Cardano (ADA) could be on the verge of a major rally, and according to a top crypto analyst, a $5 price target is no longer just a dream—it’s a tangible possibility this cycle. ADA’s recent breakout past the stubborn $0.60 resistance has sparked fresh optimism across the crypto community.
BREAKING NEWS:$ADA TO HIT $5 THIS CYCLE
— Mintern (@MinswapIntern) April 9, 2025
Crypto analyst @deezy_BTC predicts that $ADA reaching $5 is no longer just a dream. A sharp rise in ADA dominance points to a potential breakout moment for Cardano this cycle.
Could $ADA become the top-performing altcoin of the… pic.twitter.com/lOqyXSpesU
After bouncing from $0.5885, ADA surged to $0.6367 before stabilizing around $0.6225, according to CoinMarketCap. That move signaled a clear shift in momentum, breaking through a level that had stalled progress for weeks. Though trading volume remains down—just under $965 million, reflecting a 29% dip—positive sentiment is rising. The breakout may still be flying under the radar, but that could change rapidly.
Analysts caution that without a rise in trading volume, the price could retrace toward the $0.57 support zone. Broader market volatility also looms, fueled by recent global trade tensions. Still, if ADA can hold above $0.60, it could ignite a push toward $1—a key psychological milestone.
Developer Confidence Fuels the Bull Case
What truly sets this rally apart is developer conviction. Sebastien Guillemot, a leading Cardano developer, made headlines by transferring 686,567 ADA to the project’s treasury, pushing the total above 1.72 billion ADA. This isn’t just a symbolic gesture—it’s a concrete show of faith in Cardano’s long-term potential.
Also Read: Crypto Forecast 2025: Avalanche, Cardano, and Stellar Predicted to Surge—Here’s Why
Developer-led moves like this carry weight, especially with retail and institutional investors watching closely. While tweets can generate hype, on-chain action speaks louder. Guillemot’s contribution underscores growing confidence in Cardano’s roadmap and governance.
With resistance now acting as support, growing developer engagement, and a passionate community ready to rally, ADA could be entering a transformative phase. If volume returns and momentum holds, $1 may be the next stop—and from there, the road to $5 doesn’t seem so far-fetched.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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