Wall Street Opens Doors to Cardano – $10 ADA Incoming?
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Cardano (ADA) just scored a major milestone with its listing on the global brokerage platform Interactive Brokers.
Known for its wide range of investment products and institutional clientele, Interactive Brokers gives Wall Street investors a new and direct channel to gain exposure to Cardano.
This listing is one of the most significant moments for ADA so far – positioning the token for greater mainstream visibility and adoption.
Cardano Price Capitulates: What’s Next for ADA?
The listing also includes XRP, Solana, and Dogecoin, but for Cardano, this integration marks a particularly meaningful step forward.
While Interactive Brokers began supporting Bitcoin, Ethereum, Litecoin, and Bitcoin Cash back in 2021, the addition of ADA brings another layer of validation to the project’s staying power and relevance.
Despite the bullish implications, ADA’s price action isn’t reflecting the optimism just yet. At the time of writing, the token trades at $0.7325, down 4.24% over the past 24 hours, according to CoinMarketCap.
Over that same period, ADA has fluctuated between a low of $0.7219 and a high of $0.7528, indicating some intraday volatility.
Though the short-term trend is down, ADA remains up 11% over the past 30 days.
Looking at the ADA/USDT 4-hour chart, technical indicators like the RSI and CMF suggest that further sell pressure may be ahead in the near term – despite the broader momentum surrounding the listing.
Source: TradingView
With the RSI sitting at 45, Cardano has lost much of the bullish momentum it showed earlier in the month.
The Chaikin Money Flow (CMF) is also in negative territory at -0.09 – well below the neutral zero line – indicating weak buying pressure and ongoing capital outflows.
This combination helps explain the continued price consolidation since ADA fell from its $1.15 peak on March 3.
If broader market sentiment fails to improve and further selling pressure mounts, ADA could revisit the $0.60 range – a level last seen on February 28 following an unusually sharp selloff.
Is Solaxy a Better Option for Investors?
While Cardano may be facing short-term headwinds, emerging projects like Solaxy ($SOLX) are quickly gaining attention as promising alternatives.
Source: Solaxy
Built to enhance Solana – a network widely viewed as a key competitor to Cardano – Solaxy introduces a Layer-2 scaling solution designed to improve speed, reduce transaction costs, and support a broader range of applications.
Unlike many new crypto projects, Solaxy offers clear utility and a strong roadmap.
Its user-friendly platform is designed to support both meme coins and DeFi applications, giving users access to a high-performance, low-cost blockchain experience.
🔥 Rollup Performance 🔥
• Rolling out key optimizations to handle more transactions in less time.
• Collaborating with Sovereign on a new caching mechanism to streamline processing.
• Refining serialization and deserialization to cut down on overhead.
As Solaxy moves toward full launch, investors can gain early exposure by participating in the ongoing $SOLX presale.
SOLX is available through a variety of payment methods, including SOL, USDC, and bank cards – making access easy for both seasoned and first-time investors.
With nearly $30 million already raised, Solaxy is shaping up to be one of the most anticipated launches in the Solana ecosystem this year.
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