Cardano Rallies 7.5% – Analysts Predict $7 ADA in Next Bull Run
The post Cardano Rallies 7.5% – Analysts Predict $7 ADA in Next Bull Run appeared on BitcoinEthereumNews.com.
Cardano (ADA) is back in the spotlight, rallying 7.5% in the last 24 hours to trade above $0.82. Despite this recent surge, ADA is still down 73% from its all-time high of $3.10, which was set in September 2021. However, bullish predictions and growing institutional interest could fuel a much larger rally. Investing Broz Predicts $7 ADA Price – An 800% Surge Incoming? In a recent analysis, Investing Broz projected that Cardano could see an 800% price increase, pushing ADA to $7 in the next bull market. If the U.S. government chooses Cardano as the blockchain of choice to track its $7 trillion budget, ADA could hit a $250 billion market cap, translating to a $7 price point – almost a 9X from current levels. JUST IN: Investing Broz says “I think there’s a good chance $ADA surpasses Dogecoin and USDC. #Cardano could hit a $250B Market Cap. That would bring the price towards $7.00.” pic.twitter.com/HwsK3n9BDX — Angry Crypto Show (@angrycryptoshow) February 16, 2025 Cardano currently holds the #9 spot by market cap, but analysts believe it could surpass Dogecoin and USDC, potentially vying for the #6 or #7 position during the next bull market. CoinCodex Prediction: ADA to Hit $1.50 by May 2025 While some analysts forecast a $7 ADA price, CoinCodex’s price prediction offers a more measured but bullish outlook. Our algorithm predicts that Cardano could peak above $1.50 by May 2025, representing a 180% increase from current prices. CoinCodex ADA Forecast: $1.50+ by May 2025 Sustained growth expected as adoption increases This prediction aligns with Cardano’s ongoing development, network upgrades, and rising institutional interest. Charles Hoskinson Proposes Cardano as Audit Layer for U.S. Treasury Charles Hoskinson, founder of Cardano, recently proposed using the Cardano blockchain as an audit layer for the U.S. Treasury’s $7 trillion budget. This proposal…
Filed under: News - @ February 17, 2025 3:23 pm