Cardano Foundation Applies for .ada and .cardano Domains, Price Struggles Below $0.70

Cardano’s latest move to ensure digital identity on the decentralized web has sparked significant excitement in the crypto space. Cardano Foundation officially applied for the “.ada” and “.cardano” domain suffixes — something that could pave the way for trusted Web3 identities rooted in the network’s blockchain.

This is a development that underscores Cardano’s ongoing work to build real-world utility through secure naming services, with the potential to position it as a premier force in decentralized infrastructure. Wider market sentiment is still bearish, with newer blockchain projects like Remittix gaining traction for payment efficiency as well as an audit that has Price Holds Support Against ResistanceDespite the bullish implications of Cardano’s domain expansion, market conditions remain stringent. As revealed by CoinMarketCap community data , ADA has been trading close to $0.64, bolstered by an upward trendline that has so far kept bearish pressure at bay.

Resistance at $0.65 is, however, still strong. Experts point out that a confirmed break above $0.655 could see gains rise to $0.67, while a fall below $0.635 could invalidate the prevailing bullish setup.

Source: HolderState

At the time of writing, Cardano is trading at $0.6482, up 1.76% on the day. Market capitalization for the project stands at $23.24 billion and trading volume at $906.39 million down 6.79% — a sign of moderate short-term uncertainty despite strong fundamentals.

Why the Domain Push Matters for Cardano

The Foundation’s action to register .ada and .cardano domains is a signal of intent to bridge blockchain and Web2 infrastructure so that companies and users can create easily recognizable, blockchain-native addresses.

Approved, these domain suffixes would give Cardano users verifiable digital identities, easy to use for DeFi and NFT transactions. It’s a strategically nostalgic step for Ethereum Name Service (ENS), but one that could go further on the back of Cardano’s layered architecture and governance model.

Experts forecast this move to strengthen Cardano’s position as a network prioritizing compliance and digital sovereignty — a key motivator for enterprise adoption in the next cycle.

Remittix: Real-World Utility Meets Verified Security

As Cardano strengthens its foundation, newer blockchain platforms like Remittix (RTX) are working on creating real-world applications for use in everyday uses in global payments. Remittix is selling at $0.1166 per token and has sold over $27.7 million and more than 681 million tokens so far.

The project recently hit a major milestone as it became completely audited by leading industry blockchain auditor CertiK, taking the #1 spot on CertiK’s Pre-Launch Token leaderboard — a strong vote of confidence from the top blockchain auditor in the space.

Remittix has also announced upcoming listings on BitMart and LBANK, along with an actively tested Remittix wallet beta and a 15% USDT referral program, rewarding users with instant, daily rewards via its dashboard.

As the adoption of blockchain technology gains momentum, certainty and purposeful projects such as Remittix.io illustrate how trust, liquidity, and accessibility can meet to mold the future of digital payment.

Forecast: Prudent Expectation for ADA

Cardano’s stable technical foundation and increasing ecosystem indicate that until the price of ADA is below $0.70, optimism may be revisited if network enhancements and domain approvals pick up momentum.

In the meantime, investors are observing if Cardano can regain its near-term resistance — something that would seal a new bullish trend to the $0.70 area.

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