Odds of Cardano Price Reaching $3: These 3 Signs that Say Yes
The post Odds of Cardano Price Reaching $3: These 3 Signs that Say Yes appeared on BitcoinEthereumNews.com.
Key Insights: Cardano price jumped 33% weekly and 12% daily, showing strong momentum. Whales bought 200M+ ADA as OBV, and open interest spiked. ADA price fractal from 2021 points to $3 if $1.34 breaks. Cardano (ADA) price is rising again. In just 7 days, its price went up more than 33%. Over the past 24 hours alone, the Cardano price jumped over 11%. That’s a big move for any cryptocurrency. Many other coins have gone up, but then quickly corrected. Cardano seems to be holding strong. So now the crypto community is asking: Can ADA reach $3 this time? A few clear signs say yes. ETF Hopes and More DeFi Use Add Strength A big reason for the excitement is news about a possible Cardano ETF. ETF means Exchange Traded Fund. It lets big and small investors buy Cardano like a stock. You don’t need a crypto wallet. You don’t need to use a crypto exchange. It becomes easy for anyone to invest in ADA. Cardano ETF hopes- Source: Cardanians (CRDN) Grayscale, a large investment company, has filed to create this Cardano ETF. This shows they think more people want to invest in Cardano long-term, even without direct crypto exposure. Cardano’s DeFi growth- Source: DeFillama In the past week, activity on Cardano DeFi apps has gone up over 32%. More users are joining, and the number of active wallets is rising fast. More real-world use often supports a price rally. Whales Buying, Volume Up, Cardano Price Dips in Short Term Though The next reason ADA looks strong is the whale buying spree. Whales are wallets that hold a lot of ADA. These are people or firms with deep pockets. When they buy, it often means they believe the price will go up. Cardano Whales Driving the Price Up | Source:…
Filed under: News - @ August 15, 2025 3:27 am