$ADA — Are we heading to $1? I hope so. In the past, Cardano reached over $2.70 when Bitcoin was above $65K. Currently, Cardano is hovering around $0.45 while Bitcoin is over $75K, so why is Cardano still below $1? Some large investors might be hesitant due to political factors, particularly since Charles Hoskinson hasn’t supported either the Biden or Trump administrations due to their stances on crypto regulations. Will these investors reconsider and bring new capital to Cardano? I’m not sure, but we’re hopeful that Cardano could climb back above $1. Let’s wait and see what happens, if we don't hit $1 in the next few months, the next support level might stabilize slowly around $0.20. The current circulation supply ~ 35 billion out of 45 billion.
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