The post Cardano Price Prediction: Is $2 Possible In March? Analysts Tout Mutuum Finance (MUTM) To Trump ADA This Year appeared on BitcoinEthereumNews.com.

Cardano (ADA) rose 8% during the period between March 23 and March 25, attempting to break above the $0.76 resistance level for the third time in two weeks. Optimism from founder Charles Hoskinson’s campaign to promote network scalability and decentralization of governance hasn’t helped the token price remain buoyed, either, with ADA still 35% off its March 3 peak of $1.18. Speculations abound around partnerships with Trump-linked crypto ventures, but analysts wonder if ADA’s DeFi ecosystem can provide enough momentum to recover $1, much less $2. Instead, Mutuum Finance (MUTM) is quickly becoming the go-to choice for investors seeking high upside potential for their cryptocurrency, whose presale is now in Phase 4 and a launch price 140% higher than presale. Cardano’s Uphill Battle And Cardano’s more recent price action hangs partly on political events. Donald Trump’s March 3 social media endorsement of ADA caused a rally, but later policy movements excluded altcoins from the U.S. Digital Asset reserves. Now, all eyes are on the upcoming DC Blockchain Summit 2025, at which Trump Jr. and Hoskinson will take the same stage. When looking ahead to what investors can expect in the future, some claim to look forward to partnerships with Trump-backed companies such as World Liberty Financial, whereas other critics describe these ventures as “pay-to-play” and not actually rooted in DeFi. Cardano’s layer-2 solution Hydra has recorded 1 million transactions per second in tests, and its eUTXO model claims base-layer transaction failures of zero—compared to Solana’s 40% failure rate. But DeFi adoption has been slow, leading protocol Indigo offers 28% yields on stablecoins but the returns which are paid in native tokens do not help the appeal. ADA’s ascent to $2, analysts say, hinges on demonstrable bumps in user activity and institutional inflows, neither of which have yet come to fruition. Mutuum Finance Gains Momentum While ADA suffers over the uncertainty of…

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Filed under: News - @ March 31, 2025 1:07 am