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Cardano Price Gains Continue As ADA Surpasses $1
Cardano analysts continue to adjust their 2025 forecasts as ADA hits a two-year high. Buoyed by Bitcoin’s recent rally to $99,000, Cardano surpassed expectations in late November.
Cardano is currently priced at $1.06, representing a 178.73% increase over the past year. Many experts agree that market optimism could push Cardano’s price to $2. This prediction could be reinforced by the growth of its DeFi ecosystem.
Data from DeFiLlama shows that the total value locked in Cardano’s DeFi ecosystem has surpassed $600 million, reaching an all-time high. Additionally, some analysts believe that the next government will introduce pro-crypto laws, which could boost DeFi activity and, consequently, a rally for Cardano.#BecomeCreator $ADA