Cardano (ADA) has surged 22% in weekly trading after privacy-focused web browser Brave announced new user-facing features for the blockchain. The cryptocurrency currently trades at $0.8075 with $1.39 billion in 24-hour volume, according to CoinGecko data.
This rally comes as Brave Browser added native Cardano wallet support and ADA tipping capabilities across its 62 million-user platform. The integration marks the first major browser to directly support Cardano’s ecosystem beyond Ethereum Virtual Machine (EVM) chains.
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Cardano’s Technical Momentum
ADA’s price action shows strong bullish signals:
- 14-day RSI at 67.86 (neutral territory)
- 16/30 green trading days (53% positivity rate)
- 8.48% price volatility over past month
The moving averages tell a compelling story with 50-day SMA at $0.684 and 200-day SMA at $0.682. This golden cross pattern typically indicates sustained upward momentum when shorter-term averages overtake longer ones.
Brave’s Web3 Strategy
Brave Browser’s integration goes beyond simple wallet support. Users can now:
- Tip ADA directly to content creators
- Interact with Cardano dApps without extensions
- Access real-time ADA price data in browser dashboard
This strategic move follows Brave’s 2024 roadmap focusing on multi-chain support. The company previously integrated Bitcoin Lightning Network and Ethereum in 2023.
Market Predictions and Analysis
| Source | 2025 Price Target | ROI Potential |
|---|---|---|
| CoinCodex | $0.712 (June) | -12.56% short-term |
| Changelly | $0.915 (May high) | 13.3% upside |
Technical analysts note ADA needs to hold the $0.80 support level to maintain its upward trajectory. The Fear & Greed Index sits at 73 (Greed), suggesting traders anticipate continued gains.
Cardano’s developer activity remains robust with 127 GitHub commits last week. The network recently deployed Plutus V3 smart contracts, enabling more complex decentralized applications.
Staking metrics show 71% of ADA supply locked in delegation pools. This high participation rate indicates strong network security and investor confidence in proof-of-stake rewards.
Exchange inflows decreased 18% during the rally, suggesting holders prefer staking over short-term trading. Derivatives data reveals $45 million in ADA futures liquidations this week, predominantly short positions.
Institutional interest appears growing with Grayscale’s Cardano Trust trading at 18% premium. This contrasts with Bitcoin Trust’s typical 5-8% premiums during bullish periods.
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Market Impact: The Brave integration demonstrates Cardano’s growing real-world utility beyond speculative trading. While technical indicators suggest short-term consolidation, the partnership could drive sustained adoption from Brave’s 62 million users. Analysts warn volatility may increase as ADA approaches its 2025 resistance level at $0.915.
