Cardano price surges 7% on Jan. 2, hitting $0.36 levels after a 20% drop in December. Founder Charles Hoskinson commits to deep focus in 2026, signaling optimism for investors.

On-chain and derivative data points improve, showing rising bullish interest in Cardano. Whale activity increases in spot and futures markets, hinting at a potential bullish breakout.

Cardano’s funding rate data suggests an upside move, with fewer traders expecting downside. Long positions pay shorts, indicating a positive sentiment shift on Jan. 1 and 2.

Cardano price trades in a falling wedge pattern, eyeing a breakout to $0.42. RSI flirts at 43, while MACD confirms a bullish crossover, presenting a cautiously optimistic outlook for the asset.

Founder Charles Hoskinson doubles down on focus for Cardano after successful launch of Cardano Midnight network in December 2025. Strategic vision shift to privacy-focused sidechain, Midnight, aims for mass adoption by 2030.

Read more at Yahoo Finance: Cardano Price Shoots 7% amid Strong ADA Whale Orders