TLDR

• Cardano price maintains critical support between $0.70-$0.80 as technical indicators suggest potential breakout ahead
• Large wallet holders accumulated 200 million ADA tokens valued at approximately $140 million over 48 hours
• eToro expanded Cardano staking services to United States customers, reaching over 40 million potential users
• Network data shows 51% decrease in coin movement, indicating reduced selling activity across the blockchain
• Technical charts identify $0.86 as next resistance target, with additional levels at $1.01 and $1.12 if momentum builds

Cardano price held important support levels in October 2025 as market participants evaluated the token’s next direction. The digital asset traded near $0.70 to $0.80 during this period.

Several factors emerged that could influence price movement. On-chain data revealed changes in holder behavior while new services became available to retail investors.

Large wallet addresses increased their positions following recent market volatility. Blockchain data from Santiment tracked two groups of whale wallets between October 12 and October 14.

Wallets containing over 1 billion ADA grew their holdings from 1.50 billion to 1.59 billion tokens. Mid-tier wallets holding 10 million to 100 million ADA increased from 13.18 billion to 13.29 billion tokens.

Combined, these groups added roughly 200 million ADA at an average price of $0.70. The total value reached approximately $140 million in accumulation activity.

Network metrics showed reduced selling pressure. The Spent Coins Age Band measurement dropped from 179.06 million tokens to 87.33 million tokens since October 12.

This 51% decline indicates fewer coins moved between wallets. Lower transfer volumes typically suggest decreased selling activity across the network.

Staking Access Expands

eToro launched Cardano staking for customers in the United States. The trading platform serves more than 40 million retail users.

Staking allows token holders to earn rewards on their ADA. This feature reduces circulating supply available for trading.

The blockchain maintains active development with ongoing application launches. The network continues attracting builder activity and decentralized projects.

Technical analysis showed an ascending channel pattern on longer timeframes. The price found support near $0.61 before recovering toward $0.73.

Analyst Jesse Peralta noted $0.82 to $0.85 as potential next targets if upward momentum continued. These levels align with previous resistance zones.

Key Levels to Watch

Charts identified $0.86 as the next major resistance point. Multiple rally attempts previously stalled at this level.

Breaking above $0.73 could open movement toward $0.86. If that resistance breaks, targets include $1.01 and $1.12.

The $1.12 level matches the upper boundary of the ascending channel. Technical structure remains valid while ADA stays above $0.61 support.

The Ichimoku Cloud indicator displayed short-term resistance ahead. Converging trend lines pointed to an upcoming price test.

The relative strength index showed neutral readings after cooling from elevated levels. This suggested potential capacity for accumulation if buying interest returned.

Analyst Jordan observed the token climbing gradually since early 2025. Price action repeatedly bounced from the bull market support band on weekly charts.

The $0.75 to $0.80 zone served as a key reference area. Maintaining this range could enable higher prices later in the year.

At publication time, Cardano traded around $0.80. The token gained 0.39% over 24 hours but declined 1.29% across the previous week.

Monthly performance showed a 0.05% decrease. Market observers tracked whether support levels would hold or break in coming sessions.

eToro’s staking service launched as whale addresses added tokens and network activity declined.