Cardano’s ADA tokens declined by 70% in 2025, but the growing demand for its privacy-focused sister network Midnight (NIGHT) has sparked potential signs of recovery for ADA. Last week, the trading volume on the Cardano decentralized exchange (DEX) reached 125 million ADA, with buy orders for NIGHT totaling 1.38 million ADA, far exceeding the 480,000 ADA sell orders. Analyst James Seyffart pointed out that ADA is included in all six major cryptocurrency index trading products (ETP) he has evaluated, indicating strong confidence from institutional investors. Despite the price decline, Cardano’s total value locked (TVL) remains stable at around 500 million ADA, and the number of daily active addresses remains steady, suggesting that holder loyalty may support a price rebound.
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ADA is expected to drop 70% in 2025—but two major new demand sources for Cardano are emerging
Cardano’s ADA tokens declined by 70% in 2025, but the growing demand for its privacy-focused sister network Midnight (NIGHT) has sparked potential signs of recovery for ADA. Last week, the trading volume on the Cardano decentralized exchange (DEX) reached 125 million ADA, with buy orders for NIGHT totaling 1.38 million ADA, far exceeding the 480,000 ADA sell orders. Analyst James Seyffart pointed out that ADA is included in all six major cryptocurrency index trading products (ETP) he has evaluated, indicating strong confidence from institutional investors. Despite the price decline, Cardano’s total value locked (TVL) remains stable at around 500 million ADA, and the number of daily active addresses remains steady, suggesting that holder loyalty may support a price rebound.