Hoskinson Predicts Record-Breaking RealFi, But ADA Struggles to Hold Key Support

Cardano's ADA token is currently testing its last line of support at $0.1618, the 0.236 Fibonacci level, after failing to hold the triangle that had been compressing since mid-July.

Hoskinson named RealFi as Cardano's most likely product to reach $1B in TVL within 12 months during a recent AMA, citing its operational independence and John O'Connor's on-the-ground microfinance experience across Africa.

The volume surged 159.01% to $504.87M as ADA pressed the last Fibonacci support before the June low, with longs absorbing $2.80M in liquidations over 24 hours.