
Cardano (ADA) Surged to New All-Time High Following This Event: Insights
Quick Summary
Is a Major Rally Coming?
Although Cardano’s native token has seen a 9% decline this week, crucial indicators suggest that it may soon rebound and potentially reach previous highs. For instance, the exchange netflow has largely been negative over recent months.
Reports show that since the start of 2025, investors have transferred about 980 million ADA tokens. At the current valuation, this amount is approximately $680 million.
Interestingly, there has been only one week so far this year where the netflows were positive. A similar pattern was noticed from mid-May 2021 to late August of the same year. Initially, ADA was valued at under $1.80, but it surged to over $3 in the following months, marking an impressive increase of nearly 75%.
Currently, the cryptocurrency is trading around $0.72, implying that such a rise could bring the price past $1.25.
Even if the circumstances do not trigger such a monumental increase, this is typically viewed as a favorable sign. It indicates that investors are switching from centralized platforms to self-storage options, which lessens the likelihood of immediate sell-offs.
Price Predictions
Some notable market analysts believe that ADA may soon see upward movement. Recently, Ali Martinez suggested that the price might hit $1 if it surpasses $0.81 first.
Another commentator, known as Henry with a following of approximately 120,000 on X, described ADA as being like the ocean: “calm, deep, and often misinterpreted.” He asserted that when the asset does move, it creates waves throughout the entire market.
“While others chase after fleeting gains, Cardano is building its foundation. Taking it slow can lead to significant progress, and ADA’s change is on the horizon,” Henry noted.
The analyst ended with a price forecast, predicting a rise up to $3 within the year.
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