#Cardano Foundation Announces Strategic Partnership with SERPRO -- the world's largest state-owned IT company.
This collaboration brings Cardano’s blockchain to Brazil’s government infrastructure, enhancing security, transparency, and digital service efficiency for millions.
Cardano will integrate with BitcoinOS in 2025, opening a $1.5 trillion market opportunity. This integration is expected to enhance liquidity within Cardano’s decentralized finance ecosystem, potentially driving an increase in total value locked.
$ADA appears to be undervalued based on its Market Value to Realized Value. Data from IntoTheBlock shows the MVRV has dropped from a high of 1.90 earlier this month to 1.30.
Cardano has remained above the 100-day Exponential Moving Average and the 50% Fibonacci Retracement point. Therefore, the outlook for the ADA price is bullish, with the initial target being at the year-to-date high of $1.326, followed by the psychological point at $2.