$BTC
Cardano: Improving Structure and Strength
Cardano’s native coin, ADA, trades close to $0.6945 after recovering from a dip to $0.55. The $0.70 support zone has been key, and the coin is now between its 50-day and 200-day SMAs, showing a major technical setup. A $20 million ADA withdrawal from exchanges also points to big holders gearing up. All signs suggest Cardano is moving closer to being one of the highest potential cryptos in 2025.
Besides price action, Cardano is building on its platform features. The Veridian platform by the Cardano Foundation focuses on better on-chain identity tools, while the Ada Asset Index aims to improve asset tracking. Analysts expect a short-term move to $0.98, with a push above $1 coming later in the year. With growing on-chain activity and whale interest, Cardano stands strong on the list of highest potential cryptos in 2025.
