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ADA price stuck near $0.27 despite SPAR payment integration

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Spar Supermarket enables Cardano payments in 137 Swiss stores
Spar Supermarket enables Cardano payments in 137 Swiss stores
  • Cardano (ADA) is now accepted at 137 Swiss SPAR stores via direct wallet payments.
  • ADA’s price remains stagnant near $0.272 despite retail adoption.
  • The key levels to watch are the $0.28 resistance and the $0.26 support.

The price of Cardano’s ADA token has remained unmoved even after 137 SPAR supermarkets across Switzerland announced they now accept Cardano (ADA) as a payment method, giving the cryptocurrency a new real-world utility.

The integration, powered by a payment system that connects Cardano’s blockchain to everyday retail checkouts, allows SPAR customers to pay directly from their wallets, without converting to traditional currencies.

Cardano’s ADA token remains unmoved

This move marks a significant step toward mainstream adoption of ADA.

For many cryptocurrencies, being used in everyday retail has been a distant goal, and Cardano now joins a small group of digital assets being used at physical stores.

However, despite this positive development, ADA’s market performance has remained relatively stagnant.

At press time, the cryptocurrency was trading around $0.272, down 1.3% over the last 24 hours.

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Cardano price technical analysis

From a technical standpoint, momentum indicators provide a mixed picture.

The Relative Strength Index (RSI) is recovering from oversold territory but remains below neutral, suggesting buyers have yet to assert dominance.

The Moving Average Convergence Divergence (MACD) indicator readings are flat, signalling a lack of strong bullish or bearish momentum.

Cardano price chart
Cardano price chart | Source: TradingView

Derivatives markets indicate a cautious stance, with long-to-short ratios below one and declining futures participation, hinting that traders are leaning toward a defensive approach rather than aggressive buying.

On-chain activity also shows more coins are being moved, a signal that holders may be redistributing or taking profits.

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Combined with modest daily losses, this data suggests that ADA’s recent rebound is not yet convincing enough to trigger a larger market rally.

ADA price forecast

While Cardano’s integration into 137 Swiss SPAR stores is a landmark moment for adoption, the market has yet to respond.

Technical levels suggest that ADA remains range-bound, and traders should be looking for decisive moves either above the immediate resistance or below the immediate support to determine the next trend.

Notably, a descending trendline has been forming, with $0.28 currently acting as the immediate resistance point.

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Therefore, a breakout above this level with sustained volume could open the path toward $0.32, where stronger resistance aligns with clustered moving averages.

On the downside, a clear break under $0.26 could bring the $0.24 level into play.

Falling below that could accelerate selling and bring prices closer to $0.21, echoing recent technical warnings about potential downside.

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Crypto World

Hyperliquid price eyes $35 as Bollinger Bands tighten

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Hyperliquid price outlook: Bulls eye $35 as Bollinger Bands tighten  - 1

Hyperliquid price is approaching a key resistance level, and shrinking volatility suggests a possible breakout toward $35.

Summary

  • HYPE trades near $31 after slipping 5.7% in 24 hours but remains up 80% over the past year.
  • Bollinger Bands are tightening, signaling a volatility squeeze that often precedes a major move.
  • A breakout above $34 could push price toward $35, while losing $29 may expose the $26 support zone.

At press time, Hyperliquid (HYPE) was trading at $31.24, down 5.7% in the past 24 hours. Over the last week, it moved between $26.22 and $33.33, ending roughly 7% higher. However, the token has decreased by roughly 10% per month.

HYPE continues to be one of the better-performing altcoins despite the recent decline. Over the past year, the token has increased by about 80%, despite difficulties in the larger cryptocurrency market.

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Derivatives activity has cooled slightly. CoinGlass data shows that trading volume dropped 18% to about $1.25 billion, while open interest fell 7.5% to $1.21 billion, showing some traders closing their positions.

HYPE token fundamentals

HYPE’s price is influenced by several structural factors.  The core of Hyperliquid’s ecosystem is perpetual futures trading, and the Assistance Fund for token buybacks receives about 97% of platform fees.

Increases in trading are directly correlated with increases in buybacks. For example, when trading volumes averaged $29 billion daily, $5.82 million in buybacks were generated, demonstrating a direct correlation between trading demand and token support.

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Market sentiment has also been influenced by protocol upgrades. Permissionless perpetual markets were introduced by HIP-3, which produced a total volume of about $83 billion. 

HIP-4 proposal aims to launch outcome trading products, combining prediction markets, options, and binary-style contracts. These additions could expand platform activity if more retail or institutional traders participate.

Hyperliquid price technical analysis

HYPE appears to be entering a compressed volatility phase. Bollinger Bands have tightened on the daily chart, which is frequently an indication of an impending big move.

The upper band, which has caused pullbacks in recent sessions, is being tested by the price.

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Hyperliquid price outlook: Bulls eye $35 as Bollinger Bands tighten  - 1
Hyperliquid daily chart. Credit: crypto.news

The structure of the market has improved. HYPE has formed a string of higher lows around $26 and $29 since late January, indicating that buyers are intervening earlier on dips. This outlook is also supported by momentum indicators. 

There is potential for more gains as the relative strength index is in the mid-50s and trending upward. Meanwhile, the mid-Bollinger Band has been offering dynamic support around $29.

A move toward $35 could ensue if HYPE breaks above $33–$34, with a possible extension to $38 if buying pressure increases. Deeper losses could retest the $26 base, and rejection at resistance could push the token back toward $29 on the downside.

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Crypto World

Trump Son Echoes President’s Anti-Bank Message amid Stablecoin Yield Fight

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Banks, Donald Trump, Stablecoin, Companies

The post from Eric Trump, tagging his crypto company, came hours after his father claimed banks were holding a market structure bill “hostage.”

Eric Trump, son of US President Donald Trump and one of the co-founders of the family-backed crypto business World Liberty Financial, has jumped on the anti-bank messaging that many in the industry are espousing amid disagreements over how to handle stablecoin rewards.

In a Wednesday X post, Eric Trump echoed his father, claiming that banks were “desperately targeting” cryptocurrencies and stablecoins as discussions lag on the market structure bill in the US Senate. The post came hours after the president posted a similar message claiming that banks were holding the legislation “hostage.”

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Banks, Donald Trump, Stablecoin, Companies
Source: Eric Trump on X

The issue of stablecoin yield has been dividing many US lawmakers, banking industry representatives, and crypto companies, stymieing the market structure legislation. Eric Trump and many in the crypto industry oppose a ban on stablecoin yield, arguing it would “block any rewards or perks from being given to customers,” while some banking organizations have argued such rewards could undermine credit and lead to deposit flight risk.

Related: Trump met Coinbase CEO before slamming banks over crypto bill: Report

A company representative, in response to questions about Eric Trump’s post, said that the company was “not a political organization” and he “has been clear about why he helped create World Liberty Financial.”

Senate banking panel has yet to reschedule market structure bill markup

Eric Trump’s message was one of the latest public statements from a leading industry figure after three meetings between White House officials and banking and crypto representatives on how to address stablecoin yield in the market structure bill. The legislation, called the CLARITY Act when it passed the House of Representatives in July, has been delayed by a 43-day government shutdown and debates among lawmakers on ethics, tokenized equities and stablecoins.

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Although the Senate Agriculture Committee advanced its version of the bill in January, the banking panel postponed a markup and had yet to reschedule it as of Thursday. Both versions will likely need to pass the two committees and be consolidated before the full Senate can potentially vote on the bill.

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