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The Cardano price went up 2% in the last 24 hours to trade at $0.6618 as of 4:30 a.m. EST on trading volume that dropped 28% to $816.53 million.
In the last 24 hours, the ADA price actually went down to $0.62, but has since recovered to its current price following the launch of its new quantum-resistant, globally interoperable digital identity platform, Veridian.
Introducing Veridian.
An open-source identity wallet and platform—now live on iOS and Android.
Veridian puts you in control of your digital identity with secure, verifiable credentials and privacy-preserving infrastructure.
Get started: https://t.co/Ul25KeDR1L pic.twitter.com/yX6HM4jFaK
— Cardano Foundation (@Cardano_CF) April 3, 2025
The platform uses open-source tools to verify identities and authenticate online communication. Alongside it, the Cardano Foundation also launched the new Veridian Wallet, which allows users to manage their credentials, identifiers, and private keys.
Cardano Price Prediction
Cardano’s price increase that started yesterday after the Veridian announcement is also a recovery from the decline seen in the past few days. The decline came as part of a wider crypto price drop, that pushed BTC back to $82k, while ADA dipped to just above $0.60.
Right now, many among the top 10 largest cryptos by market cap are trading in the green, with Cardano being among the largest gainers in 24 hours despite the fact that it had only gone up 2% in the last day.
Its Bollinger Bands have seen a minor widening as its price began to recover, only to tighten again as the resistance at $0.65 stood in its way. But, as ADA broke it and surged further up, the bands started expanding once more, signifying greater activity and optimism among traders.
ADA/USD chart analysis (Source: TradingView)
Its Relative Strength Index (RSI) recorded a sharp surge in buying power after the announcement was made yesterday, going from the value of 20 in the oversold zone to the value of 70 late last night.
Since then, ADA has seen a minor sell-off that took the RSI down to 50 again, which was around the time when its price reached the resistance at $0.65. However, the market trend seems to be shifting and growing bullish again, causing a new wave of purchases that pushed the RSI back to 70.
Promising Alternative To Cardano
While Cardano’s new Veridian Wallet attracted some attention, there is no denying that the dominant new wallet in 2025 is still Best Wallet (BEST). The project’s native token, which is currently in presale, is available on the wallet’s launchpad, which you can access in the “Upcoming Tokens” tab of its app.
Best Wallet rose to the top of the best wallets for 2025 list, and experts like ClayBro, a crypto YouTuber with over 136k subscribers, reported that it is growing so fast it is impossible to ignore.
The wallet is attracting users thanks to its multi-chain support, which includes over 60 major chains, and the thousands of cryptocurrencies that run on them. It is non-custodial, and it even lets you connect your other wallets to it to conveniently manage all your funds and portfolios from one place.
As mentioned, its launchpad is also a part of its offering, and in the past, it already launched some highly successful tokens which saw major price surge upon release, such as Pepe Unchained (PEPU) and Catslap (SLAP).
Now, it offers BEST, the wallet’s native token, which grants numerous perks, such as lower trading fees, higher staking rewards (135% APY), access to community governance, and the ability to buy new tokens early.
Over $11M Raised & Counting! 💎
The Best Wallet ecosystem keeps growing, and early holders are locking in their spot. 🚀
Now is your chance to secure exclusive rewards and be part of the next-gen crypto wallet.
Don't miss out! 👉 https://t.co/eMjBsXbv1H pic.twitter.com/p3E6BvxnDS
— Best Wallet (@BestWalletHQ) March 14, 2025
Its ICO has already raised over $11.56 million, and the token itself is selling for only $0.0246. However, experts believe that demand and use cases will push its price much higher after it goes live. Buy before a presale price hike in just over 33 hours to lock in the best deal.
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