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Cardano (ADA) is setting the stage for a potential price surge, with its recent rally propelling it past $1.10, reflecting a remarkable gain of over 30% since the start of the year. As ADA breaks free from a downtrend that had dominated the market since December, technical indicators suggest the bulls are regaining control, and a return to the $1.30 range could be imminent.

The market sentiment surrounding Cardano remains bullish, especially with Bitcoin (BTC) rallying above $100,000. Bitcoin’s momentum, combined with the upcoming Trump administration’s pro-crypto stance and a new pro-crypto Congressional session, could set the stage for a broader crypto market rally. While a potential “sell-the-news” event following Trump’s inauguration is possible, altcoins like ADA could continue to surge in anticipation.
Trump’s crypto Czar, David Sacks, on Bitcoin. pic.twitter.com/M6fi1Y3iiL
— The ₿itcoin Therapist (@TheBTCTherapist) December 6, 2024
Looking ahead, the ADA price seems positioned for a strong year. Bitcoin’s recent entry into its final, explosive phase of its four-year cycle could keep the world’s largest cryptocurrency buoyant in 2025. Altcoins, like Cardano, might see significant gains as Bitcoin dominance shows signs of weakening. This shift could usher in a major altcoin season reminiscent of the 2021 bull run, where Cardano posted massive price gains.
Cardano also benefits from several favorable narratives. The blockchain is preparing for a pivot to a Bitcoin DeFi chain, and regulatory developments could ease its status as an unregistered security. Furthermore, with Cardano’s co-founder Charles Hoskinson potentially joining the White House as an advisor, ADA’s adoption in the U.S. could accelerate. Traders are also betting on ADA ETFs becoming a reality in 2025, further boosting its outlook.
🚨UPDATE: Video of Cardano founder Charles Hoskinson @IOHK_Charles regarding the Trump Administration’s crypto team.
— Shawn Sully (@oroogle) November 15, 2024
“It’s very clear that I am going to be involved in some capacity”
Charles, founder of the $ADA cryptocurrency is one of the most well known minds in the crypto… https://t.co/cS8LQK3kWS pic.twitter.com/k5xv2Xpqfs
If Cardano mirrors its performance from the 2020/2021 bull cycle, a price of $7.80 is within reach—implying nearly a 7x gain from current levels. However, risks remain, particularly regarding Cardano’s low on-chain adoption compared to competitors like Ethereum and Solana. As always, investors should consider diversifying their portfolios to mitigate risks.

With Cardano’s strong fundamentals and the potential for explosive growth in 2025, ADA could be a prime candidate for investors looking to capitalize on the next altcoin season. However, careful consideration of risks is essential for anyone looking to enter this promising market.
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.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
