Cardano may be quietly preparing for the most important leap in interoperability to date. It has been discovered that the newly emerging smart contract, Cardano.omft.Near, is carrying out ADA transactions using a nearby protocol. Blockchain analyst Vini Barbosa flagged this on July 30, bringing attention to the beginning of a formal integration with Chary’s Intents platform. A close-intention system allows frictionless asset swaps across more than 100 different tokens without traditional centralized exchange infrastructure.
Public approval for Charles Hoskinson’s post adds more weight to the situation. His statement, “I’m glad you worked nearby” means this is not an isolated test. This will potentially lead to serious developments towards unlocking the deeper fluidity of the ADA and expanding Cardano relevance across the other tier 1 ecosystems.
Why can this change the price trajectory of Cardano?
As this integration progresses, ADA owners will gain the ability to directly exchange assets with other nearly compatible tokens, and will completely remove the need to go through a bridge or CEX. For Cardano, that means a significant expansion of utility in defi space.
This is more than just a technical upgrade. It is a strategic move at the ecological level. The intent of the close relative has already been dealt with near $1 billion worth of value. Being part of that pipeline provides a new pathway for Cardano for adoption, especially among users who value flexibility and interoperability.
From a market perspective, this type of cross-chain function tends to drive demand. Typically, more use cases lead to increased volume, and more volumes can support stronger price actions. But does the chart show us the same optimism?
Cardano Price Prediction: What does the chart say about ADA price momentum?
Cardano Price zoomed in on the Hikin Asi Chart every day, and there was one strong in July, price action jumped below 0.60 and above 0.90 within three weeks. However, a recent pullback was expected. Price moved over the upper bollinger band and began to return to average. This retracement paused around the 0.764 Fibonacci level and the middle bollinger band. Both approach 0.786.
This confluence zone is important. Often, it acts as an important pivot point where either buyer intervene to continue the rally or seller intervene to regain control. For now, the candles are softer, but they’re not bearable. Daily SMAs are just below current prices, suggesting that the ADA still has a supportive base.
On the downside, if the ADA price falls below the 0.75 zone, there is a risk of sliding towards support of 0.70, potentially 0.618 Fibonacci levels are around 0.68. It’s a line where long-term bulls are likely to defend in large quantities.
The advantage is that the following resistance is a previous high of nearly 0.90. With volume growth and bullish momentum breaking out on this, the market suggests near consolidation pricing as serious development. If that happens, the ADA can target 1.00 in a short period of time.
Is this just a hype or is it a setup for something big?
Crypto is full of exaggerated partnerships that are never offered. However, this is different as evidence in the chains is already visible. There are smart contracts. A transaction is occurring. The founder is informing him of his support. The close team is already known for shipping the work products. If this continues to develop, ADAs can become true cross-chain assets, moving easily across the chain and joining a larger liquidity pool.
This is not just suitable for Cardano. It’s also suitable for nearby as it brings Ada’s user base to the ecosystem. The mutual benefits are greater than speculation due to this integration. It looks like an alignment.
Cardano Price Prediction: What’s next for ADA prices?
If Cardano confirms the integration of protocol intentions in the coming weeks and momentum continues to be built around the utility narrative, ADA Price can regain the 0.90 level and run towards the psychological 1.00 barrier. This level is highly contested, but a more powerful confirmation opens the path to 1.20 and 1.35, based on Fibonacci’s expansion and historical resistance levels.
Conversely, if you can’t hold above 0.75, you could potentially revisit the Calcano price of 0.70 or 0.68. Soaking in these zones isn’t necessarily bearish unless the broader market changes the risk-off. If the basic catalysts remain intact, these can be considered as accumulation zones.
Cardano has placed himself to unlock new cross-chain possibilities, and the market is beginning to notice. This isn’t just hype. The chart shows that the ADA holds a key level after a sudden rally, but the fundamentals suggest that game-changing integrations are quietly underway. For investors and traders, this is a kind of setup that requires attention.
The ADA is not bullish yet. But it is definitely under monitoring.
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