Key story highlights
Cryptocurrency analyst Ali Martinez points out that the coin $ADA
It could drop to $0.47 before rising significantly towards the one-dollar level.
The chances of the Cardano Exchange-Traded Fund (ETF) (#ETF ) are rising to 76%, which could attract more institutional investors to ADA.
The #كاردانو leads the positive sentiment charts, with over 90% of votes showing strong confidence from investors.
Cardano ($ADA ) is regaining its momentum, and traders are asking an important question: Can it surpass the one-dollar level this year? After a long period of decline, some analysts now believe that ADA may be gearing up for a big rally - but not before a potential drop.
Here's why Cardano is likely to reach the one-dollar level.
Cardano may reach the one-dollar level, but!
According to renowned cryptocurrency analyst Ali Martinez, Cardano has been stuck in a downward price channel for most of 2025. Currently, it is trading around $0.56. However, based on Martinez's chart, there is a possibility that the price $ADA could decline towards $0.47 - a key support area before it recovers.
However, if ADA maintains this level and gains strength, Martinez believes the price could rise again towards one US dollar in the coming months.
A bigger breakout to $2.60?
Adding to the excitement, cryptocurrency trader Smith highlighted a pattern forming on the Cardano chart resembling a previous breakout, which gave ADA a 240% boost.
If history repeats itself, he says that #ADA could target $2.60, which would be a massive jump from its current price.
Cardano is gaining strength on-chain
Cardano's growth is not only dependent on charts; its network is also gaining strength. The layer 2 Hydra solution recently demonstrated the ability to process nearly a million transactions per second.
At the same time, decentralized finance applications are also experiencing growth on Cardano, with fewer failed transactions compared to competing platforms like Solana.
Significant increase in the chances of approval for the Cardano Exchange-Traded Fund
Excitement is also growing about the Cardano Exchange-Traded Fund. PolyMarket's predictions indicate a 76% probability of approval from the US Securities and Exchange Commission (#SEC ) by late 2025. Experts like Eric Balchunas see these odds as even higher, exceeding 90%.
The approved trading fund could attract institutional investors and push ADA prices higher.
Sentiment is positive
Cardano also tops the positive votes from the CoinMarketCap community, where the percentage of positive sentiment exceeded 90%. This is a strong indicator of trader optimism, even if reaching a price of one dollar or $2.60 is not easy.