Hoskinson keeps repeating that NIGHT will not replace Cardano. What investors are seeing instead is ADA dropping below $0.35 for the first time in over a year.
“It’s built to expand ADA’s ecosystem, not replace it” is how Hoskinson describes the Midnight chain. However, this is crypto, and a new shiny thing always attracts attention, so it will definitely pull some volume.
According to CoinMarketCap, the NIGHT token has done over $1.5B in volume over the last couple of days. That is nearly two times Cardano’s volume, which is sitting around $400M.
This does not define the full picture, but it does show there is an impact, at least in the short term.
Cardano Price Prediction: Can the ADA Price Break the $0.36 Resistance This Christmas?
Source: ADSUSD / TradingViewTo confirm a bullish rebound, ADA needs to break and hold above the $0.36 level in the short term. If it does, the next clear resistance sits at $0.38, where price has already failed twice over the past week.
A move down toward the $0.30 zone is still possible if this level fails to break. The RSI is around 40 and not yet oversold, which leaves room for that scenario to play out.
As long as the previous low near $0.27 is not broken, the bullish setup remains possible heading into the new year.
If Night Replaced Cardano, Could ($HYPER) Replace Bitcoin?
Bitcoin was supposed to be slow, secure, and untouchable. But in 2025, speed and utility matter more than ever. That is where Bitcoin Hyper ($HYPER) comes in.
Bitcoin Hyper is a next generation Layer 2 built to unlock what Bitcoin has been missing: fast transactions, ultra low fees, and real on chain utility. Using Solana style high throughput architecture, Hyper lets BTC move at lightning speed while keeping Bitcoin’s security at the core.
Through the Hyper Bridge, users can move BTC onto the Hyper network and instantly receive a 1:1 representation with near instant finality. From there, Bitcoin holders can finally access DeFi, staking, payments, NFTs, and high yield opportunities without leaving the Bitcoin ecosystem.
The market is already paying attention. Bitcoin Hyper has raised over $29.7M so far, with early buyers locking in staking rewards currently offering up to 39% APY.
As Bitcoin consolidates and altcoins fight for attention, Bitcoin Hyper is positioning itself as the cleanest way to scale BTC without changing its base layer.
Visit the Official Bitcoin Hyper Website HereThe post Cardano Price Prediction: Can the ADA Price Break the $0.36 Resistance This Christmas? appeared first on Cryptonews.
