ADA Tests $0.24 As Foundation Reports 45% Asset Drop

• ADA trades at $0.2428, up 0.66%, sitting on the 0.236 Fibonacci level at $0.2431 with MACD flat at zero.
• Cardano Foundation total assets fell 45% to $361M in 2025, reflecting ADA’s price decline rather than a change in holdings strategy.
• Grant Thornton Switzerland recorded its audit opinion directly on the Cardano blockchain, a first for any major foundation.

ADA trades at $0.2428 on April 3, sitting directly on the 0.236 Fibonacci support as the Cardano Foundation’s 2025 annual report lands with a 45% drop in total assets. The decline is a price story, not a structural one, and buried inside the report is something more significant: the first time an auditor has recorded its opinion on-chain.

ADA Holds The Fibonacci Floor As MACD Stalls

ADA has been grinding inside a descending channel since the March 18 high at $0.2980, and the 0.236 Fibonacci at $0.2431 has held as a floor through multiple tests this week. All four EMAs are declining overhead between $0.2428 and $0.2622, and the MACD reads exactly zero on the 4h, a complete stall in momentum after weeks of selling pressure.

The 0.382 Fibonacci at $0.2495 is the first level worth reclaiming. A 4h close above it clears the immediate EMA cluster and puts the 0.5 level at $0.2546 in range. Losing $0.2431 opens the grid base at $0.2328, and below that the February low at $0.2200 becomes the reference.

Key levels:

• 0.236 Fib support: $0.2431
• 0.382 Fib resistance: $0.2495
• 0.5 Fib target: $0.2546
• Grid base: $0.2328
• February low: $0.2200

Foundation Assets Down 45%, But The Balance Sheet Is Better Than It Looks

The Cardano Foundation’s total assets fell to $361M at year-end 2025, down from $659M in 2024. The foundation held 561M ADA, down from 599M, and Bitcoin dropped from 1,054 BTC to 656 BTC, with part of those holdings moved deliberately into loans and investment schemes to avoid forced crypto sales during downturns.

Cash and financial assets now make up 25.5% of total holdings, up from 8.3% a year ago, giving the foundation more than a year of operational runway without liquidating crypto. Grant Thornton Switzerland recorded its audit opinion directly on the Cardano blockchain through the foundation’s Reeve platform, combining traditional statutory auditing with on-chain verification for the first time. The report also disclosed the first-ever Cardano treasury withdrawal, with 6M ADA budgeted for the Cardano Summit and 2.8M ADA spent on the Berlin event.

ADA Derivatives: No Conviction In Either Direction

Volume fell 29.41% to $706.94M with OI down 0.73% to $379.62M, both declining together as traders reduce exposure rather than add positions. 

The long/short ratio is essentially neutral at 1.0028, and 24h liquidations were nearly balanced at $250.84K longs against $227.19K shorts. With options volume at just $6.59K, the derivatives market is not pricing in a directional move either way in the near term.

Cardano Price Prediction: Key Levels For April 4

• Upside: Close above $0.2495 on the 4h and the EMA cluster gives way. The 0.5 Fibonacci at $0.2546 becomes the next test, with $0.2598 above that. Foundation report transparency and the on-chain audit milestone give ADA a credibility case that could attract institutional attention as April progresses.
• Downside: Lose $0.2431 and the grid base at $0.2328 opens quickly given the flat MACD and weak derivatives positioning. The February low at $0.2200 follows if that level fails.