Cardano remained steady after volatile conditions, with buyers stepping in to protect the $1.20 area, as attention shifted to network progress and whale positioning. Fresh headlines kept Cardano in focus as the Midnight sidechain completed its full NIGHT mint on October 20, while reports highlighted increased Hydra activity as developers tested higher throughput paths. 

Traders are now weighing whether improving breadth and a cleaner chart can carry Cardano toward higher marks, such as $2 and $3, if volume returns.

Key Levels And Flow That Define The Next Move

Into late October, analysts flagged a tight range where Cardano needs a strong daily close above resistance to reset momentum. Ali Martinez mapped a simple ladder: reclaiming $0.96 to open $1.90, a move that previously aligned with expanding volume and cleaner order flow. 

With spot now holding higher, analysts are watching whether that trigger scales price toward $3 and beyond if liquidity continues to thicken around bids.

Network Signals: Midnight And Hydra Keep Builders Busy

The Cardano Foundation’s update stream noted the Midnight mint event on October 20. That milestone came alongside reports of stronger developer activity after Hydra integrations tied to Midnight. 

Research shows a 44.6% rise in new contract deployments in Q3, a sign that attention is rotating back to the stack. If these threads translate into stickier active users and transactions, they can justify firmer valuations as the market stabilises.

If Cardano holds the $1.20 shelf and pushes through stacked offers above, the roadmap toward $1.90 becomes more credible. From there, a measured push toward $3 would need rising breadth, healthier funding, and sustained spot demand.

Remittix Gains Attention As Payments Token With Real-World Use

Cardano remains a key smart contract investment for many traders, but some are also adding a payments-focused asset for real-world settlement exposure.

Remittix fits that profile with steady progress and transparency. The project’s team is fully verified on CertiK, where it holds the top ranking for pre-launch tokens. Its wallet beta has been live since September 15, with updates shaped by community feedback. The token is already listed on BitMart and LBank, with a third exchange listing in progress.

Remittix has raised over $27.7 million so far, with the token priced at $0.1166 and backed by more than 40,000 investors. Incentives include a 15% USDT referral program, a $250,000 giveaway, and a limited-time RTX50 bonus as the raise approaches $30 million. 

For investors holding Cardano as their main layer-1 asset, Remittix offers a complementary opportunity focused on global payment and settlement infrastructure.

Can Cardano Sustain Momentum And Turn $3 Into Reality?

Cardano’s upward trend can continue if buyers protect the $1.20 support level and push the price above nearby resistance with strong trading volume. A clear breakout could bring $1.90 into focus before any realistic move toward $3. 

At the same time, attention is expanding beyond smart contracts to include real-world payment solutions. Projects like Remittix highlight how practical utility can complement innovation from networks like Cardano. If momentum and adoption stay aligned, both could help shape the next stage of crypto’s value cycle.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/   

Socials: https://linktr.ee/remittix   

$250,000 Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway

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The post Cardano Update: ADA Holds Above $1.20 As Network Expansion Continues, Is A Push Toward $3 Possible? appeared first on Live Bitcoin News.

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Filed under: Bitcoin - @ October 24, 2025 1:30 pm