After months of consolidation, @Cardano Foundation ($ADA ) is poised for a potential 2,222% rise, according to analyst Alan Santana. ADA has recorded positive growth in the short term and is undergoing a "minor correction" within a larger bullish framework.

Key Points:

- Cardano's prolonged bear market and consolidation phase have set the stage for a potential explosive breakout.

- Santana predicts a primary bull market that could drive ADA to unprecedented levels, potentially reaching $8.50 by 2025.

- Key resistance levels are at $1 and $1.6, where traders may consider taking partial profits or reassessing their positions.

- Cardano's market cap could reach $300 billion if it reaches the $8.5 mark, positioning it close to Ethereum.

Challenges and Developments:

- Cardano faces challenges from emerging Layer 2 solutions like Arbitrum and Optimism.

- Ongoing network developments, such as the Chang Hardfork upgrade, will impact Cardano's prospects.

- The upgrade aims to introduce a "liquid democracy with a constitutional republic," allowing ADA holders to access Cardano's treasury.

Current Price:

- ADA is trading at $0.36, having rallied almost 5% daily and up 10% on the weekly chart.

- To maintain momentum, Cardano needs to reclaim the $0.40 resistance level, with a long-term target of around $0.50.