Cardano is back in focus after announcing a new partnership with Near Protocol. The move could be a game-changer, opening the door for swaps across more than 20 blockchains.
At the same time, analysts and institutions are keeping a close eye on ADA, with price predictions ranging anywhere from $4 to as high as $15 in the coming bull run.
Read Also: Here’s Why This Expert Says Cardano (ADA) Will Break the Internet
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Cardano Teams Up With Near
The new collaboration between Cardano and Near Protocol was highlighted by Charles Hoskinson, who described it as a step forward for crypto transactions.
The upgrade will allow ADA swaps with stablecoins and major tokens across multiple chains, boosting Cardano’s reach in decentralized finance.
This is not a matter of just adding a feature, this is a matter of interoperability. By bridging with Near, Cardano exposes itself to a greater pool of assets and users, which can be used to expand its ecosystem and bring in new developers.
ADA Gains Growing Institutional Interest
Whale activity is also gaining interest. On one day alone, more than 67.8 million ADA moved across the market, indicating strong accumulation. These kinds of moves often point toward larger players positioning themselves for the next phase.
There’s also growing talk about ADA potentially joining the list of altcoins considered for exchange-traded funds (ETFs).
With changes at the SEC and the post-Gensler era, analysts believe spot ETFs for assets beyond Bitcoin and Ethereum may not be far off. If ADA gets approval, it could attract the same kind of institutional inflows that boosted BTC and ETH.
Read Also: Why Cardano (ADA) Might Outshine Many Altcoins This October
Cardano Price Predictions on the Table
Forecasts for ADA are all over the place. Some traders see resistance levels at $1.25 and $6.25, while others believe Cardano could run to $7, $10, or even $15 if conditions line up.
Google’s Gemini AI expects ADA price to push past $4 by the end of 2025, while a few influencers are already calling for $6.25 in the near term.
Despite different numbers, one point keeps coming up: ADA is still viewed as a “blue-chip” crypto project, and many believe it’s undervalued heading into the next bull cycle.
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