Bullish signals for Solana, coupled with LSEG's blockchain platform launch, indicate growing institutional interest and wider adoption. A Bitcoin surge above $115,000 could potentially lift the entire market. However, Cardano (ADA)'s technical indicators remain neutral, and a declining ETH/BTC ratio suggests potential concerns for altcoins. Overall, the market exhibits a neutral bias.

・Solana (SOL) Sees Bullish Signal Despite Overbought Conditions, Echoing Past 1,300% Rally Despite the SuperTrend indicator suggesting overbought conditions, Solana (SOL) has reconfirmed a bullish signal that historically accompanied a 1,300% price surge. This suggests growing institutional interest in the Solana ecosystem. Notably, the establishment of a $500 million Solana treasury by Helius (Article 5) and Galaxy Digital's $306 million Solana purchase (Article 17) demonstrate confidence in the platform's future potential. These developments increase expectations for Solana's technological advantages and utility, potentially exerting an indirect but positive influence on ADA's price. The expansion of the Solana ecosystem may also attract developers and capital inflow towards the Cardano ecosystem. ・London Stock Exchange Launches Blockchain Platform for Private Funds The London Stock Exchange Group (LSEG), in partnership with Microsoft, has launched a blockchain-based platform targeting private funds (Articles 2, 16). This signifies a move by traditional financial institutions towards practical blockchain adoption, contributing to the tokenization of digital assets and streamlining post-trade settlement efficiencies. Such initiatives could enhance the overall credibility of the cryptocurrency market and further encourage institutional investor participation. From the perspective of scalability and sustainability, Cardano (ADA) might also find opportunities for integration with similar platforms or adoption as foundational technology. ・Bitcoin Core Default Minimum Relay Fee Reduced by 90% An update to Bitcoin Core has led to a 90% reduction in the default minimum relay fee for transactions (Article 3). This implies a decrease in the cost of economic fund transfers on the Bitcoin network, enabling more efficient transaction processing. This change raises expectations for improved cost-efficiency across blockchain technology overall and could provide insights for other blockchain platforms like Cardano regarding fee structure optimization and scalability enhancements. It potentially lowers transaction costs for ADA as well, serving as a factor to boost its adoption. ・Polkadot (DOT) DAO Approves Capping DOT Supply at 2.1 Billion Tokens The Polkadot DAO has approved a proposal to cap the maximum supply of DOT at 2.1 billion tokens (Article 8). This move aims to control the inflation rate and stabilize the token economy, bolstering expectations for DOT as a long-term store of value. Such evolutions in tokenomics may prompt other blockchain projects, including Cardano, to consider supply management and inflation control strategies. ADA's sustainable supply management strategy could be a key element in supporting its long-term value. ・SEC Chair Pledges Notification Before Enforcement Actions Against Crypto Firms The Chair of the U.S. Securities and Exchange Commission (SEC) has indicated a policy shift towards providing notification to crypto firms prior to initiating enforcement actions (Article 11). This suggests the SEC's regulatory approach is transitioning from a traditional "enforcement-first" stance to one emphasizing greater transparency and predictability. This change could stabilize the regulatory environment for the broader U.S. crypto industry, enabling more predictable business operations for institutional investors and developers. Such increased transparency may positively influence Cardano's relationship-building efforts with U.S. regulators. ・Bitcoin (BTC) Achieves Weekly Close Above $115,000, Suggesting Path to $120,000 Analysts suggest that Bitcoin (BTC) has achieved a weekly close above $115,000, indicating a potential path towards $120,000 (Articles 9, 27). This reflects a bullish sentiment across the broader market, and Bitcoin's price action influences other altcoins, particularly ADA. Bitcoin's strong performance could drive capital inflows into the overall cryptocurrency market, potentially contributing to ADA's price appreciation. ・Monero (XMR) Experiences 18-Block Chain Reorganization, Raising Community Concerns An 18-block chain reorganization occurred on the Monero blockchain, raising concerns within the community (Article 23). This indicates a potential risk to network security and could impact trust in the robustness of decentralized networks. Such security incidents risk undermining overall market confidence, potentially subjecting other projects like ADA to closer scrutiny regarding their security measures and resilience. ・Ethereum (ETH) / Bitcoin (BTC) Ratio Remains Below 0.05 The ETH/BTC ratio has continued to trade below 0.05 (Article 26). This suggests Ethereum is underperforming relative to Bitcoin, which could affect capital allocation towards altcoins in the broader market. While overall altcoin market sluggishness might impact ADA's price, Ethereum's relative underperformance could also present an opportunity for ADA to leverage its strengths and capture market share. Overall Summary Overall, bullish signals for Bitcoin and accelerating institutional entry into the crypto market are contributing to positive sentiment across the cryptocurrency space. Significant capital inflows into Solana and the launch of the LSEG blockchain platform indicate broader practical adoption and enhanced credibility for blockchain technology. Conversely, a security incident involving Monero has highlighted concerns regarding network robustness. These trends suggest that while ADA stands to benefit from overall market growth, the importance of security and technological superiority is underscored.

Monero reorganizations amplify concerns about security risks within decentralized networks. ADA's critical support level stands at $1.00; breaking below this threshold heightens downside risk. While the SEC's increased transparency is positive, regulatory developments remain a source of market volatility. Furthermore, weakness in the ETH/BTC ratio could serve as a headwind for the broader altcoin market.

**Short-term (24-48 hours):** Expect limited price movement, supported by neutral technicals. If Bitcoin maintains its momentum, ADA could follow suit. **Mid-term (1 week):** Fundamentals related to LSEG and Solana may act as catalysts, potentially boosting interest in the ADA ecosystem. However, the weakness in the ETH/BTC ratio could serve as a headwind for altcoins overall.

ADA is currently supported by a positive market environment, driven by Bitcoin's robust performance and increasing institutional adoption of blockchain technology. However, technically, it remains in a neutral, range-bound market. Both the RSI and MACD indicate no clear trend, suggesting limited momentum for ADA itself. Positive fundamentals are evident in developments like Solana and the London Stock Exchange (LSEG), which suggest the practical implementation of blockchain technology and, consequently, indirect benefits for platforms such as ADA. Conversely, the Monero security incident raises general concerns about network robustness, and the sluggish ETH/BTC ratio could impact overall capital allocation within the altcoin market. Overall, ADA's short-term outlook is neutral, while its medium-term upside potential is heavily influenced by broader market sentiment, particularly Bitcoin's trajectory. A cautious approach is recommended, maintaining positions within the current range around $1.00. Investors should closely monitor whether ADA achieves a clear breakout above the $1.10 resistance level or falls below $0.95. A move above $1.10 would signal a resumption of the bullish trend, targeting $1.20. Conversely, breaking below $0.95 increases the risk of further downside and should serve as a stop-loss point. For risk management, it is crucial to continuously monitor key Bitcoin price levels (e.g., $115,000-$120,000), specific development updates from the Cardano ecosystem, and regulatory actions. The current market environment calls for prioritizing disciplined position building and robust risk management over chasing immediate gains. ADA's inherent technical strengths and the potential for wider adoption remain significant; patiently waiting for optimal entry points could lead to reaping the benefits of long-term growth.