Cardano Momentum Affected By Rival AI Altcoin, Experts Say 30% Staking Yield Could Disrupt Market
The post Cardano Momentum Affected By Rival AI Altcoin, Experts Say 30% Staking Yield Could Disrupt Market appeared on BitcoinEthereumNews.com.
The ADA coin faces massive scrutiny from holders as the Cardano price dips below the $0.80 support after breaking it last week. Experts voice more downside in the short term despite ETF hype in August. According to experts, ADA coin holders are shifting investments to AI coins, which gained mainstream attention in August after notable developments in the sector. One such AI coin is Unilabs Finance (UNIL), which has stolen the spotlight as the mega presale of 2025, revolutionizing the hedge fund sector with AI-powered tools and automation infrastructure. What’s exciting for the community is its passive income models and 30% staking yields that can make it truly a community-driven platform. Cardano Price Fails to Defend $0.80 Support: $0.75 Drop Incoming The Cardano price continues to face a notable loss in the daily timeframe, retreating below the $0.80 support marker with a 4.7% drop. Despite securing third spot in Grayscale’s top 10 crypto assets rankings and the SEC’s upcoming decision in August about ETF approval, the ADA coin remains stuck in a narrow price range, leading buyers to diversify portfolios with other high-potential cryptos. This news also led to a massive accumulation of 200M ADA tokens in the last 48 hours. However, bears are dominating as the Cardano price continues to trade around $0.77. Experts observe a shift towards AI coins, which is indirectly affecting the ADA coin as the Cardano price fails to show any notable upside momentum when BTC & ETH are moving towards their all-time highs. While the RSI stays in a neutral range, the MACD lines signal a bearish momentum ahead for the ADA coin. While a bullish leg is yet to occur and momentum is not completely bearish, a short-term response from whales might make the Cardano price retest the critical $0.75 support level. $31M…
Filed under: News - @ August 13, 2025 11:27 pm