Where is Cardano headed in 2025?

Can the currency reach $10 this year?

In this article, we review the potential for ADA price to rise after it reclaimed the $1 barrier in this market cycle.

These forecasts are based on expert analysis and the latest technical developments.

Cardano towards $10 barrier?

Dan Gambardello, founder of Crypto Capital Ventures, has expressed his belief that Cardano (ADA) can achieve a tenfold increase during the current market cycle.

Over the past period, many analysts have pointed to the possibility of ADA price recovering after a 45% correction, where the price fell from a high of $1.3264 to levels close to $0.7620.

After the coin crossed the $1 barrier again, one analyst predicted that ADA will reach new record highs during this cycle.

Factors supporting bullish expectations

According to a post by Dan Gambardello dated January 5, 2025, the analyst believes that ADA could reach $10 during a bull market, which would represent a 1,000% increase from current prices. While he did not reveal the details of his predictions in this post, he has previously confirmed that ADA is a key asset in his investment portfolio, citing it as a promising investment opportunity.

In an analysis published on December 31, 2024, Gambardello highlighted the strong fundamentals on which Cardano is based, which transcend the current political and economic challenges.

Among these factors is the expected impact of the new US administration headed by Donald Trump and global quantitative easing programs.

Technical developments

Gambardello pointed to a post by Cardano founder Charles Hoskinson on December 30, 2024, in which he predicted the network would reach “new heights” in 2025.

Among the notable developments that reinforce this optimism:

Cardano's role in funding Bitcoin-related deFi thanks to BitcoinOS partnership.

Cardano Midnight Privacy Protocol Launches.

New partnerships with other blockchains.

Improvements to decentralized applications (DApps).

Cardano Layer 2 Midgard Launch.

Gambardello stressed that the impact of these developments may be less than expected by investors.

He added that the expected technical improvements, along with the strategic steps, could be decisive factors in achieving the expected growth.

Disclaimer:

Arab Whales would like to inform its dear followers that the displayed content and information contained therein are for informational and educational purposes only, and are not considered market recommendations.

Therefore, it is always necessary to conduct extensive research and wide knowledge, and to obtain professional advice before taking the first investment step in any of the available fields.