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Two Reasons ADA Can Jump Another 60% in 2025
By: cryptosheadlines|2025/05/04 22:00:03
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com At the start of the year, Cardano (ADA) was one of a short list of cryptocurrencies that had the opportunity to skyrocket in value this year. Although the market has stagnated, that potential is once again emerging. Experts are highly bullish on the ADA token, suggesting the asset has 60% surge potential during the remainder of 2025.Analysts cite multiple reasons behind the projected surge. The crypto market started the year off underwhelming, mostly due to tough market conditions and uncertainty in the US economy. However, Monetum is back up, and assets like Cardano ADA could start their altcoin season surge in the coming month.Rise in Trading ActivityTrading activity around multiple altcoins, including Cardano ADA, is on the rise. Cardano’s spot trading volume hit $700 million on Thursday, according to Coinglass. This builds on a trend that started late last month, where daily trading volume on weekdays regularly crossed $700 million. On April 25, it even surged past $1 billion, a signal that buyers are active.Typically, an increase in buying activity around an asset means that a surge could be coming, and buyers are picking up the cryptocurrency at a lower price. After nearly months of consolidation, Cardano’s time to shine appears near.Also Read: China Offers to Address Fentanyl Crisis in US Trade TalksCardano ADA ETF ArrivesSource: Capital.comAdditionally, Cardano has seen the odds for an ADA ETF reach a high of 75%. In 2024, crypto-based ETFs were the talk of the industry. The investment vehicle opened a new door toward greater exposure for the asset class, with Bitcoin and Ethereum receiving approval. Indeed, $11 trillion asset manager BlackRock’s iShares Bitcoin Trust (IBIT) had performed so well that it was called the greatest ETF launch in history.Now, other cryptocurrencies are looking to have their own spot ETFs by the end of this year. Cardano ADA is one of the favored options to receive first approval, with some firms already filing ADA ETF applications with the SEC. Should any of those applications receive approval, big gains would be ahead for the ADA cryptocurrency.Also Read: A New World Order Rising: US Dollar on Its Way Down, Says AnalystIn a recent post to X (formerly Twitter), Bloomberg’s Eric Balchunas updated his approval odds for a host of crypto-based ETFs. The list included assets like Solana (SOL), Ripple (XRP), and Cardano (ADA). With the increased odds for the latter, all signs point to an incoming surge for the token.The question is, just how high can it go? There are many who expect it to challenge the $1 level in the coming months. According to its daily chart, ADA recently completed an inverse head and shoulders pattern. Moreover, it also broke out of a falling wedge, restesting its upper trendline. With notable momentum, the asset is expected to challenge $0.81 before jumping further toward the $1.17 level.Source link
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