Cardano Price Prediction: Hoskinson Reveals SpaceX Talks While ADA Quietly Bleeds Out

Cardano trades at $0.1512 on June 24, hovering just above the support zone that has held since the June breakdown, as the network launched a critical scaling testnet aimed at solving its long-standing throughput bottleneck while founder Charles Hoskinson revealed talks with SpaceX about future communication technology.

$ADA Daily Chart: Price Stuck Between Two Horizontal Zones

The daily chart shows $ADA sliding through a clean downtrend from the May peak near $0.29, with two horizontal support zones marking the chart’s recent history. The first, near $0.22, held through much of Q1 before giving way in June. The second, in the $0.14 to $0.15 range, is where price currently sits and has acted as a floor through the past two weeks.

All four EMAs sit overhead in bearish order: 20 at $0.1718, 50 at $0.2004, 100 at $0.2331, and 200 at $0.3063. The SAR at $0.1805 remains bearish and has capped every recovery attempt since the breakdown. A daily close above $0.1718 would be the first signal that sellers are losing momentum.

Key Levels for $ADA

• Resistance: $0.1718 (20 EMA), $0.1805 (SAR)
• Support: $0.1505 (session low), $0.1400 (zone floor)

Leios Testnet Launch Targets a 65x Throughput Increase

Cardano launched the public Musashi Dojo testnet for its Ouroboros Leios scaling protocol on June 23. The five-phase test program aims to validate a design that could push network throughput from 4.5 KB/s to as much as 200 KB/s, a 30x to 65x improvement. The mainnet hard fork is targeted for November 2026.

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This directly addresses one of the most persistent criticisms of Cardano, its limited transaction capacity relative to competing chains. The development is bullish for $ADA’s long-term fundamentals, but the price impact historically materializes after successful mainnet deployment and measurable adoption, not during early testing phases. With the mainnet fork still five months away, this remains a fundamentals story rather than a near-term price catalyst.

Hoskinson Talks SpaceX and a Billion Crypto Users by 2030

In a recent podcast, Hoskinson detailed productive discussions with SpaceX about future communication technologies, including Starlink integration possibilities. He clarified that SpaceX currently has limited interest in blockchain integration but is exploring quantum cryptography applications. No concrete partnership has emerged from these talks.

Hoskinson used the platform to reinforce a long-term growth narrative, predicting the global crypto user base reaches one billion by 2030. While neutral for $ADA in the short term, this kind of consistent engagement with major tech firms helps sustain community conviction during the current bear market, even without immediate price impact.

$ADA Derivatives: Shorts Are Taking the Bigger Hit Despite the Downtrend

Volume rose a modest 0.19% to $475.70M while open interest fell 2.81% to $371.27M, both moving in opposite directions and pointing to position closures outweighing fresh entries. The long/short ratio of 0.8185 leans bearish, yet liquidation data tells a more nuanced story.

Over 24 hours, $179.22K in short positions were liquidated against $1.70M in longs. Longs are absorbing roughly ten times more pain, suggesting leveraged buyers keep getting caught trying to call a bottom as price continues testing the lower end of its range. Moreover June 24 recorded a net outflow of -$1.09M, consistent with the broader trend.

Cardano Price Prediction for June 25, 2026

• Upside Levels: A hold above $0.1505 and a reclaim of $0.1718 would signal the current support zone is holding, opening a path back toward $0.1805. Continued positive Leios testnet updates over the coming weeks could help rebuild sentiment even without immediate price impact.
• Downside Levels: A daily close below $0.1400 breaks the support zone that has held since the June crash and exposes a move toward the next reference point near $0.13. Persistent spot outflows remain the larger structural headwind regardless of near-term technical bounces.