Cardano Prepares For EXPLOSIVE Move As Trade Volume CRUSHES BNB

• Cardano’s ADA shows steady gains with 24h volume surpassing BNB for the third day, signaling increased market interest.
• Analyst Alex Becker, despite past negativity, now predicts ADA will hit $4 by May, urging accumulation.
• Cardano Foundation CEO touts its scalability, claiming it could power Visa/Mastercard, citing 90M+ daily transactions.

Cardano’s ADA is making steady gains after a week of market downturn. The token’s 24h trade volume has surpassed BNB for the 3rd time in a row, according to CoinGecko. This reflects increased market activity and interest in the altcoin compared to BNB during this specific timeframe.

Meanwhile, crypto analyst Alex Becker surprised everyone with his bullish projections for the token. A controversial figure, Becker has earlier expressed negative views about the asset, sparking controversies in the ADA community. In his latest analysis, he advocated a strong bullish sentiment, saying that “$ADA WILL HIT $4 BY MAY” and will be the “biggest gainer” among the altcoins troupe.

“It’s probably going to $4.00. We’re looking at phenomenally insane gains on Cardano. I would be stocking up on $ADA right now, he stated in the video podcast.

Price-wise, the token has easily found support at the $0.60 level and is currently trading at $0.65. However, it is facing a strong resistance level at $1.9; unless the asset clears the formidable “selling wall” at $1.9, the path is relatively clear of major obstacles. Once the initial resistances are overcome, some suggest $ADA could reach as high as $20.

“New ATH is inbound here! Short term we target $1 first,” wrote the analyst on X.

Cardano Foundation CEO Makes Big Visa-Level Claims

Doubling down on the bullish wave, CEO of the Cardano Foundation, Frederik Gregaard, at a summit, described the blockchain as technologically advanced stating, It is built different! Shedding light on its high throughput, low latency, and reliability, Gregaard also noted that the network infrastructure is scalable and efficient enough to handle the transaction volume and demands of major payment processors like Visa and Mastercard.

Visa and Mastercard could easily run on Cardano. 90+ million transactions in a single day, permissionless, public, and powerful.

Gregaard recently revealed that the team is working with NASA on track and trace, data provenance, and satellite data. “$ADA can do Merkle Patricia Tries (MPTs); we put the entire Bitcoin protocol on the blockchain. Every single Bitcoin TX is automatically recorded,” he told an interviewer on March 15.