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Cardano ADA Eyes $1 Amid Bullish Momentum and Key Upgrades

Cardano ADA Eyes $1 Amid Bullish Momentum and Key Upgrades

Author:
ADA News
Published:
2025-05-29 12:32:53
23
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[TRADE_PLUGIN]ADAUSDT,ADAUSDT[/TRADE_PLUGIN]

Cardano’s ADA is showing strong bullish momentum, with technical indicators pointing toward a potential rally to $1 by the end of June. Currently priced at $0.7539, ADA is benefiting from several key developments, including the Voltaire governance phase, which empowers holders to influence protocol upgrades. Founder Charles Hoskinson has also teased a privacy-focused stablecoin, while integrations like the Brave Browser and upcoming Leios upgrades—promising 11,000 TPS and enhanced developer tools—further bolster ADA’s prospects. This article explores whether ADA can hit $1 before June and the factors driving its upward trajectory.

Cardano Price Prediction: ADA Takes Bullish Stance As It Eyes $0.8, Can It Reach $1 Before June?

Cardano’s ADA is gaining momentum, with technical indicators suggesting a potential rally toward $1 by June’s end. The blockchain’s Voltaire governance phase empowers ADA holders to steer protocol upgrades, while founder Charles Hoskinson hints at pioneering a privacy-focused stablecoin. Integration with Brave Browser and upcoming Leios upgrades—promising 11,000 TPS and enhanced developer tools—further solidify its competitive edge.

On-chain metrics underscore the bullish thesis: daily transactions hit 50,000 in May, and GitHub commits surpassed Ethereum’s this year. Cross-chain expansion via Bitcoin support in Lace wallet amplifies DeFi possibilities. Market sentiment now hinges on whether ADA can breach the psychological $1 barrier amid this confluence of technical and fundamental catalysts.

4 Top Altcoins for 2025: Qubetics Leads with Non-Custodial Innovation

Identifying the most promising crypto presales for 2025 requires a focus on projects with tangible utility and long-term viability. Qubetics distinguishes itself with a non-custodial multi-chain wallet, offering users full control over private keys and seamless cross-chain asset management. This approach addresses critical blockchain challenges—security, scalability, and interoperability—head-on.

Hedera, VeChain, and Cardano complement this landscape with their specialized strengths, from enterprise-grade DLT to supply chain solutions and peer-reviewed research. These platforms transcend speculative hype, embodying the next phase of blockchain adoption where functionality meets real-world demand.

Qubetics’ architecture exemplifies this shift. By eliminating third-party custody risks and enabling multi-network compatibility, it positions itself as a foundational tool for the decentralized economy. The project’s presale momentum reflects growing investor recognition of infrastructure-level solutions in a maturing market.

Cardano ETF Momentum Builds as Institutional Interest Sparks Bullish Technicals

Cardano’s native token ADA is attracting renewed institutional interest as Grayscale’s spot ETF application progresses through SEC review. Market analysts now assign a 55% probability of approval by October’s final decision deadline, mirroring the trajectory that propelled Bitcoin and ethereum ETFs to market-moving status.

Technical indicators reinforce the fundamental case, with ADA establishing firm support at the 20-day EMA. The potential for large-scale capital inflows has ignited bullish positioning across derivatives markets, suggesting traders anticipate a breakout that could define Cardano’s 2025 price trajectory.

Grayscale’s February filing represents the first formal attempt to bring ADA exposure to traditional finance channels. SEC commentary periods have set April 10 and October 22 as critical decision dates, creating clear volatility catalysts for the altcoin.

Charles Hoskinson Slams ADA Slander Campaign Targeting Cardano

Cardano founder Charles Hoskinson has publicly denounced what he describes as a coordinated "slander cabal" against the blockchain platform. The controversy stems from resurfaced allegations regarding the 2021 Allegra hard fork, with claims that over $600 million in ADA were improperly accessed. Hoskinson vehemently denies these accusations, attributing them to technical misunderstandings.

In response, Hoskinson announced an independent audit to address the allegations head-on. The audit aims to clarify the redemption process of ADA over a seven-year period, which he asserts was conducted lawfully. This move comes amid heightened scrutiny and a shaken community, as cardano faces one of its most challenging periods to date.

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