$ADA / Cardano Update

🔹 Price & market status: Cardano (ADA) continues trading with mixed momentum as it remains in focus amid broader crypto market activity — price has shown pressure but still attracts attention from traders and investors.

🔹 Network developments: Recent upgrades like Plomin governance and Hydra/L2 scaling work are aimed at boosting on‑chain utility, governance participation, and throughput — important structural catalysts.

🔹 Ecosystem growth: Cardano’s DeFi protocols and stablecoin activity are expanding, with increased diversification and liquidity inflows supporting network resilience.

🔹 Key levels & outlook: ADA has been trading in a range and siting near resistance zones — a breakout above major levels could spark a renewed rally, while consolidation may continue before a decisive move.

🔹 Sentiment & catalysts: Institutional positioning, roadmap updates, governance proposals, and potential ETF interest are themes traders are watching for market direction.