Cardano (ADA) Futures Volume Hits Record $6.96B 5-Month High, Analyst Eyes $1.10 Breakout

Cardano futures volume reached $6.96 billion for the first time in the past five months. ADA’s price is set to break out of a bullish triangle. A crypto analyst predicts $1.10 target for ADA soon. Cardano (ADA) attracted investors’ interest after its futures volume reached $6.96 billion for the first time in the past five months. The latest development triggered bullish sentiments around the cryptocurrency, with analysts pointing to a technical setup that could be a prelude to a major price breakout. An analyst’s perspective on developments around ADA Ali Martinez, one such analyst who identified a bullish technical setup for Cardano, believes the surge in ADA futures volume could trigger a bullish breakout from a symmetric triangle and push ADA’s price toward $1.10. In his latest post on X, Martinez used a graphical representation of Cardano’s price behavior to reveal his expectations. Cardano $ADA could be breaking out of a triangle, eyeing $1.10. pic.twitter.com/pxQ2Y2WI2H — Ali (@ali_charts) August 17, 2025 It is worth noting that crypto traders and investors consider the surge in ADA futures volume an isolated bullish signal. Com… The post Cardano (ADA) Futures Volume Hits Record $6.96B 5-Month High, Analyst Eyes $1.10 Breakout appeared first on Coin Edition .