Ethereum Faces Headwinds, Cardano Eyes Breakout as Cold Wallet Raises $6.3M

Crypto markets are experiencing a shift in focus, with fundamentals taking center stage amidst speculation’s decline. Ethereum (ETH) has seen its price cool down due to validator exits and macroeconomic pressures, contributing to a drop of nearly 5%. Meanwhile, Cardano (ADA) is showing renewed strength, rebounding from $0.92 to near the crucial $1 level as positive indicators signal potential for a breakout. The rise in ADA could push it to new heights, even exceeding the projected $1.50.