Fireblocks and Mastercard Back Cardano as ADA Tests $0.25
Cardano (ADA)
Editor:
Eugene Serbin
cvj.ai reports that Cardano is advancing its institutional push with two major developments. On September 24, Fireblocks announced full support for Cardano Native Tokens, allowing banks and fintechs to custody these assets. This expansion complements the Cardano Foundation's entry into Mastercard’s Crypto Partner Program on September 15.
The partnership targets cross-border payments and stablecoin use, linking ADA to payment rails moving $9.2 trillion annually. Additionally, ADA joined the x402 tool on September 21, enabling AI-driven micropayments on the chain. Scaling efforts continue with the Leios project improving node performance and data handling.
The Fall 2026 Accelerator Program selected eight projects focusing on identity and supply-chain traceability. ADA is currently trading near $0.254, up 14% over the past week. The $0.25 level remains a key psychological resistance level for buyers. A break above could target $0.27 to $0.28, while failure may lead to a retest of $0.23 support.
How the market reacted
Whalio's own Binance spot order flow for ADA, measured when this story was written up on 27 September 2026. Not the outlet's figures.
ADA shows mixed short-term momentum with a 1-hour buy ratio of 54.1%, indicating immediate buying pressure. However, the 4-hour buy ratio drops to 46.2%, suggesting fading interest over a slightly longer timeframe. The 24-hour buy ratio sits at 49.7%, showing a near-even split between buyers and sellers. Volume delta is positive at +$56,504 for the hour but negative at -$489,621 for the 4-hour period. This indicates that recent trades have favored buyers, but cumulative selling has outweighed buying over the last four hours. The 24-hour volume delta is -$241,687, confirming net selling pressure over the full day. Spot volume reached $42,377,245 with 153,632 trades recorded.
The latest daily buy ratio of 45.6% sits at the 5th percentile of the last 322 days, against a median of 49.2% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for ADA, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.5%, making today’s 24-hour reading of 49.7% slightly below normal. Trading volume is at 0.78x the weekly average, indicating a quieter day than usual. The coin saw a price increase of 11.5% over the eight-day period. Total volume delta for the week was +$2,929,904, showing net buying over the longer term. Only four of the seven days showed net buying, suggesting inconsistent upward momentum. This day represents a slight deviation from the weekly average in both sentiment and volume.