Cardano Price Prediction As Hoskinson Plans USD1 Stablecoin Integration with Trump’s WLFI

The Cardano price has surged 2% in the last 24 hours to trade at $0.8056, on an 89% pump in the daily trading volume to 5 billion.

The jump in the ADA price comes as Cardano founder Charles Hoskinson reveals that he is working on bringing the USD1 stablecoin, backed by Donald Trump’s World Liberty Financial, to the network. USD1 was recently launched in Solana, and it already has a $2.6 billion market cap with a strong daily trading volume.

Hoskinson believes adding a major stablecoin is critical for Cardano, which has lagged behind other blockchains due to its lack of USDT and USDC support. At present, Cardano’s stablecoin market remains small, led by the Djed stablecoin.

Hoskinson also criticized the Cardano Foundation for failing to secure key partnerships, which forced IOG and the Midnight Foundation to take on the costs instead. Despite these issues, he said he is determined to help Cardano catch up with Ethereum’s larger ecosystem.

He also hinted at collaborations with the XRP community, plans to integrate RLUSD, and expanded support for tokens via the Lace wallet and Midnight airdrop.

DeFi Active Addresses Show Big Swings From 2023 to 2025

Data from DeFiLlama shows big changes in the number of active DeFi addresses over the past two years. In early 2023, active addresses shot above 150,000 but later dropped as activity slowed down throughout the year.

In 2024, the numbers stayed lower for several months, showing weaker interest in DeFi. But towards the end of the year and into early 2025, active addresses spiked again, reaching levels close to the 2023 highs.

Active DeFi addresses from 2023 to 2025. Source: DeFiLlama

These ups and downs suggest that users return to DeFi when new tokens, products, or market rallies appear. While overall activity is not as high as the early 2023 peak, the repeated spikes show that DeFi still has a strong group of users ready to engage when opportunities arise.

Cardano Price Bounces From $0.70 Support

Cardano (ADA) is holding steady after bouncing from its strong support zone around $0.70. The token is now trading near $0.82, showing that buyers are stepping in to defend this level. This support has been tested a few times in recent weeks and has prevented the price from dropping further.

Earlier in the year, ADA was stuck in a bearish channel that pushed it down toward $0.40. After breaking out, the price moved sideways in a consolidation zone before rallying strongly in July and August. That rally took ADA close to $1.00 before sellers pushed it back down.

ADAUSDT 1 Day Chart Analysis. Source: Tradingview

The current recovery suggests that ADA could be preparing for another upward move. The daily Relative Strength Index (RSI) is around 46, close to the neutral zone, meaning momentum is balanced. If ADA continues to hold above $0.70, the next upside target could be between $1.10 and $1.20.

However, if the $0.70 support fails, ADA might drop to the next key level near $0.55. For now, traders are watching closely to see if this rebound can gain strength.