Cardano Price Nears Bullish Zone at $0.75 as Charles Hoskinson Confirms Litecoin Partnership
The post Cardano Price Nears Bullish Zone at $0.75 as Charles Hoskinson Confirms Litecoin Partnership appeared on BitcoinEthereumNews.com.
Cardano price opened trading at $0.74 on Monday, May 19, with the 24-hour upper wick pressing against the 7-day average. Media comments surrounding ADA swung into positive territories after Founder Charles Hoskinson confirmed speculations of a in DeFi partnership between Cardano and Litecoin. How could social sentiment swing impact ADA price in the week ahead? Cardano (ADA) Flashes Breakout Signals after 3-day Consolidation Cardano (ADA) price showed tepid price action, stalling around $0.75 over the weekend, while rivals Ethereum and Solana scored considerable gains to reclaim the $2,550 at $170 respectively. Further emphasising the blip in investor interest, the Coingecko data below shows that ADA’s 24-hour trading volume declined from $934 million on Friday, to hit the lows of $620 million on Monday. Cardano price action, ADAUSDT | Source: Coingecko This shows that Cardano’s sideways price movement over the weekend is attributed to a decline in market activity over the weekend. However, on-chain data trends confirm early signals that latest updates from Cardano Founder Charles Hoskinson could propel the ADA price into a positive start for the coming week. Cardano Founder Confirms Imminent DeFi Partnership with Litecoin Cardano founder Charles Hoskinson has publicly confirmed growing speculation of a strategic DeFi collaboration with Litecoin. Over the weekend, community discussions across X (formerly Twitter) intensified after several accounts referenced Hoskinson’s previous interest in working with the Litecoin network. Cardano Founder, Charles Hoskinson Confirms Litecoin Partnership, May 18, 2025 | Source: X.com A viral post from crypto commentator Angry Crypto Show reignited the conversation, stating: “Litecoin has incredible branding and a strong community. Charles has mentioned multiple times his interest to include Litecoin in a variety of DeFi options.” Just hours later, Hoskinson responded directly—putting months of market speculation to rest. “Love the Litecoin community and have known Charlie and Bobby for over…
