Core Insights - Cardano's ADA price is currently around $0.35, down approximately 60% year-to-date, despite significant infrastructure upgrades being rolled out [1] - The launch of Midnight, Cardano's privacy-focused sidechain, has generated strong demand and is valued near $1 billion [2] - Interoperability rumors have emerged, with Ripple's CTO acknowledging Midnight's design, indicating potential cross-chain collaboration [3] Price and Market Dynamics - ADA is currently trading between $0.35 and $0.38, with technical indicators showing a lack of buying momentum [4] - If ADA fails to maintain the $0.34 support level, the positive narrative surrounding upgrades and Midnight may not have an immediate impact [5] - Development continues for Cardano, but overall buying momentum for ADA remains weak, suggesting challenges ahead as 2026 approaches [6]