Cardano price prediction: Can ADA reclaim $1.50 as DeFi volumes hit yearly highs?

Cardano (ADA) is trading near $0.6737 after a month of sideways action, but activity across its DeFi ecosystem is quietly gaining momentum. Liquidity is improving, user metrics are ticking higher, and decentralized exchanges on Cardano are seeing their busiest stretch in over a year.

With fresh capital returning to on-chain applications, traders are now asking whether ADA’s fundamentals can finally begin catching up to the rest of the market and whether a move back toward $1.50 is realistic in the months ahead.

Current Cardano price landscape

ADA has spent weeks consolidating between $0.65 and $0.75, holding key support despite risk-off moves in crypto and equities. On-chain data shows steady growth in daily active wallets and a continued rise in staked ADA, both of which tend to reflect long-term confidence rather than short-term speculation.

Meanwhile, Cardano DeFi protocols are seeing a sharp increase in Total Value Locked (TVL). That renewed participation marks a notable shift from the lull that characterised much of 2023 and early 2024. If sustained, Cardano’s utility story will begin to look more convincing to institutional desks that have largely stuck to Bitcoin and Ethereum exposure this year.

Support sits at $0.65, while the next meaningful resistance level is $0.80–$1.00.

Positive factors for Cardano price

A decisive reclaim of the $1.00 handle would signal a shift in momentum. From there, technical projections suggest a potential run toward $1.20–$1.50, especially if:

• DeFi liquidity continues expanding
• Major ecosystem projects attract fresh users
• BTC stabilises and capital rotates into underperforming Layer-1s

Cardano’s upcoming governance improvements may also help boost confidence that the network can scale decision-making and support more commercially oriented dApps.

If sentiment flips bullish broadly across altcoins, ADA’s relative underperformance could make it a prime catch-up candidate.

Bearish factors for ADA price

Bears maintain that Cardano adoption is still lagging and that its recent DeFi resurgence could stall if liquidity shifts back toward Solana or Ethereum. A breakdown below $0.65 would expose $0.55–$0.58 as the next support zone, potentially resetting bullish expectations.

Macro volatility also remains a factor. If risk assets roll over again, liquidity could drain from lower-beta assets like ADA quickly.

ADA price prediction for today

For now, ADA remains range-bound. A consolidation phase with improving fundamentals but incomplete technical confirmation. A break above $0.80 would be the first sign that bulls are ready to target the $1.00 psychological barrier. Clearing that level would bring $1.20–$1.50 back into view, especially if Cardano’s DeFi usage proves sticky.

Until then, ADA’s recovery remains more likely than imminent. This is promising, but still depends on a catalyst to activate a broader inflow of capital.