$ADA – DISTRIBUTION OR LAUNCHPAD? CARDANO EYES $3+ IN COMING MONTHS
Cardano ($ADA ) is breaking out of its long-term range after consolidating below $0.60, now trading above $0.71 with strong bullish momentum. After rebounding from the lower trendline in June, $ADA has regained strength, climbing over 30% in the last 7 days.
On-chain expert Wedson believes ADA could not only retest its all-time high of $3.09 but potentially surge toward $4.90 in the next major leg up. The token remains in a distribution phase—but this might just be the calm before a massive breakout.
With technical and on-chain indicators aligning, late Q3 and early Q4 2025 could be pivotal. A breakout above $1 could ignite the rally.