On May 12, 2025, XRP/USD formed a bearish flag pattern within the each day table. This pattern appears when a brief -term upward channel forms after a pointy downward movement and infrequently signals that the value drops back in the identical direction.
Cardano (ADA) Bearish flags pattern – the potential waste to $ 0.51. Source: tradingview.com
If this bearish flag breaks under the lower trend line, this could confirm the pattern. In this case, XRP could fall by almost 40% of its current price of $ 2.47, which goals on the zone of USD 1.48 to 1.50. This level corresponds to the peak of the previous downward trend before the flag was formed.
At the identical time, XRP is fighting to maintain $ 2.40. The volume has dropped, which regularly occurs throughout the formation of the flag. When the quantity speaks during a breakdown, this might strengthen the bear.
In the meantime, the relative strength index (RSI) is 64. This shows that the token has not yet been overbought, but has also to fall space. The 50-day exponential sliding average (EMA) is $ 2.23 and might act as short-term support. If XRP breaks under this EMA, it could speed up the drop.
Dealers are currently observing the lower trend line near USD 2.40. If XRP closes with a powerful volume under this line, the Bärische Flag can trigger further losses.
Cardano changes its development approach
Cardano changes the way it grows. On May 10, 2025, Charles Hoskinson said that the blockchain would switch to a faster and more open development model. The aim is to speed up upgrades and at the identical time keep the platform protected.
Charles Hoskinson confirms Cardanos Agile shift in 2025. Source: X/@iohk_Charles
The latest model will work more precisely with core teams outside of the developers. Smaller, flexible groups equivalent to Aiken and Midgard will now join the method. At the identical time, Cardano will proceed to use formal methods by the verification team from Input Output.
Before this modification, Cardano focused on safety at speed. It used strict rules and long -term planning. While this made the blockchain very protected, it also slowed down the event and limited external contributions.
Hoskinson admitted that early developers had avoided appointments and thoughts in relation to many years. This helped in the primary few years, but later led delays.
Smaller teams will help to speed up growth
Now Cardano will use each speed and security. Smaller teams work on updates, and the formal group checks the standard of the code. Hoskinson said that Cardano Cardano can adapt to latest needs and grow faster.
“In 2025 we opened this with small agile teams equivalent to Aiken and Midgard expanded ecosystem and at the identical time maintain the knowledge, experience and strict with IOR and our formal method group with AGDA. We also see various customers who see the assumptions, designs, designs and features of preparing previous teams, for brand new protocols and our advances and our progress and our progress and our progress and our progress and our progress to query our progress and progress.
he said.
“The team didn’t want deadlines that targeting the purity of the practice and thinks about years and many years. This benefited us enormously in an age of uncertain practices, made it to grow and thrive.”
Hoskinson also said that not everyone will welcome the changes. Some in the neighborhood prefer the old method. Nevertheless, he believes that this latest approach for Cardano is needed to stay relevant.
“There are times after I miss the old days. But the brand new days are crammed with even greater opportunities and exciting latest skills. That is the sort of great products and projects.”
he added.
Team changes after upgrade delay
The shift has already caused internal changes. Some developers were removed after attempting to delay the Leios upgrade to 2028. Hoskinson has made it clear that such delays are not any longer permitted.
Jeff Watson, engineering director at Input Output, confirmed that latest contractors are actually being hired from the Cardano ecosystem. These latest employees will contribute to promoting the Leos prelistering.
“We are within the technique of hiring latest contractors via the Cardano ecosystem, provider with existing networking know -how. For onboarding, it takes a while, but that is inside an appropriate timeframe,” said Watson.
Jeff Watson Details Cardano Contractor Plans and Leio's progress. Source: X/@GPW5150
Competitors like Ethereum quickly push up upgrades to remain competitive. Cardano is now doing the identical – focused faster updates and retains its popularity for protected code.
Cardano founder teases free NFT transactions when upgrading midnight
Charles Hoskinson recently announced in an interview that the upcoming midnight -Ideal -Idechain can possibly enable users to perform free transactions with NFTs. These NFTs would behave like access passes and provides the owners an outlined variety of free transactions daily. Instead of using ADA for payment fees, users can easily hold a special NFT and perform each day transfers freed from charge. Hoskinson compares this to free account models utilized by Web2 platforms.
Charles Hoskinson points out free NFT-based transactions. Source: @minswapap on x
The midnight -Sidechain continues to be in development and there is no such thing as a confirmed start date. However, the commitment of the community grows through hackathons and developer interest. According to Midnight from March 2025, “State of the Network”, 12% of the users identified as blockchain developers stated that 39% stated that they were “experienced professionals”, and 46% had some experience. Only 15% still learned.
Midnight goals to mix privacy and compliance using tools equivalent to zero-knowledge-proofs and intelligent contracts.
