Cardano shows signs of consolidation, trading below $0.260 after an 11% gain the previous week. Mixed derivatives and on-chain metrics point to caution among traders. Meanwhile, the technical outlook suggests bullish sentiment remains, but ADA’s near-term direction remains uncertain. Derivatives data shows a mixed and cautious outlook among Cardano traders.

NEAR Protocol’s native token climbed above $5 extending a sharp multi-week rally as progress on a proposed Bitwise exchange-traded fund coincided with growing activity across the network’s ecosystem. The US Securities and Exchange Commission declared Bitwise’s registration statement for the NEAR ETF effective, clearing a key regulatory step for the proposed product.