The Cardano Foundation recently launched a new foundational course at Binance Academy to enhance accessibility for users and developers worldwide.
#ADA The price has rebounded from $0.50 to $0.85, and analysts predict that the potential target price for the next bull market could reach $15.
The Cardano Foundation has demonstrated significant growth in its ecosystem over the past two months, including an increase in the number of token listings and new initiatives aimed at improving accessibility for users and developers globally.
This is also reflected in the increase in ADA prices over the past quarter, which have rebounded from a low of $0.50 and are currently trading at $0.85.
Support for native tokens and educational programs in the Cardano ecosystem expansion.
The community token $SNEK has been listed on KuCoin, Hotcoin Global, and HTX Global, enhancing liquidity and expanding the use of Cardano's native tokens. Additionally, Kraken has listed the World Mobile Token (WMT), a utility token for World Mobile's decentralized wireless network, available for millions of users globally.
#MEXC has also added #PALM economic tokens, emphasizing community involvement and digital culture, further enriching Cardano's creative and social ecosystem.
Cardano launched Binance Academy to introduce its foundational course, leveraging Binance's international platform to present Cardano's design and use cases to a broader audience. This educational outreach will contribute to the ecosystem's growth and provide more opportunities for developers and community tokens (CNT) adoption.
Overall, these developments highlight Cardano's continuously expanding digital infrastructure, offering more access, education, and opportunities for its global user and developer community.
Two weeks ago, the Cardano Foundation released a new roadmap outlining the next phase of ecosystem adoption, focusing on stablecoin liquidity, decentralized finance (DeFi), real-world assets (RWA), and other key initiatives aimed at expanding Cardano's real-world utility, as mentioned in our previous stories.
Founder Charles Hoskinson expressed support for the roadmap, calling it 'a good start,' while emphasizing the need for further actions. Hoskinson highlighted the importance of establishing a community-elected board to guide and oversee the Foundation's various initiatives.
ADA's price is nearing $1, and analysts predict that the next bull market will break through $10.
Cryptocurrency analyst CryptoPatel released a technical analysis of Cardano's price, pointing out its potential upside target of $14.2158. The analyst noted that the breakout pattern observed in ADA's price chart is reminiscent of 2020, when the token's price soared from $0.10 to $3.0.
He added that a similar pattern has emerged again, indicating that the potential target price for the next bull market cycle is around $15, suggesting a possible increase of 1,800% from current levels.
People laughed at $ADA being below $0.02.
My view: #ADA could reach $10 in this bull market if the market remains healthy.
NFA and DYOR @Cardano
Cryptocurrency analyst Ali Martinez cites on-chain data from blockchain analysis company Santiment, stating that ADA whales have accumulated 70 million tokens in the past week, indicating renewed interest from large investors.
70 million Cardano $ADA were purchased by whales in the past week!
