FeesSafety
Pluang+

Cardano aims to add $200M in DeFi value by integrating EVM wallets and simplifying Ethereum bridging.

Protocol Fundamentals
17 Sep 2026
Dailycoin
View Source
Bullish
Cardano aims to add $200M in DeFi value by integrating EVM wallets and simplifying Ethereum bridging.

Cardano's Alpha Growth plans to boost DeFi total value locked by $200 million within a year, focusing on integrating Ethereum-compatible (EVM) wallets and simplifying asset bridging from Ethereum and similar networks. The initiative, backed by 120 million ADA from the Cardano treasury, prioritizes easier onboarding through a shared wallet and incentives for lending and liquidity provision. The strategy targets existing DeFi users on Ethereum-compatible chains rather than dormant ADA holders, aiming to attract liquidity and capital by reducing friction. However, long-term user retention remains a challenge, and the project also explores institutional-grade DeFi features like tokenized treasuries and on-chain credit, while cautioning against liquidity fragmentation.

Cardano's ADA is currently trading at Rp3.577 on Pluang, showing a positive 1-day change of +4.35%. The market cap stands at Rp131.24 trillion with a 24-hour trading volume of Rp7.75 trillion. As of Sep 17, 2026 19:38 WIB, the platform shows a buying interest with 61% of orders being buys and a typical hold time of 126 days.

More News (ADA)

Cardano treasury may invest $5M in tokenized copper, betting on copper prices rising 50% to break even.

Cardano treasury may invest $5M in tokenized copper, betting on copper prices rising 50% to break even.

Toto Finance has proposed that Cardano's community treasury allocate 22 million ADA (about $5 million) to purchase and tokenize copper, represented by a token called CuTT. The copper would be stored in a COMEX-approved warehouse and held for 18-24 mo...

Protocol Fundamentals
Neutral
9 hours ago
Cardano (ADA) dips below $0.22, testing $0.21 support amid weak recovery attempts.

Cardano (ADA) dips below $0.22, testing $0.21 support amid weak recovery attempts.

Cardano (ADA) fell below the $0.22 mark near its 100-day exponential moving average, struggling to rise above its 50-day and 200-day moving averages. The price briefly attempted to break above the 50-day EMA but failed to hold, bringing focus to the ...

Technical Signals
Bearish
15 hours ago
XRP, Solana, and Cardano prices dip, testing key support levels amid mixed EMA signals.

XRP, Solana, and Cardano prices dip, testing key support levels amid mixed EMA signals.

XRP, Solana (SOL), and Cardano (ADA) saw price declines early Thursday, with XRP trading below its four-hour 50-period EMA and ADA below both its 50-day and 200-day EMAs. SOL remained above its 200-day EMA but dipped below its 50-day EMA. These movem...

Technical Signals
Bearish
21 hours ago
Cardano (ADA) falls below $0.22, struggling to break key resistance levels amid weak momentum.

Cardano (ADA) falls below $0.22, struggling to break key resistance levels amid weak momentum.

Cardano (ADA) traded below the $0.22 support level on October 22, failing to close above its 50-day exponential moving average, which stood near $0.228. The next support levels are around $0.21 and $0.17, while resistance levels are at $0.236, $0.24,...

Technical Signals
Bearish
22 hours ago
Cardano registers 100,000 Indian farms on its blockchain to boost farm data transparency and access to finance.

Cardano registers 100,000 Indian farms on its blockchain to boost farm data transparency and access to finance.

Cardano has successfully recorded 100,000 farm parcels in India on its blockchain through the Agricultural Trust Layer project, developed with partners like Syngenta Foundation India. This initiative uses satellite-verified data to create decentraliz...

Protocol Fundamentals
Bullish
22 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App