Cardano Price Prediction: ADA Tests $0.25 As Midnight Lands First UK Bank Deal

• ADA trades at $0.2541, down 0.20%, pressing into the lower Bollinger Band at $0.2436 with the SAR at $0.2873 overhead.
• Midnight, Cardano’s privacy partner chain, signed a deal with UK bank Monument to tokenize £250M in deposits on a public blockchain for the first time.
• Cardano founder Charles Hoskinson confirmed ADA infrastructure is part of the Monument deal, not just Midnight’s NIGHT token.

Cardano’s partner chain Midnight inked a £250M deposit tokenization deal with UK bank Monument on Wednesday. ADA trades at $0.2541, testing key support, with Hoskinson confirming Cardano components are built into the deal’s infrastructure.

ADA Daily Chart: Bollinger Bands Compressing At A Critical Floor

The daily chart captures six months of sustained selling from $0.85 in October to a low near $0.24 in February. Since then…

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