1. Current price:
- Cardano (ADA) is trading at $0.7009, down 6.7% over the past 24 hours.
- Daily trading range: between $0.699 and $0.755.
2. Developments in decentralized finance (DeFi):
- A new feature is being launched in the Lace wallet that allows Bitcoin holders to access DeFi applications on Cardano.
- This move is considered an important bridge between the Bitcoin and Cardano ecosystems.
3. Institutional adoption:
- Cardano (like Solana) has been added to the U.S. Strategic Bitcoin Reserve, enhancing its credibility and attracting institutional interest.
4. Future predictions:
- Analysts' predictions: $2.05 by the end of 2025, reaching $10 by 2030.
- These goals depend on the expansion of use cases and developer support.
5. Investment opportunity:
- The current price is seen as a good accumulation opportunity, especially with market interest in Layer 1 chains.
- Cardano combines growth potential and DeFi expansion, making it one of the best altcoins to buy currently.
Brief summary:
Cardano is trading at $0.7009 (-6.7%), developing its presence in DeFi through the integration of the Lace wallet that connects Bitcoin holders to its applications. Its entry into the U.S. 'Strategic Bitcoin Reserve' enhances its credibility. Predictions indicate a rise to $2.05 (2025) and $10 (2030). Its current price is seen as an ideal accumulation opportunity.#TrendingPredictions
