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Cardano (ADA) Price Prediction to $10 During Next Bull Cycle: Details
TL;DR
ADA to Reach $11 in 2025?
Cardano’s native token – ADA – has recently made the headlines due to its rapid price increase. It surpassed $0.40 on November 16 (for the first time since April 2023), while some analysts arguing this is the beginning of a massive rally that could take the asset to a new all-time high in the near future.
Dan Gambardello – Founder of Crypto Capital Venture – is among those. Hearguedthat ADA could be currently in a pre-bull run condition, envisioning the coin’s price to explode months after the BTC halving (scheduled for next spring).
Specifically, Gambardello predicted that the token’s market capitalization could skyrocket to $400 billion in 2025, whereas ADA might hit an all-time high of approximately $11.
The analyst reminded that the asset experienced a massive price increase one year after the previous halving, spiking from less than $0.10 to around $3 in the summer of 2021.
Top ADA Predictions
Other analysts, including Lucid and FieryTrading have presented even more bullish ADA forecasts. The formerbelievesthat global inflation could lift the cryptocurrency market capitalization to $10 trillion in the following years. For its part, ADA might explode to $30.
FieryTrading observed certain charts that indicate the asset could skyrocket to $35 by 2025. “Assuming that the bull-market top will be somewhere in 2025 and that ADA will continue to follow this pattern, we can make the assumption that ADA will top somewhere above 35$,” theyclaimed.
Those curious to check additional Cardano price predictions could take a look at our latest video below: