Will Cardano Domain Names Save ADA Price From Critical Drop?

ADA price is under significant pressure, with Cardano crypto trading near $0.62 amid a wider crypto pullback and weak altcoin sentiment. Recently, the Cardano Foundation announced plans to apply for the generic top-level domains (gTLDs) “.ada” and “.cardano” in a bid to strengthen digital identity, branding, and Web2-to-Web3 integration. But while this is a strategic.. The post Will Cardano Domain Names Save ADA Price From Critical Drop? appeared first on 99Bitcoins.

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Oct 23, 2025 - 21:00

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Will Cardano Domain Names Save ADA Price From Critical Drop?

ADA price is under significant pressure, with Cardano crypto trading near $0.62 amid a wider crypto pullback and weak altcoin sentiment. Recently, the Cardano Foundation announced plans to apply for the generic top-level domains (gTLDs) “.ada” and “.cardano” in a bid to strengthen digital identity, branding, and Web2-to-Web3 integration.

But while this is a strategic move, the question remains: can this domain initiative really rescue the ADA price from a deeper drop?

What Are the “.ada” and “.cardano” Domains and How Might They Affect ADA Price?

The Cardano Foundation plans to apply for the “.ada” and “.cardano” gTLDs through the Internet Corporation for Assigned Names and Numbers (ICANN), aiming to operate domains like “yourname.ada” or “projectname.cardano”. The estimated one-time cost is around $700,000, plus approximately $350,000 annually, fully covered by the Foundation (not via treasury funds).