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Cardano staking hits 57.6% as ADA price consolidates near $0.17 with potential bullish breakout ahead.

Protocol Fundamentals
12 Nov 2026, 17:32 WIB
Dailycoin
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Bullish
Cardano staking hits 57.6% as ADA price consolidates near $0.17 with potential bullish breakout ahead.

Cardano's staking participation has reached 57.6% of its circulating ADA supply, reflecting strong network security and holder commitment despite ADA trading near multi-month lows around $0.17. The Cardano Foundation highlights that staked ADA supports block production and network resilience, with liquid staking allowing holders to retain control of their tokens. Technical analysis suggests a falling wedge pattern on the 15-minute chart, indicating a possible bullish breakout above $0.176 that could push prices toward $0.18–$0.195 in the short term. Longer-term targets include $0.50 if market conditions improve and network activity grows.

Cardano's staking interest remains strong even as its price faces downward pressure. On Pluang, ADA trades at Rp3.082, down 4.85% over the past day as of Nov 12, 2026 22:52 WIB. The platform shows a market cap of Rp113,09 trillion and a 24-hour trading volume of Rp4,58 trillion, with buyers slightly outnumbering sellers at 54% to 46%.

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