$ADA
🔥Cardano Price Prediction: ADA on the Brink of Its Biggest Rally Since 2017
Cardano (ADA) is showing signs of a potential breakout after months of price consolidation. Analysts believe ADA could be preparing for its largest rally since 2017, with predictions suggesting a possible move to $2.50 in the coming months.
Cardano (ADA) Bullish Momentum Builds Amid Key Market Developments
Cardano has been oscillating between $0.67 and $0.81, which have been ‘support and resistance’ levels in the history of Cardano. It is stated that ADA could double from its current levels should prices break above $0.81 and rocket to $1.10, $1.50 and $2.50 if demand rises. In that regard, some traders aligned this price cycle with previous ADA movements in which long consolidation phases culminated in explosive movements. There are several possibilities which may bring the following new rise in Cardano price: The upgrade of the Platoon Hard Fork, which is aimed at improving scalability and adding better governance to the Layer-1 blockchain, is regarded as a beneficial step for the network.
The possibility of an ETF inclusion could bring in institutional funds, boosting the Cardano (ADA) asset liquidity. The emergence of Midnight, a privacy-oriented sidechain might open new possibilities for the application of ADA beyond the DeFi and smart contracts sphere.
However, ADA still has some hurdles to overcome. Currently, more than 75 percent of holders are in a loss indicating that more holders are likely to sell when the price hits certain resistance levels. In addition, although the Ethereum and Solana protocols have experienced significant DeFi and NFT integrations, the Cardano ecosystem has developed more slowly. However, while ADA can experience a significant increase in price, it does not offer the same potential as new projects in promising fields such as real-world assets tokenization.
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Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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$ADA Cardano's (ADA) price prediction for the rest of 2025 looks promising, with po...
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