Top Cardano (ADA) Price Predictions as of Late
TL;DR
- Analysts foresee a major rally, with targets as high as $3.50, citing strong weekly performance and other factors.
- Despite bullish momentum, recent whale sell-offs and uncertain macro conditions could spark a new wave of downward pressure on ADA’s price.
Further Rise on the Way?
Cardano’s native token plummeted to a five-month low of almost $0.50 on April 7 when the entire cryptocurrency market collapsed after the trading war between the United States and the rest of the world escalated.
Similar to many other leading digital assets, though, ADA experienced a solid revival in the following days and currently trades at approximately $0.65.
Multiple market observers are optimistic that a much more substantial rally could be on the horizon. The X user Sssebi (who often touches upon ADA’s price dynamics) noted the asset’s positive performance in the past week, envisioning a 25% pump in the short term based on potential developments on the global trade front:
“Let’s see what tariff news we get this week, I have a feeling it’s going to be positive and ADA gets to rally to $0.80.”
For his part, Dan Gambardello told his almost 300,000 followers on X that Cardano’s cryptocurrency could explode beyond $3.50 if it matches XRP’s market capitalization, which currently stands at over $125 billion.
“That’s just the starting line for XRP this cycle. It should be for ADA, too,” he predicted.
Strategic partnerships or other key developments may also act as price catalysts for the token. Not long ago, some crypto community members speculated that Cardano and Ripple may soon shake hands on a mutual collaboration. The rumors followed a video on X that Ripple uploaded and started with Cardano’s logo.
The possible launch of a spot ADA ETF in the US could ignite a rally, too. The leading digital asset manager Grayscale officially filed for a Cardano exchange-traded fund with the New York Stock Exchange in February, while the US Securities and Exchange Commission (SEC) acknowledged the application shortly after.
The product will allow investors to gain exposure to ADA without holding it directly. This might increase interest in the cryptocurrency, attract an additional number of people into the ecosystem, and positively impact the price of the underlying token. Polymarket estimates there’s a 47% possibility the investment vehicle will go live before the end of 2025.
How About a New Correction?
Contrary to the bullish predictions, the recent whales’ activity signals that ADA might experience another pullback soon. The renowned analyst Ali Martinez revealed that large investors (those who own between one million and ten million coins) have dumped more than 100 million tokens in the last week.
Such moves increase the circulating supply of ADA and could be followed by a price retreat if demand doesn’t react accordingly. Furthermore, the whales’ actions could trigger fear and panic among smaller players, which might lead to a chain reaction of selling.
The post Top Cardano (ADA) Price Predictions as of Late appeared first on CryptoPotato.
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Trump goes after Harvard’s tax-exempt status as standoff escalates
On Tuesday, President Trump warned Harvard University that it could lose its tax-exempt status. This is because it replied to a list of White House demands as blurring the lines of academic freedom.
Trump said, “Perhaps Harvard should lose its Tax Exempt Status and be Taxed as a Political Entity if it keeps pushing political, ideological, and terrorist inspired/supporting “Sickness?”
The White House wants the oldest university in the US to change how it hires, admissions, and teaches. The White House says this will help fight antisemitism on campus. Since taking office again, Trump has used threats to change the way top universities work by threatening to take away government funds that are mostly used for research.
On Monday, Harvard was the first big university in the US to say no to the White House’s demands. It said that the White House was trying to “control” its community.
Harvard says that it will protect its free speech
The federal government sent a letter to Harvard on Friday. The letter said that Harvard had not met the “intellectual and civil rights conditions” that support federal investment.
The letter listed 10 types of changes the administration wanted, such as telling the government about students who are “hostile” to American values. The government also wants the school to make sure that every school area has a “viewpoint diverse.”
In addition, Trump’s administration demanded hiring a third party allowed by the government to check the programs and departments “that most fuel antisemitic harassment.”
During last year’s protests on college campuses across the country against the war in Gaza and US backing for Israel, President Trump said that top universities did not do enough to protect Jewish students. The letter tells the university what to do about “violations” that happened during the protests.
In response, President Alan Garber said the university would not give up its independence or the First Amendment rights protecting free speech. He said, “Although some of the demands outlined by the government are aimed at combating antisemitism, the majority represent direct governmental regulation of the ‘intellectual conditions’ at Harvard.”
Harvard has set an example for other higher-ed institutions – rejecting an unlawful and ham-handed attempt to stifle academic freedom, while taking concrete steps to make sure all students at Harvard can benefit from an environment of intellectual inquiry, rigorous debate and… https://t.co/gAu9UUqgjF
— Barack Obama (@BarackObama) April 15, 2025
Former President Obama praised the school, saying that Harvard was doing what all schools should do when the federal government goes too far. However, Harvard could lose millions of dollars every year if they lose the exemption
Harvard filed a lawsuit against Trump’s administration
The education department told Harvard it would not be getting any more than $2.2 billion in funds or $60 million in contracts.
The Harvard faculty chapter of the American Association of University Professors and the national organization filed a lawsuit against the Trump administration. The professors also asked for a temporary restraining order to stop the government from cutting off Harvard’s federal funding.
The lawsuit says that the end of government funding “is imminent.” It points out that the Trump administration has already cut funding to other colleges and universities, including Columbia University, which was the first college to be targeted with $400 million in cuts.
Since March, the Trump administration has been looking over about $256 million in federal grants and contracts at Harvard. It has also looked into another $8.7 billion in multi-year grant agreements. This shows that if they don’t act, they could lose their funding as well.
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