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Cardano Price Near Breakout as Selling Hits 6-Month Low

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Bullish Pattern

The Cardano price is down nearly 4% over the past 24 hours and remains about 33% lower over the past month. Despite this weakness, several technical and on-chain signals suggest that selling pressure is fading.

The share of ADA supply in profit has dropped by roughly 75% since January, sharply reducing profit-taking incentives. At the same time, a potential reversal pattern is forming on lower time frames. Together, these signals raise a key question: is this Charles Hoskinson-led token preparing for a rebound toward $0.34, or is this just another failed recovery attempt?

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Inverse Pattern And Divergence Hint At Buyers Regaining Control

On the 4-hour chart, Cardano is forming an inverse head-and-shoulders pattern. This structure often appears near local bottoms and signals that sellers may be losing control. It consists of a left shoulder, a deeper central low, and a higher right shoulder.

In this case, the neckline is sloping downward. A downward-sloping neckline makes breakouts harder because buyers must push through falling resistance. For this pattern to activate, ADA needs a clear four-hour close above the $0.275–$0.280 zone.

A momentum indicator, the Relative Strength Index (RSI), also supports this early recovery attempt. Between January 31 and February 9, Cardano seems to be printing lower lows on price, while the Relative Strength Index or RSI is printing higher lows. This developing bullish divergence shows that selling pressure is weakening even as price tests new short-term lows.

The divergence signal would confirm if the next ADA price candle forms above $0.259.

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Bullish Pattern
Bullish Pattern: TradingView

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In simple terms, sellers are becoming less aggressive. Buyers are slowly stepping in. But this setup only works if demand continues to build. Without follow-through, these patterns usually fail. That brings attention to whether sellers still have strong reasons to exit.

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Profit-Taking and Coin Activity Have Collapsed, Reducing Sell Pressure

On-chain data shows that selling incentives have dropped sharply over the past month.

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The percentage of total ADA supply in profit has fallen from above 33% in mid-January to about 8% in early February. That represents a decline of roughly 75%. It places profitable supply close to its lowest level in six months.

Profitability Drops
Profitability Drops: Santiment

When so few holders are in profit, fewer investors are motivated to sell into small rallies. Most are either at break-even or sitting on losses. This reduces natural selling pressure.

Another supportive signal comes from spent coins age data, which tracks how many coins, across old and young cohorts, are being moved. During the February 6 sell-off, coin activity surged to around 168 million ADA. Since then, it has dropped to roughly 92 million. That is a decline of about 45%.

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Spent Coins Dip post ADA Crash
Spent Coins Dip post ADA Crash: Santiment

This shows that long-term holders are no longer rushing to move or sell their coins. Panic-driven exits have slowed. Many investors are choosing to wait. When falling profit supply aligns with declining coin movement, it usually means distribution is easing. This does not guarantee a rally, but it creates space for one to develop.

With fewer motivated sellers, the next move depends mainly on buyer strength.

Volume and Cardano Price Levels Will Decide If $0.34 Comes Into Play

Despite improving structure and weaker selling pressure, buying strength remains limited.

On-Balance Volume, which tracks whether volume supports rising or falling prices, is still trending lower. It remains below a descending trendline. This shows that recent rebounds have not been supported by sustained demand.

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The last major surge in buying happened on February 6, when ADA rallied from near $0.220 to around $0.285 in one day, almost 30%. Volume expanded sharply during that move. Since then, participation has cooled.

For a true breakout to develop, volume must expand again and push OBV above its downtrend. Without that, rallies are likely to fade. Key ADA price levels reflect this balance.

The first major resistance sits near $0.275. A confirmed break above this zone would validate the inverse pattern. Above that, $0.285 becomes the next hurdle. Clearing both would open the path toward $0.346, almost 30% from the pattern’s neckline.

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Cardano Price Analysis
Cardano Price Analysis: TradingView

On the downside, $0.259 is critical support. A break below this level would weaken the right shoulder and damage the bullish setup. Full invalidation occurs below $0.220, which would place the price back under the pattern’s base.

In simple terms, Cardano is approaching a decision point. Selling incentives have dropped about 75%. Coin activity has cooled. Momentum is improving. But volume has not yet confirmed buyer control.

If strong participation returns and $0.275 breaks, a move toward $0.34 ($0.346 to be exact) becomes realistic. If not, the ADA price risks drifting lower again.

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Hyperliquid beats Coinbase in 2025 notional trading volume

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Hyperliquid rolls out new testnet for prediction markets

Hyperliquid, a decentralized perpetual futures exchange, has quietly overtaken Coinbase in total notional trading volume, marking a major shift in how crypto traders are choosing to trade.

Summary

  • Hyperliquid recorded about $2.6T in notional trading volume in 2025.
  • Coinbase posted roughly $1.4T over the same period.
  • The gap reflects rising demand for on-chain derivatives platforms.

According to data shared on Feb. 10 by on-chain analytics platform Artemis, Hyperliquid processed about $2.6 trillion in notional trading volume in 2025. Coinbase, one of the world’s largest centralized exchanges, recorded around $1.4 trillion over the same period.

Despite Hyperliquid (HYPE) launching only a few years ago and running entirely on-chain, the numbers show that it handled almost twice Coinbase’s trading volume. The milestone has drawn attention across the crypto industry, especially as decentralized platforms continue to challenge traditional exchanges.

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How hyperliquid built its lead

Hyperliquid primarily focuses on trading perpetual futures and derivatives on its proprietary Layer 1 blockchain. Active traders seeking quick execution, cheap fees, and direct access to on-chain liquidity have been drawn to it thanks to its focused approach. 

The platform grew quickly throughout 2025. Daily trading occasionally increased to close to $30 billion, while monthly volumes frequently reached hundreds of billions of dollars. The total value locked increased toward $6 billion, while open interest peaked at about $16 billion.

User growth also accelerated. The platform’s active user base grew from about 300,000 to more than 1.4 million in a year, driven largely by word-of-mouth and product performance rather than heavy marketing.

Fees collected on Hyperliquid are partly used for HYPE token buybacks and burns. This model has helped support long-term interest in the ecosystem. As of early 2026, HYPE is up roughly 31.7% on the year and continues to draw increasing attention from traders.

Coinbase operates very differently. Its higher fees, stricter compliance requirements, and fully centralized model for spot and derivatives trading still make it a key entry point for retail users. However, professional traders are increasingly turning their focus toward alternatives that offer more flexibility and lower costs.

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Coinbase stock is down about 27.0% so far this year, showing how much pressure traditional crypto companies are under in the current market slowdown.

What this shift means for crypto trading

The growing gap between Hyperliquid and Coinbase reflects a change in how users trade. On-chain platforms offer speed and transparency without requiring users to hand over custody, and more traders are getting comfortable using them.

With Hyperliquid, derivatives traders do not need to trust a central operator with their funds. Smart contracts are used to manage risk, and trades settle on-chain. Users who have been wary of exchanges in the past will find this appealing. 

At the same time, Hyperliquid has placed a strong emphasis on user experience. Its user interface is similar to that of large centralized platforms, which makes it easier for new users to get started. Its growth has largely been attributed to this combination of usability and decentralization.

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Momentum has also been boosted by recent developments. The platform is being used to test new products such as outcome-based contracts and limited-risk options. Notable industry figures, like Arthur Hayes, who recently increased the size of his own HYPE holdings, have also taken notice of it. 

But there are still issues. Competition in decentralized derivatives is increasing, and regulators are paying more attention to on-chain trading activity. Aster and Lighter, two rivals, are also expanding their product lines.

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ZachXBT Flags Phantom Chat Risk as 3.5 WBTC Is Stolen

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21Shares Introduces JitoSOL ETP to Offer Staking Rewards via Solana

TLDR:

  • New Phantom Chat feature expands wallet social tools while unresolved address poisoning risks remain active.
  • ZachXBT linked a recent 3.5 WBTC loss to spam transactions that copied trusted wallet address patterns.
  • Address poisoning exploits wallet history displays and can mislead users during routine transfers.
  • Social wallet features may increase exposure to scams if interface protections remain unchanged.

 

Phantom has announced plans to launch a new social feature called Phantom Chat in 2026. The update aims to transform the Solana wallet into a messaging and discussion hub. 

Soon after the reveal, security concerns surfaced about unresolved wallet vulnerabilities. The warnings focus on address poisoning and the risk of user fund losses.

Phantom Chat feature raises address poisoning concerns

Wu Blockchain reported that Phantom unveiled Phantom Chat as part of its long-term product roadmap. 

The wallet compared its vision to Telegram groups and X communities for crypto discussions. Mockup images showed emoji-based group chats designed for real-time interaction.

Phantom already introduced live chat features through its prediction markets integration with Kalshi in December 2025. The new roadmap suggests a broader move toward social tools inside the wallet. The platform currently serves more than 15 million users across its ecosystem.

On-chain investigator ZachXBT responded to the announcement, warning about unresolved address-poisoning risks. He stated that Phantom still does not filter spam transactions from user histories. This allows look-alike addresses to appear among legitimate transaction records.

According to ZachXBT, one user lost 3.5 WBTC last week after copying the wrong address from recent activity. 

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He traced the theft to a transaction created through spam records that mimicked the first characters of a trusted wallet address. He shared the wallet and transaction hashes publicly to document the incident.

Security risks emerge as Phantom expands wallet social tools

Address poisoning occurs when attackers send small transactions from deceptive addresses. These addresses resemble legitimate ones and appear in wallet histories. Users who copy them may unknowingly send funds to attackers.

ZachXBT argued that adding social features without fixing this issue could widen the attack surface. 

He warned that chat-based activity could increase exposure to malicious links and fake addresses. His comments focused on user interface design rather than blockchain flaws.

Phantom’s announcement attracted heavy engagement from memecoin promoters and trading communities. Replies included promotional messages tied to new tokens and groups. This activity highlighted the potential for spam to blend with legitimate discussions.

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Wu Blockchain noted that Phantom Chat positions the wallet as a crypto super app combining trading, social interaction, and market sentiment. The move follows a broader trend of wallets adding communication tools. 

Security researchers have stressed that transaction filtering and address verification remain essential for user protection.

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Ripple Expands Institutional Stack: Will XRP Price React?

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XRP Price Performance

Ripple has announced two new partnerships with Figment and Securosys to expand the capabilities of Ripple Custody, its institutional digital asset custody solution.

It is evident that Ripple is currently in an infrastructure arms race to perfect its payment, custody, and staking services for institutions. However, real-world adoption and price have yet to show signs of a breakthrough.

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Ripple Expands Custody Offering With Figment and Securosys Partnerships 

Ripple said the partnerships are designed to simplify procurement and support faster deployment of custody services for regulated institutions. The move comes shortly after Ripple expanded its custody stack through the acquisition of Palisade and the integration of Chainalysis’s compliance tools.

As part of the partnership with Figment, Ripple will introduce staking functionality. This will allow institutional clients to offer staking services without operating their own validator infrastructure. 

The integration is aimed at banks, custodians, and regulated entities seeking exposure to Proof-of-Stake networks while maintaining institutional security and governance standards.

Through Figment’s infrastructure, Ripple Custody clients will be able to support staking on major networks such as Ethereum (ETH) and Solana (SOL). 

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“By combining Ripple’s enterprise‑grade custody technology with Figment’s secure, non‑custodial staking platform, we’re giving regulated institutions a way to offer staking rewards to their customers on several blockchain networks,” Ben Spiegelman, VP – Head of Partnerships & Corporate Development at Figment, stated.

Separately, Ripple has partnered with Securosys to strengthen the security layer of Ripple Custody. The collaboration adds support for CyberVault HSM and CloudHSM. This gives institutions the option to deploy HSM-based custody either on premises or in the cloud.

According to Ripple, the Securosys integration is designed to address long-standing challenges around HSM adoption. This includes cost, complexity, and slow procurement processes. 

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Ripple also noted that the addition of Securosys expands the range of supported HSM providers on its custody platform. This provides greater flexibility for institutions operating across multiple regulatory environments.

“By integrating our CyberVault HSM with Ripple Custody, institutions gain an out-of-the-box, enterprise-grade solution that can be deployed quickly, without added complexity, while retaining full control over their cryptographic keys,” Robert Rogenmoser, CEO of Securosys, remarked.

Institutional Focus Fails to Lift XRP as On-Chain Activity Cools

As Ripple continues to strengthen its institutional infrastructure, on-chain metrics from the XRP Ledger indicate that adoption remains moderate. According to data from DeFiLlama, XRPL’s total value locked declined from around $80 million in early January to approximately $49.6 million at press time, reflecting softer DeFi activity on the network.

Stablecoin data points to a similarly gradual pace. Based on DeFiLlama figures, the total stablecoin market capitalization on XRPL stands at roughly $415.85 million, suggesting steady but limited growth.

That said, much of Ripple’s institutional strategy is centered on custody, settlement, and permissioned financial use cases, which may not always be reflected in traditional DeFi metrics such as TVL. 

Notably, so far, the expansion of institutional use cases has had a limited impact on XRP’s market performance. 

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XRP Price Performance
XRP Price Performance. Source: BeInCrypto Markets

The asset is down nearly 32% over the past month, broadly tracking the wider market downturn. At the time of writing, XRP was trading at $1.44, down 0.66% over the past day.

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Bitcoin, Ethereum, Crypto News & Price Indexes

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Bitcoin, Ethereum, Crypto News & Price Indexes

Ethereum co-founder Vitalik Buterin’s latest vision for Ethereum’s intersection with artificial intelligence sees the two working together to improve markets, financial safety and human agency.  

In an X post on Monday, Buterin said his broader vision for the future of artificial intelligence (AI) sees humans being empowered by AI, rather than replaced, though he said the shorter term involves much more “ordinary” ideas.

Buterin pointed to four key areas where Ethereum and AI could intersect in the near future: enabling trustless and/or private interactions with AI, Ethereum becoming an economic layer for AI-to-AI interactions, using AI to fulfill the “mountain man” ideal by verifying everything onchain and improving market and governance efficiency. 

Source: Vitalik Buterin

Buterin argued that new tooling and integrations are required for AI use to be truly private, without leaking data or revealing personal identities. 

Private data leaks by large language models (LLMs) have become an increasing area of concern since the rise of AI chatbots. Cointelegraph Magazine highlighted in an article last month that while ChatGPT can give you legal advice, your chat logs can be used against you in court.    

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He pointed to the need for tooling to support the use of LLMs locally on personal devices, utilizing zero-knowledge proofs to make API calls anonymously and improving cryptographic tech to verify work from AI, among other things. 

Buterin also envisions AI becoming a user’s middleman to the blockchain, suggesting that AI agents could verify and audit every transaction, interact with decentralized apps and suggest transactions to users. 

AI verification could be a major boon for crypto and other sectors, with increasingly sophisticated scammers on the rise. Address poisoning scams, just one attack vector, have seen a major uptick since December.

“Basically, take the vision that cypherpunk radicals have always dreamed of (don’t trust; verify everything), that has been nonviable in reality because humans are never actually going to verify all the code ourselves. Now, we can finally make that vision happen, with LLMs doing the hard part,” he said. 

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Adding to that, Buterin sees AI bots being able to “interact economically” to handle all onchain activity for users and make crypto much more accessible. 

He said bots could be deployed to hire each other, handle API calls and make security deposits. 

“Economies not for the sake of economies, but to enable more decentralized authority,” he said. 

Related: Bitcoin miner Cango sells $305M BTC to cut leverage and fund AI pivot

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Finally, Buterin thinks AI can enhance onchain governance and markets if LLMs are used to overcome the limits of human attention and decision-making capacity. 

He said that while things like prediction markets and decentralized governance are “all beautiful in theory,” they are ultimately hampered by “limits to human attention and decision-making power.”