Analysts add merit to Cardano Founder Charles Hoskinson’s argument that Midnight will clear major headwinds to bullish Cardano price predictions . The altcoin has struggled with lapse adoption over the past year: Stablecoin supply remains at 30 million despite the GENIUS act, and its Total Value Locked (TVL) trails newer chains. Hoskinson attributes Mignight as the solution, citing it to be the “biggest launches in the crypto industry” six years in the making during a recent X Q&A . X Questions https://t.co/mPk44KCzjL — Charles Hoskinson (@IOHK_Charles) October 31, 2025 The zero-knowledge (ZK) sidechain aims to make Cardano a more scalable and attractive platform for building, contributing to a thriving ecosystem and wider use case for ADA as a utility token. He claims it has already attracted over 80 deals with many developers who have sidelined Cardano in the past, including Sundae Labs, Maestro, OpenZeppelin, and Fluid Tokens. Popular X analyst Ali Martinez added technical backing to the optimism, highlighting a critical support retest at $0.51, a level that has repeatedly marked local bottoms over the past year. $0.52 is a support level that has triggered strong rebounds for Cardano $ADA since November 2024. pic.twitter.com/8HdaiayxYO — Ali (@ali_charts) November 5, 2025 If this support once again holds as a launchpad, Martinez expects a retest of key resistance at $1.15, this year’s high, signaling the potential start of a new bull run. Cardano Price Analysis: $1.15 Could Just be the Start The historical year-long resistance noted by Martinez contributes to a wider descending triangle pattern, setting much grander targets. ADA / USD 1-day chart, descending triangle pattern. Source: TradingView. Momentum indicators support a bounce. The RSI has rebounded from the 30 oversold threshold, often a marker of local bottoms, while the MACD levels off in the early stages of a potential trend shift. Buy pressure is building. Once $1.15 is achieved, a fully realised pattern breakout could see Cardano price upside extend a full 315% to $2.25. A target that becomes all the more compelling once progress resumes towards spot ADA ETF approvals, clear of the U.S. government shutdown. SUBBD: The Web3 Solution to an $85 Billion Industry As regulation brings real-world utility back to the forefront, platforms like Cardano and SUBBD ($SUBBD) are gaining traction. Positioned as an AI-powered content platform, SUBBD is redefining the $85 billion subscriber economy by giving creators true ownership and fans genuine access. Never miss a sale again. As a top creator, your audience is global. It's just not possible to cater to everyone – you can't be online 24/7 That's where your personal AI Assistant comes in, to handle requests and secure payments. Sleep peacefully knowing you're making money… pic.twitter.com/ju9VjLBmea — SUBBD (@SUBBDofficial) March 26, 2025 By cutting out the middlemen, SUBDD puts control back in the hands of those who create real value. Creators can monetize directly, while fans gain access to exclusive content, early releases, and meaningful interactions through token-gated perks. The concept is already gaining traction. $SUBBD has nearly reached $1.3 million in presale, as investors back the shift toward a decentralized creator economy. With SUBBD, both sides of the community win — creators earn more, and fans get closer while embracing the decentralization use cases crypto was built for. Visit the Official SUBBD Website Here The post Cardano Price Prediction: Big Gains Ahead? Analyst and Hoskinson Agree ADA’s Next Move Could Be Explosive appeared first on Cryptonews .
