Will ADA Reach $10 in 2024?
Cardano (ADA) has shown significant growth, with its price climbing by over 200% in the last month, hovering near the $1 mark.
This surge is especially important, considering it is the first time ADA approached this level since April 2022.
Is ADA Set to Break Past $10 in the Upcoming Market Rally?
Cardano (ADA) has seen a significant surge in market activity, with its 24-hour trading volume climbing to approximately $6.88 billion, placing it ahead of major competitors like Binance Coin (BNB).
As Cardano (ADA) continues its rise, there are speculations on its potential to surpass major price milestones in the near future.
With April’s Bitcoin halving, a trend that historically benefits alternative currencies like ADA, many are watching closely.
What’s more, Cardano is not waiting for price hikes to happen by themselves… with upgrades like Hydra for scaling and Mithril to streamline consensus, ADA is trying to attract even more investors to its network.
According to Ben Beddow, Cardano (ADA) points toward a 2025 potential high of $2.76.
The optimistic outlook is driven by multiple factors, including increased adoption in the decentralized finance (DeFi) ecosystem and Cardano’s continuous network upgrades.