Coinbase Cardano Reserve Soaring, Here's the Implication for Price - The Market Periodical
Key Insights: Coinbase’s Cardano reserve rose from 1.7 million to 9.56 million ADA. Analysts predict ADA could reach $1.90 if momentum continues. India’s growing developer base strengthens Cardano’s global...

Key Insights:
- Coinbase’s Cardano reserve rose from 1.7 million to 9.56 million ADA.
- Analysts predict ADA could reach $1.90 if momentum continues.
- India’s growing developer base strengthens Cardano’s global reach.
The recent Cardano news centers around its exchange reserve shift. Coinbase’s Cardano reserve has climbed from 1.7 million to 9.56 million ADA, marking a massive 462% jump.
The change points to rising interest from big investors, even as the exchange’s XRP reserve dropped sharply from 970 million to 99 million.
Cardano and XRP Show Different Trends
Cardano’s sharp rise on Coinbase comes at a time when its rival XRP is losing ground. Data shows Coinbase now holds 9.56 million ADA compared to just 1.7 million before.
This large increase means more users and institutions are keeping their ADA on the exchange. At the same time, XRP holdings have fallen from 970 million to only 99 million.
This difference says a lot about how investors view the two assets. Cardano seems to be getting more attention because it is being used on other chains and projects.
However, XRP’s activity looks weaker. For investors, this may signal a shift in where the market is placing its confidence.

The rise also shows that the demand for Coinbase Wrapped ADA is growing. This wrapped version enables users to utilize ADA in other parts of the cryptocurrency market, indicating that its real-world applications may be expanding.
When big investors start to buy and hold more of an asset, it often points to growing faith in its long-term value.
Market watchers believe this kind of move could set the stage for a new price trend. Big holders usually buy quietly before prices start to move. Notably, this could mean that ADA might be gearing up for another price run if demand continues to rise.
Cardano Price Could Move Toward $1.90
Cardano is now trading near $0.84. Analysts think a break above $0.96 could push the price up to around $1.90.
Some predict even higher targets if market conditions improve. A retest of its 2021 all-time high of $3.10 is possible, while a strong bull run could take it to between $5 and $6.

According to the Cardano news, the market value stands at $30.73 billion. The daily trading volume of ADA was approximately $1.4 billion. Trading has grown slightly, up by about 3%. These steady figures show that Cardano remains active in the market even when prices move slowly.
Investor interest in blockchain projects that focus on low fees and scalability is also growing.
Cardano fits into that space, with its focus on slow but steady development. The price outlook will depend on how much support ADA can gain from both traders and developers in the coming months.
While nothing is certain, the steady buying on Coinbase adds weight to the view that Cardano could see more strength in its price later on.
Cardano News: India Becomes a Key Market for Growth
Cardano is also building its name in India. A major event under Project Catalyst, called the IndiaCodeX’26 Hackathon, is part of this push.
The 2025 edition held in Hyderabad drew over 400 developers who worked on Cardano-based projects. The aim is to grow the ecosystem and attract new talent.
India has over 5 million software developers, the largest pool in the world, according to NASSCOM.
Cardano’s focus on India could open up new use cases and developer tools for its network. The hackathon highlights the country’s importance to Cardano’s long-term growth plan.

Groups like Catalyst_onX and NucastIO have encouraged people to support the project through voting. Their efforts are part of a wider plan to make India one of Cardano’s strongest markets.
If Cardano gains more ground in India, it could speed up its adoption worldwide. The growing interest from developers and institutions suggests the project is moving in a positive direction.
Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was birthed when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments. With his vast experience covering various aspects of Web3, Godfrey’s articles has been featured on Cryptonews and Coingape, among others.
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