Azaz Ullah Afridi

On the technical side, ADA's price has had volatility of late and price went low as $0.6186 but made a strong recovery and found strong support in the region of $0.62 with large volumes and now trading in the region of $0.66. The expectations are bullish with price target in the range of $2 - $3 by the year end.
On the fundamental side, CARDANO has a transparent development model and relies heavily on academic research which makes it reliable and an attractive option for institutional adoption. With increased crypto regulation, the adoption of CARDANO could be fast tracked and hence one of the reasons that many investors are bullish on ADA, expecting it to extend its gains in the year 2025.
Franklin Templeton, a $1.6 trillion asset manager, is now running CARDANO nodes.
The CARDANO blockchain is looking to adopt Hydra, a layer two scaling solution with the aim of bringing in efficiencies in processing and cost of transactions that could massively enhance its utility in the real world.
The sentiment is very bullish for ADA among major analysts and for this reason, it makes ADA one of our top picks for the year 2025.
$ADA #Cardano #Hydra #FranklinTempleton #bullish