Nubank-Cardano Partnership Sends ADA Soaring Toward $0.80: Cardano Set to Explode in Latin America’s Crypto Space!

Latin America’s finance technology powerhouse, Nubank, has announced a bold move in the crypto space, now offering services with Cardano (ADA) and several other tokens. Given this development, Nubank’s crypto offerings now stand at 20 different digital assets, catering to its 100 million users across Brazil. Apart from Cardano, Algorand (ALGO), Cosmos (ATOM), and Protocol (NEAR) were also part of the latest acquisitions, making Nubank a diverse crypto services provider in Latin America. 

Nubank Expands Services on the Back of Fantastic Growth

The move comes at a crucial time for the crypto market and Nubank’s own growth. The neobank has seen a meteoric rise in its revenue, especially after receiving support form Berkshire Hathway. The bank’s revenue went from $245 million in 2021 to nearly $3 billion by the end of 2024. This fiscal momentum has allowed Nubank to aggressively scale its services, cementing its role as a giant in Latin America’s crypto and finance world. Known for its efficient transaction speeds and pocket-friendly processing costs, ADA was on Nubank’s target for a long time.

‘Ethereum Killer’ ADA Set to Dominate Brazilian Markets

Often considered Ethereum’s challenger, Cardano is bound to benefit from this development. The Nubank-Cardano partnership could boost ADA’s presence in Latin America, where crypto adoption is skyrocketing. Nubank’s large user base and easy-to-use application can expose ADA, ALGO, NEAR, and ATOM to a large consumer base. This accessibility will drive further interest, especially in Cardano, giving a solid boost to its market value. 

As Cardano’s blockchain ecosystem evolves with new DeFi projects and collaborations, support from a major market player like Nubank could expedite progress and lead to higher user engagement with the blockchain. The Nubank-Cardano partnership will not only benefit the bank but also put the token as a mainstream crypto contender in the rapidly growing Latin American crypto market. As potential for growth lingers on the horizon, ADA adopters are feeling bullish about incoming market opportunities. With all the buzz around Cardao, let us also take a peek at how it has been performing in the past 24 hours, with a detailed analysis and an ADA price prediction. 

ADA Price Analysis of Last 24 Hours: ADA Tests Key Resistance, Exciting Action Ahead

With a late golden cross on the previous day, ADA made a positive start yesterday, going from $0.7320 to $0.7384 within an hour. The buying pressure soon fizzled out, and a death cross appeared on the MACD at 1:20 UTC, as ADA slumped, finding support at $0.7218. As investors saw a buying window, a buying spree occurred as ADA shot up, reaching $0.7482 by 6:35 UTC post-fluctuations. The RSI indicated overbought levels at this point as the ADA price faced strict correction, taking it to $0.7338. As the selling pressure finally cooled off, an extended uptrend started, taking ADA all the way up to $0.7629. 

Chart 1: analyzed by raodevansh18, published on TradingView, March 26, 2025

The overbuying again called for a price correction, pulling ADA down to $0.747. ADA went on to attempt another upward advance, but faced rejection at the $0.766 level. The failure to break resistance corroborated another price decline as a long downtrend led ADA to breach support, finding a base near $0.74. At 3:45 UTC on March 26, a confident uptrend began as ADA continued to touch the resistance. 

ADA Price Prediction: Can ADA Ascend to $0.8 Soon?

As of the last update, ADA was spotted in a trading range, consolidating around $0.7688. If the ADA price is able to muster an upward breakout out of this range, new support can be established near the current resistance, and further upward movement will be much more predictable. However, based on previous performances ADA may spend more time around the $0.76 mark before making upward progress. 

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