ADA Slips Toward $0.25 As LayerZero Integration Fails To Lift Price
The post ADA Slips Toward $0.25 As LayerZero Integration Fails To Lift Price appeared on BitcoinEthereumNews.com.
Cardano trades near $0.26 after Charles Hoskinson confirms LayerZero integration and USDCx stablecoin launch at Consensus Hong Kong. Spot outflows hit $2.71M on February 13 as price breaks below descending channel support despite bullish development news. Midnight mainnet launch scheduled for final week of March 2026, adding privacy features to Cardano ecosystem. Cardano price today trades near $0.2621, down 0.76% in the past 24 hours as sellers continue to pressure the token despite major announcements from Charles Hoskinson at Consensus Hong Kong 2026. The disconnect between development progress and price action highlights the market’s focus on near-term flows over long-term fundamentals. LayerZero Integration Brings Cross-Chain Connectivity At Consensus Hong Kong, Hoskinson confirmed LayerZero’s institutional-grade interoperability protocol is being integrated into the Cardano ecosystem. The integration addresses one of Cardano’s long-standing structural criticisms: isolation from other blockchains. With LayerZero, Cardano dApps can now communicate trustlessly with over 50 blockchains, including Ethereum, Solana, and Avalanche. The protocol enables cross-chain messaging and asset transfers without relying on centralized bridges, a critical upgrade for a network that has historically operated in relative isolation. The integration also brings USDCx, a LayerZero-powered compliant stablecoin set to launch on Cardano. For a DeFi ecosystem that has long lacked institutional-grade stable liquidity, this represents a foundational upgrade. Hoskinson confirmed the stablecoin will have broad wallet and exchange support, bringing privacy and immutability powered by zero-knowledge technology. Midnight mainnet is scheduled to launch in the final week of March 2026, adding privacy features to the Cardano ecosystem. The roadmap now looks concrete rather than aspirational, but the market has yet to price in these developments. Price Breaks Below Descending Channel Support ADA Price Dynamics (Source: TradingView) On the daily chart, Cardano has broken below the descending channel that has guided price action since August 2025. Bollinger Bands show the…
Filed under: News - @ February 13, 2026 1:28 pm