ardano (ADA) price has seen around a 50% decline from November 2024 until now. The price is still not showing signs of recovery based on the price action; however, some analysts are seeing what could be the beginning of a big move, and one of them is Nick from the crypto channel Check Crypto Unfiltered on YouTube.
He shared three main reasons why the Cardano price might soon reach new highs.
What you'll learn 👉
Cardano’s Fundamentals Are Stronger Than Ever
The Cardano token currently trades near $0.63. While that might not sound exciting, Nick believes the foundation of the project is much stronger now than it was during its last peak above $3.
Cardano’s ecosystem has expanded with new innovations, including scaling upgrades that allow faster transactions than traditional systems like Visa. Founder Charles Hoskinson, who was part of Ethereum’s early development, applied years of learning from that experience into building Cardano’s architecture.
Cardano’s steady and careful approach has made ADA one of the most solid assets in crypto. Its development may seem slower than some flashy projects, but it aims for long-term growth. Nick pointed out that fundamentals matter more than hype and Cardano’s are much stronger now than in the last bull run.
Institutional Interest and ETF Momentum Could Lift ADA Price
The second major reason Nick points to involves broader market trends. Spot Ethereum ETFs are expected to create waves across altcoins, and Cardano could be among the top beneficiaries. Once those ETFs are approved and trading, more institutional attention may flow into assets beyond Bitcoin and Ethereum.
Nick believes the likes of Cardano, Solana, Avalanche, and Chainlink could thrive under that environment. The reasoning is simple, strong projects with active ecosystems are better positioned to attract liquidity when investors seek diversification.
He adds that the “lower we go now, the higher the market could rise later,” suggesting current prices might represent a setup for the next major rally. Nick also mentioned that this could become the biggest crypto bull run in history. He also said ADA token might stand out due to its mix of growth, innovation, and community strength.
Cardano Ecosystem Growth and Partnerships Are Driving New Optimism
Beyond price talk, Cardano keeps growing quietly. New tools like the upcoming Bitcoin bridge and the Midnight privacy sidechain are in the works. These upgrades aim to make Cardano more useful and better connected.
Nick also talked about possible partnerships. He mentioned a likely partnership with major blockchains like Ripple (XRP). None of these is confirmed yet but these talks show Cardano’s rising importance in the Web3 world.
DeFi on Cardano is also gaining traction. The Cardano Foundation is promoting stablecoin use to boost DeFi activity. All these moves add real value and could increase future demand for ADA.
Cardano’s Performance Shows It Still Competes
Cardano has outperformed many big-name projects over the past year. TradingView data shows ADA has gained over 74% in that period, slightly higher than Bitcoin’s 56%.
While coins like XRP have jumped more sharply, ADA’s steady rise shows strong investor trust. Nick believes this steady growth and solid fundamentals make ADA one of the most resilient altcoins.
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Unlike many tokens that rise and fall fast, Cardano keeps building through both hype and quiet times. A Calm Before a Bigger Move? Volatility will always be part of crypto, and Cardano is no exception. Yet the mix of strong fundamentals, expanding ecosystem, and potential ETF-driven momentum makes ADA one to watch closely.
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