Cardano (ADA) Price Prediction, Potential Pump Up to $7.8?

Bittime - Cardano (ADA) is attracting attention because various analyzes give the Cardano (ADA) price prediction will experience a significant increase in 2025. 

Does ADA have the potential to pump up to $7.8? Read this article to find out the Cardano (ADA) price prediction 2025!

Cardano (ADA) Price Prediction: Increase in Early 2025 

Entering the beginning of 2025, Cardano has shown impressive performance. The price of the ADA token is currently around $1.10, having seen a surge of more than $0.25 since the start of the year. 

This uptick not only broke the downward trend since December 2024, but also took the price beyond the 21 and 50 day moving averages (21DMA and 50DMA). This condition signals the return of market control to the hands of the bulls.

However, in recent days, this increase has slowed slightly, with ADA token prices ranging between $1,056 to $1,118. 

However, optimism about the Cardano (ADA) price prediction remains high, supported by the surge in Bitcoin (BTC) prices. This positive momentum is expected to continue ahead of Donald Trump's inauguration as US president.

Read Also: Cardano (ADA) Price Prediction: Could It Rise to $1.5?

Cardano (ADA) Price Prediction: Donald Trump Government 

One of the main things supporting this optimism is the pro-crypto policies of the soon-to-be-inaugurated Donald Trump administration.  

Additionally, with the new session of Congress also being pro-crypto, the crypto market seems to be heading towards a new “golden age”. 

Although there is a possibility of a short-term price decline as a “sell-the-news” reaction, analysts predict that Cardano (ADA) price will continue to show strong performance in the coming sessions.

Cardano (ADA) Price Prediction: Change of SEC Chairman 

Cardano has several narratives that support its upside potential. One of them is a plan to integrate Bitcoin DeFi in May, which could open up opportunities for wider adoption.

Additionally, with the change of Chairman of the SEC who is expected to be more crypto-friendly, Cardano may be freed from the “unregistered security” status that was previously an obstacle.

Another interesting news is the potential that Charles Hoskinson, co-founder of Cardano, will become an advisor to President Trump. If this really happens, Cardano (ADA) price predictions and Cardano adoption in the US could increase significantly.

Read Also: Cardano Price Rises After Rumors of Collaboration between Cardano Founder and Trump

Cardano (ADA) Price Prediction 2025

Based on technical analysis, Cardano has the potential to reach $7.8 at the peak of the bull market. This Cardano (ADA) price prediction is based on a pattern similar to the 2020/2021 bull run. 

At that time, the ADA token reached the 2.618 Fibonacci extension from its highest price in 2017. If this pattern repeats, the price of the ADA token could soar up to 7 times its current price.

Read Also: Cardano (ADA) Price Prediction, Could Reach This Much Next Year!

Cardano (ADA) FAQs

What is Cardano (ADA)?

Cardano is a blockchain platform designed to run DApps and smart contracts with a focus on security and scalability. Cardano's native token is the ADA token, which is used for transactions and staking.

Does Cardano Support Smart Contracts?

Yes, Cardano supports smart contracts through the Alonzo update, which allows developers to build DApps on the network. This makes Cardano a strong competitor to Ethereum in the blockchain ecosystem.

What are the advantages of Cardano (ADA) compared to other blockchains?

Cardano uses a Proof-of-Stake (PoS) consensus protocol called Ouroboros, which is more energy efficient than Proof-of-Work (PoW). Additionally, Cardano adopts a scientific research-based approach to its technology development.

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Reference

Crypto News, Cardano Price to $7.80? Here’s How High ADA Could Pump in 2025, accessible on January 8, 2025.

Author: IPR