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Cardano Ecosystem

Watcher Guru

01/03/2025

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Cardano Outshines Bitcoin, Solana: ADA To $1.50 Next?

Cardano (ADA) is currently the best-performing cryptocurrency among the top 10 projects by market cap. The asset is up 11.6% in the daily charts,17.2% in the weekly charts, and 17.3% in the 14-day charts....

Cardano Outshines Bitcoin, Solana: ADA To $1.50 Next?

Cardano (ADA) is currently the best-performing cryptocurrency among the top 10 projects by market cap. The asset is up 11.6% in the daily charts,17.2% in the weekly charts, and 17.3% in the 14-day charts. Bitcoin (BTC), on the other hand, is up only 1.1% in the daily charts and 0% over the previous week. Solana (SOL) is up 1.4% in the last 24 hours and 9.1% in the weekly charts.

price chart CoinGecko
Source: CoinGecko

Also Read: VeChain (VET) On Pace to Return to $0.1: Here’s When

Why Is Cardano Rallying?

Cardano ADA With Crypto Background
Source: News.btc

ADA’s latest breakout follows a general market resurgence. Bitcoin is inching closer to the $97,000 mark, and the global crypto market cap has reclaimed $3.55 trillion.

The rally could be due to Donald Trump’s inauguration on Jan. 20, 2025. Trump’s assuming office could trigger a market-wide rally due to his pro-crypto stance. ADA and other cryptocurrencies could climb to new heights under his leadership.

Also Read: Can You Trade in a Financed Car?

Will The Asset Hit $1.50 Next?

Cardano price prediction
Source: CoinCodex

According to CoinCodex, Cardano (ADA) will continue trading at around current levels over the next few weeks. The platform anticipates the asset to hit the $1.50 mark on Feb. 5, 2025. Hitting $1.50 from current price levels will entail a rally of about 45.63%.

CoinCodex anticipates ADA to continue its rally in March, hitting $2.62 on Mar. 15, 2025. Reaching $2.62 from current levels will result in a rally of about 154.37%.

Also Read: Alphabet: Why GOOGL Is Most Underrated Stock for 2025

ADA price prediction
Source: Changelly

Changelly analysts are slightly bearish on ADA. The platform predicts ADA to trade at an average price of $1.17 in January 2025, $1.11 in February 2025, and $1.06 in March 2025. Changelly analysis hints that ADA will face a dip over the next few months.

Many anticipate an extended bull run under Trump’s leadership. ADA and other assets could hit new all-time highs over the next few months due to the expected lenient regulations. How the market performs under Trump’s administration is yet to be seen.

AD

Proposals Catalyst F14 - Cast your vote, search "Otavio" in the Voting App.

If you are you using your ADA to vote in Cardano’s Project Catalyst don’t forget to voice your vote. We would be excited if you can see, comment, share and vote for us. Tip: To find them its easiest to search for "Otavio"Vote for Us


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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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