Charles Hoskinson, Cardano’s cofounder, just dropped some big updates in a recent interview with CoinDesk Japan. When asked about the market, he said Cardano has been working directly with the U.S. Senate Banking Committee on two major bills, the Genius Act and the Clarity Act. The Genius Act focuses on stablecoins, aiming to set clear rules for how they can safely expand. The Clarity Act goes even deeper, defining what counts as a commodity and what counts as a security, with the SEC and CFTC leading the rule-making.
Both could reshape the crypto space, and Cardano’s involvement in those talks is massive news. But the biggest part came when Hoskinson mentioned SpaceX. He said they had early discussions and agreed to revisit talks in 2026. The issue for now is that Cardano’s current tech stack does not yet meet SpaceX’s requirements. Looking ahead, both sides plan to return to the table after seeing how the Clarity Act develops, something SpaceX is watching closely. He also shared that Cardano has multiple launches planned this year, with its sidechain “Midnight” getting a lot of attention as demand for on-chain privacy keeps growing.
ADA Price Prediction: Can Cardano Hit $1.00 Again?
ADA’s price has dropped into a key demand zone, the same area where it bounced multiple times before. If it stays above $0.50, there’s a solid shot at seeing a move back towards the $0.70-$0.80 range. With RSI sitting near 54, momentum still looks decent, and a clean hold here could kick off ADA’s next recovery leg. But if it falls below $0.50 again, that would ruin the setup and likely trigger another drop. For now, this zone is where dip buyers and sellers are battling it out.