Cardano at the Edge as Founder’s “Don’t Let the Vampires In” Fuels Midnight Network Hype
Cardano (ADA) faces a pivotal moment, with market analyst GainMuse noting it remains below descending resistance after failing to break the triangle pattern. Despite intermittent bullish momentum, the market...
Cardano (ADA) faces a pivotal moment, with market analyst GainMuse noting it remains below descending resistance after failing to break the triangle pattern.
Despite intermittent bullish momentum, the market struggles to assert control, signaling potential caution for traders.
Notably, Cardano faces persistent pressure at its descending resistance, repeatedly stalling upward momentum and extending consolidation.
According to GainMuse, the inability to breach this key level signals caution for investors expecting a sustained rebound. Technically, the triangle pattern hints at an upcoming directional move, but until a breakout occurs, market uncertainty prevails.
What is expected? Well, the next critical support sits at $0.40, a key psychological and technical level. Historically, a strong floor during market weakness, a breach could trigger further downside.
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Cardano Founder Champions Midnight Network as the Future of Digital Identity
Cardano founder Charles Hoskinson has endorsed Midnight Network as a groundbreaking solution to centralized digital identity control.
On X, formerly Twitter, he urged users to seek platforms that protect free expression, cautioning against the influence of ‘vampires’ in dominant social media networks.
This is why Midnight exists. Don’t let the vampires in,” Hoskinson declared, emphasizing the platform’s mission to protect digital identity and free expression.
As concerns over privacy, censorship, and data monopolies rise, Midnight empowers users to control their online presence without fear of blacklisting or arbitrary restrictions.
Amid Europe’s tightening privacy regulations, Hoskinson endorses Midnight as a solution for the evolving digital landscape.
Using decentralized technology, Midnight offers a secure, open, and user-controlled environment that meets privacy mandates while avoiding the risks of traditional centralized platforms.
Meanwhile, a month after unveiling its global adoption roadmap, the Cardano Foundation reports steady progress across Web3, real-world assets, DeFi, governance, and blockchain education.
Therefore, this update underscores Cardano’s ongoing push to expand utility and adoption as it heads into 2026.
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