This estimate is based on historical market patterns and Cardano’s growing role as a highly scalable blockchain. He notes that ADA already reached a high of $3 in 2021, when the project was still in early development.

DustyBC goes further, projecting ADA’s potential to reach $12. These predictions reflect the confidence that Cardano will continue to expand its technical capabilities, consolidate its market presence, and explore new use cases.

While the first ZK smart contract represents a watershed moment for the project, Cardano’s future is still fraught with challenges. It needs to prove its ability to differentiate itself from the competition in a highly competitive and volatile market.

The big question remains: will Cardano exceed expectations and reach new highs, or will it become another victim of the crypto market turmoil? Only time will tell what the next chapter in this journey will be.

 Download the App

Join the millions of investors who use the Investing.com app to stay up to date with the global financial markets!

$ADA $BTC $ENA