TL;DR

Brave added native support for Cardano (ADA) in its integrated wallet, enabling direct sending and receiving of tokens through the browser.
Charles Hoskinson teased upcoming network updates for summer and fall, with Midnight as the central upgrade focused on privacy and scalability.
ADA surged 22% over the week, corrected 3%, and is trading at $0.795, with $1.42 billion in volume and an RSI of 61, still showing bullish momentum.

Cardano is back in the spotlight after announcing a key integration and hinting at upgrades that could drive the value of its ADA token higher in the coming months.

The news is that Brave, the browser with over 70 million users, added support for ADA in its built-in crypto wallet. This immediately triggered a reaction from the community. From now on, Brave users can send and receive ADA natively through the browser.

Update Season

Cardano founder Charles Hoskinson took the opportunity to suggest this is only the first step in a series of updates scheduled for summer and fall 2025. Without giving away specific details, he hinted that VPN and advertising companies could be affected by these new integrations. Hoskinson further fueled expectations around the Midnight project, an upgrade centered on privacy and scalability that’s shaping up to be a key piece of Cardano’s next phase.

After a 22% rally last week, ADA corrected 3% over the last 24 hours and is trading around $0.795. Despite the dip, analysts and traders don’t see this as a warning sign but rather a healthy adjustment after a sustained rally. In fact, the price already broke through the $0.72 and $0.75 levels and is now approaching $0.786 — an important zone that, if breached, could clear the way toward $0.86 and potentially $1.

Cardano (ADA) Performance and Technical Indicators

Another important factor is trading volume, which fell 15% in the last 24 hours to $1.42 billion. Even with lower activity, volume remains at levels that show strong interest from both retail investors and whales, keeping alive the potential for more upward moves. Additionally, the RSI indicator stands at 61, a level that points to ongoing buying momentum without signs of overbought conditions.

If Cardano (ADA) fails to break its current resistance, the nearest support levels are at $0.72 and $0.67. Its performance in the coming days will depend on the token’s ability to maintain trading volume and confirm a breakout through key price zones

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Filed under: News - @ May 13, 2025 3:27 pm