Analysts Expect Cardano (ADA) to Rise by 1000% to $7
Bullish Predictions
Some on-chain analysts expect ADA to reach $7, which equates to a tenfold gain.
Catalysts
Upcoming factors include the upcoming 'Vasil' hard fork upgrade, the growth of decentralized finance (DeFi) activities and non-fungible tokens (NFTs) on Cardano, and increased institutional interest.
Risks and Uncertainties
Some experts warn that market volatility and delays in updates may limit the expected rise