as the end of the bull run.<\/span><\/p>\n

The X user Bitcoin Buddha recently <\/span>told<\/span><\/a> his almost 500,000 followers on the social media platform that Cardano\u2019s native token currently \u201cretests the key support, which is a bullish sign for recovery.\u201d<\/span><\/p>\n

\u201cI am <\/span>keeping an eye on<\/span> this scenario just because of Trump\u2019s reserves announcement. Cardano will hit hard once the market bounces back. Patience, no point in selling here,\u201d they added.<\/span><\/p>\n

\u00a0<\/span><\/p>\n

The post Here\u2019s Why the Cardano (ADA) Price Could Spike This Week<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Speculation is growing that Gemini may soon list ADA, as hinted by co-founder Tyler Winklevoss. If confirmed, this could boost liquidity and drive price momentum for Cardano\u2019s native token. ADA Rally on the Way? Cardano\u2019s native cryptocurrency was at the forefront of gains at the start of March when US President Donald Trump confirmed […]<\/p>\n","protected":false},"author":0,"featured_media":51314,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-51313","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/51313"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51313"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/51313\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/51314"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51313"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51313"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51313"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}