🤔 $ADA Eyes $1 as Hoskinson and Top Analysts Predict Bullish 2025
ADA is trading near $0.798 after a solid 7% daily gain, bouncing from $0.735. Momentum has picked up after the community approved a $71M development budget for Hydra scaling and Acropolis node upgrades, aimed at boosting speed and network stability. Work on the Midnight privacy sidechain continues, with a possible token airdrop for holders, and integration with Bitcoin OS could soon enable BTC staking and lending on Cardano.
Cardano founder Charles Hoskinson has reiterated his belief that the network’s governance and upgrade path will make it one of the most competitive L1s in the coming years. Market analyst Ali Martinez sees potential for ADA to push toward the $1.20 mark in a bullish scenario, while CoinCodex’s projection sits around $1.11. My own year-end range is $0.90 to $1.10, reflecting steady accumulation and improving technicals.
The charts show ADA holding above key moving averages on both the 3-day and 1-month timeframes, with higher lows since the $0.216 bottom and pressure building against the $0.80–$0.85 resistance. A clean breakout could set the stage for a test of the $1 zone before year-end.