Currencies32904
Market Cap$ 2.83T+1.20%
24h Spot Volume$ 58.73B-2.74%
DominanceBTC58.82%-0.01%ETH7.73%+0.25%
ETH Gas0.49 Gwei
Cryptorank
MainNewsCardano (ADA...

Cardano (ADA) Could Surge to $5, According to Bullish Pundit


Apr, 04, 2025
2 min read
by Vignesh k
for TheNewsCrypto

Cardano Shows High Positive Sentiment Despite Weak On-chain Growth

  • Alex Becker predicts ADA could rally up to 672% from current price.
  • Analyst cites speed, decentralization, and ecosystem growth as key factors.
  • Cardano’s social sentiment reaches multi-month bullish high.

Crypto influencer Alex Becker has turned bullish on Cardano, predicting the cryptocurrency could surge to $5 from its current price of $0.648. This remarkable shift comes from a pundit who was previously skeptical about ADA’s prospects.

Cardano has experienced a significant correction, retracing 51% from its December 3 high of $1.327. This decline aligns with the broader crypto market’s loss of momentum following the initial rally after Donald Trump’s November election victory. However, despite this downturn, Becker and other analysts remain optimistic about ADA’s mid and long-term outlook.

In a recent YouTube video highlighting eight cryptocurrencies he believes will increase fifteenfold by 2026, Becker acknowledged his change of heart regarding Cardano. “Despite my long-standing Cardano feud, I would admit that the token looks extremely bullish from here,” he stated.

Analyst praises Cardano’s speed

Becker pointed to several factors supporting his bullish perspective. He described Cardano as “fast as hell” and praised it as “the most decentralized, reasonable blockchain next to Ethereum.” The pundit emphasized that ADA represents an “easy bet” at current price levels, suggesting the asset has reached “insane bargain” territory.

The growing momentum around the Cardano ecosystem appears to be a significant catalyst for Becker’s optimism. Recent developments, including institutional interest through ETF filings and ADA’s inclusion in the US crypto reserve, have generated renewed enthusiasm for the project. Reports also indicate that Cardano’s crowd social sentiment has reached a bullish multi-month high.

From a price perspective, Becker envisions Cardano surging between 363% and 672% from current levels, targeting a range of $3 to $5. Other market analysts have made similar predictions, with commentator Madmaudo projecting a rise to $3 and describing such a rally as “overdue.” Even BitBoy, another crypto influencer, has called for ADA to reach $5 this bull cycle, despite previously expressing concerns about the ecosystem.

Becker’s bullish outlook extends beyond Cardano, with the pundit also highlighting Ethereum, Solana, Avalanche, and Sui as cryptocurrencies poised for significant gains in the mid to long term.

Read the article at TheNewsCrypto

Read More

When Will Cardano (ADA) Break the $1 Barrier?

When Will Cardano (ADA) Break the $1 Barrier?

A red wave persists in the crypto market, where fear dominates. Assets remain unable ...
Apr, 04, 2025
2 min read
by TheNewsCrypto
Analysts Believe Q2 is a Great Opportunity to Buy Altcoins

Analysts Believe Q2 is a Great Opportunity to Buy Altcoins

As Bitcoin (BTC) continues to dominate with increasing market share, many analysts be...
Apr, 04, 2025
by BeInCrypto
MainNewsCardano (ADA...

Cardano (ADA) Could Surge to $5, According to Bullish Pundit


Apr, 04, 2025
2 min read
by Vignesh k
for TheNewsCrypto

Cardano Shows High Positive Sentiment Despite Weak On-chain Growth

  • Alex Becker predicts ADA could rally up to 672% from current price.
  • Analyst cites speed, decentralization, and ecosystem growth as key factors.
  • Cardano’s social sentiment reaches multi-month bullish high.

Crypto influencer Alex Becker has turned bullish on Cardano, predicting the cryptocurrency could surge to $5 from its current price of $0.648. This remarkable shift comes from a pundit who was previously skeptical about ADA’s prospects.

Cardano has experienced a significant correction, retracing 51% from its December 3 high of $1.327. This decline aligns with the broader crypto market’s loss of momentum following the initial rally after Donald Trump’s November election victory. However, despite this downturn, Becker and other analysts remain optimistic about ADA’s mid and long-term outlook.

In a recent YouTube video highlighting eight cryptocurrencies he believes will increase fifteenfold by 2026, Becker acknowledged his change of heart regarding Cardano. “Despite my long-standing Cardano feud, I would admit that the token looks extremely bullish from here,” he stated.

Analyst praises Cardano’s speed

Becker pointed to several factors supporting his bullish perspective. He described Cardano as “fast as hell” and praised it as “the most decentralized, reasonable blockchain next to Ethereum.” The pundit emphasized that ADA represents an “easy bet” at current price levels, suggesting the asset has reached “insane bargain” territory.

The growing momentum around the Cardano ecosystem appears to be a significant catalyst for Becker’s optimism. Recent developments, including institutional interest through ETF filings and ADA’s inclusion in the US crypto reserve, have generated renewed enthusiasm for the project. Reports also indicate that Cardano’s crowd social sentiment has reached a bullish multi-month high.

From a price perspective, Becker envisions Cardano surging between 363% and 672% from current levels, targeting a range of $3 to $5. Other market analysts have made similar predictions, with commentator Madmaudo projecting a rise to $3 and describing such a rally as “overdue.” Even BitBoy, another crypto influencer, has called for ADA to reach $5 this bull cycle, despite previously expressing concerns about the ecosystem.

Becker’s bullish outlook extends beyond Cardano, with the pundit also highlighting Ethereum, Solana, Avalanche, and Sui as cryptocurrencies poised for significant gains in the mid to long term.

Read the article at TheNewsCrypto

Read More

When Will Cardano (ADA) Break the $1 Barrier?

When Will Cardano (ADA) Break the $1 Barrier?

A red wave persists in the crypto market, where fear dominates. Assets remain unable ...
Apr, 04, 2025
2 min read
by TheNewsCrypto
Analysts Believe Q2 is a Great Opportunity to Buy Altcoins

Analysts Believe Q2 is a Great Opportunity to Buy Altcoins

As Bitcoin (BTC) continues to dominate with increasing market share, many analysts be...
Apr, 04, 2025
by BeInCrypto