Cardano Inu and Related Market Developments – 11 December 2025

Cardano Inu (ADANIGHTNYLA) is a token that has experienced significant volatility in the last few days. The asset’s most recent close price, recorded on 8 December 2025, was $0.0000300913 per unit, barely above its 52‑week low of $0.0000294421. In contrast, the 52‑week high reached $1.16367 on 16 January 2025.

Immediate Price Movements

  • On 9 December 2025, the Midnight Network’s NIGHT token, which serves as the governance token for Cardano’s privacy‑focused sidechain, rallied almost 200 % within 24 hours, reaching a market cap above $1.2 billion and generating more than $320 million in trading volume. This surge made the token the most‑trending asset on CoinGecko and CoinMarketCap.
  • The following day, 10 December 2025, the NIGHT token experienced a sharp correction, falling 89 % after the launch airdrop, and was trading around $0.050 at market close. This decline coincided with a 6 % drop over the past 24 hours.

Cardano (ADA) Market Context

  • ADA’s price has fluctuated in tandem with the NIGHT token’s performance. On 10 December 2025, ADA gained 10 % after breaking a multi‑week descending resistance line, a move attributed to the successful launch of the Cardano Midnight network.
  • Subsequent to this rally, ADA saw a 5 % decline on 11 December 2025, breaking the local resistance trendline. Derivatives data indicated a bearish shift, with open interest and the number of active long positions falling.
  • Despite this bearish signal, ADA absorbed a significant whale inflow on 11 December 2025, with 750 million ADA entering Binance. The influx helped the token challenge key liquidity zones and mitigate the pressure from the broader market downturn.

Broader Market Conditions

  • The crypto market entered a negative trend on 10 December 2025, triggered by expectations surrounding the Federal Reserve’s upcoming meeting. Bitcoin fell 2.29 % to $92,166, Ethereum slid 1.03 % to $3,355, and XRP dropped 4.95 % to $2.06. Other major tokens such as Solana, Dogecoin, and Binance Coin also experienced declines.
  • These market-wide downturns set the stage for the volatility observed in Cardano Inu and the associated Midnight Network tokens.

Summary

Cardano Inu remains highly sensitive to developments within the Cardano ecosystem, particularly the performance of the Midnight Network’s NIGHT token. Recent events show a pattern of rapid price escalation followed by sharp corrections, mirroring the broader crypto market’s reaction to macroeconomic signals and internal project milestones. The current price level, close to the 52‑week low, suggests that further downside risk exists, while the underlying Cardano network’s continued activity—such as the launch of Midnight and subsequent whale inflows—could provide support for a potential rebound.