Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Cardano News Today: Cardano's Chain Split Sparks Debate Over PoS Resilience

Cardano News Today: Cardano's Chain Split Sparks Debate Over PoS Resilience

Bitget-RWA2025/11/27 00:31
By:Bitget-RWA

- Cardano (ADA) faces a critical chain split on Nov. 21, exposing PoS vulnerabilities and disrupting exchanges like Coinbase for 14 hours. - Co-founder Charles Hoskinson blamed a disgruntled stake-pool operator, with FBI involvement, while emphasizing natural consensus restored network unity. - ADA's price fell to $0.39 from $0.47, trading below Ichimoku Cloud with bearish indicators (CMO -75.33) and key resistance at $0.75. - Despite 9.6% social dominance, weak altcoin season and Bitcoin dominance limit A

Cardano (ADA) is at a pivotal point as it attempts to regain its $1 liquidity area, a milestone that could either restore investor optimism or lead to further price consolidation. The asset has recently experienced heightened volatility, largely due to a notable chain split on Nov. 21, which has kept ADA trading within a narrow band. Bulls must overcome significant resistance to restore upward momentum. This disruption was caused by a purposely constructed transaction that took advantage of a long-standing vulnerability in the node software,

into two separate chains, sparking concerns about Cardano’s robustness and governance. Charles Hoskinson, who co-founded Cardano, as the work of a dissatisfied stake-pool operator and mentioned that the FBI is now involved in the investigation.

Although the chain split was resolved quickly, it

and DeFi platforms. Coinbase, for example, halted transactions for almost 14 hours to ensure the ledger’s accuracy. The network eventually reached consensus naturally within a few hours, but the event highlighted potential weaknesses in proof-of-stake models, especially under unanticipated conditions. that Cardano’s recovery without centralized intervention demonstrates its architectural strengths, though the episode has increased concerns about its future reliability.

Cardano News Today: Cardano's Chain Split Sparks Debate Over PoS Resilience image 0
From a technical standpoint, ADA’s price trend remains negative, with the token on Nov. 20 to a low of $0.39 the following day. The 24-hour price range between $0.4065 and $0.4274 reflects indecision, further emphasized by declines of 10.5% over the past week and 26.1% over the past month. as a crucial metric, noting that ADA is currently trading below the cloud, with the Tenkan-sen ($0.59) and Kijun-sen ($0.65) forming a bearish crossover. To reverse the trend, ADA must surpass the $0.75 resistance within the cloud; if not, the price could slide further toward the $0.29 support level.

The Chande Momentum Oscillator (CMO) also signals a bearish outlook,

which points to weak buying pressure. Nevertheless, Cardano’s social presence—at 9.6% compared to XRP’s 2.9% and Solana’s 1.55%—indicates a strong community that might fuel sentiment-driven rallies. , with the Altcoin Season Index at 23, indicating a “Bitcoin Season” and restricting altcoin momentum.

For ADA to challenge the $1 liquidity mark, it first needs to clear the $0.75 barrier and maintain levels above the cloud. A decisive breakout could bring in institutional investors and renew interest in Cardano’s ecosystem, especially as on-chain activity and social engagement remain high.

the bearish outlook could intensify, possibly driving ADA to new multi-year lows.

As the cryptocurrency market looks for direction amid macroeconomic uncertainties—such as Federal Reserve actions and inflation reports—Cardano’s future will depend on its ability to combine technical strength with community support. For now, the $0.75 level is the key battleground for bulls, and its outcome will be crucial for ADA’s trajectory in the months ahead.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Bitcoin Updates: IMF Warns of Widespread Risks Amid Growing Popularity of Tokenized Finance

- IMF highlights tokenized finance's efficiency gains but warns of systemic risks like smart contract interdependencies and liquidity vulnerabilities. - Upcoming Chainlink ETFs signal growing institutional adoption, with Grayscale and Bitwise advancing regulated exposure to $100B+ oracle network assets. - Analysts predict over 100 new crypto ETFs in six months, but XRP's 18% price drop underscores market volatility despite regulatory approvals. - IMF anticipates regulatory frameworks to address cross-platf

Bitget-RWA2025/11/28 12:20
Bitcoin Updates: IMF Warns of Widespread Risks Amid Growing Popularity of Tokenized Finance

South Korea's Revamped AML Framework: Is It Possible to Balance Security with Innovation?

- South Korea's FSC overhauls AML rules to tighten crypto transaction oversight, targeting transfers under $680 and expanding pre-emptive freezes. - The crackdown follows Upbit's $30M hack linked to North Korea, prompting tax authority raids and blockchain tracking for evasion cases. - AI-powered monitoring flagged 200 suspicious accounts in 2 months, balancing automation with manual audits to detect illicit patterns. - Global enforcement remains fragmented as South Korea pushes stricter VASP registration,

Bitget-RWA2025/11/28 12:20
South Korea's Revamped AML Framework: Is It Possible to Balance Security with Innovation?

"Privacy or Compliance: The Trust Challenge for Crypto in Payments and DeFi"

- Economist Saifedean Ammous critiques crypto privacy tools like Houdini Pay, arguing centralized compliance models undermine true cryptographic anonymity. - Houdini Pay's "compliant privacy" retains metadata (wallets, IPs) despite hiding onchain addresses, contrasting with zero-knowledge solutions like zkBob. - Balancer's $116M 2025 hack exposed vulnerabilities in audited DeFi protocols, highlighting risks in complex financial primitives like stable pools. - The crypto industry faces a trust dilemma: bala

Bitget-RWA2025/11/28 12:20
"Privacy or Compliance: The Trust Challenge for Crypto in Payments and DeFi"