Cardano Price Eyes 80% Rally as x402 Upgrade Sparks Hope
The post Cardano Price Eyes 80% Rally as x402 Upgrade Sparks Hope appeared on BitcoinEthereumNews.com.
Cardano price has attracted renewed attention after the network introduced the x402 Proof-of-Concept upgrade. This advancement enables on-chain AI payment interactions and strengthens Cardano’s expanding ecosystem. The milestone arrives as technical indicators hint at an upcoming bullish phase for ADA price. Cardano Price Builds Structure for a Breakout ADA price is currently consolidating around $0.66 after rebounding from a strong demand zone between $0.62 and $0.63. The daily chart outlines a clear cup-and-handle structure transitioning into a falling wedge pattern, often seen before major upswings. If ADA clears the resistance at $0.73, it could trigger an 80 % breakout toward $1.20. This projection aligns with long-term Cardano price projections signaling renewed accumulation and trend reversal potential. Notably, the RSI has started recovering from the lower region, hinting at strengthening momentum among buyers. Meanwhile, trading activity near the wedge’s upper boundary indicates growing interest from both retail and institutional participants. A decisive close above $0.73 would confirm a breakout continuation, while rejection could cause a temporary pullback to $0.63 before another rebound. Therefore, the technical outlook favors a bullish bias, suggesting ADA price might reclaim $1.00 and potentially advance toward the $1.20 psychological barrier before year-end if broader sentiment remains positive. ADA/USD 1-Day Chart (Source: TradingView) Cardano Strengthens AI Payment Capabilities Through x402 Integration The x402 integration is a strategic move that connects Cardano to a broader AI-powered economy. According to developer Patrick Tobler, this technology allows AI agents to interact and perform on-chain transactions seamlessly. The upgrade introduces automated, verifiable payments between AI agents and services. Charles Hoskinson called the upgrade “very big for Cardano,” emphasizing its long-term significance for the blockchain’s future. Specifically, this implementation bridges Cardano’s DeFi capabilities with real-world automation, allowing on-chain processes to occur without human intervention. It also creates a new layer of programmable utility…
Filed under: News - @ October 28, 2025 11:29 am