Cardano’s ADA Rockets 30% in 7 Days – Is $10 the Next Stop?
Cardano's native token ADA just pulled off a stunner—surging 30% in a single week while Bitcoin wobbles. The 'Ethereum killer' is flexing muscles again, but can it really 10x from here?
Breaking down the ADA rally
No major protocol upgrades. No exchange listings. Just pure, unfiltered crypto speculation doing what it does best—pumping first, asking questions later. The move puts ADA back on retail traders' radars after months of sideways action.
The $10 question
To hit double digits, ADA would need a $350B market cap—roughly today's entire crypto market squeezed into one altcoin. Possible? Sure. Probable? Ask the 'stablecoin yields' guys how their 20% APY plays worked out.
One thing's certain: When ADA runs, it runs hard. This week proved the ghost of 2021's bull market still haunts the charts—for better or worse.
Cardano Technical Analysis: Cup-and-Handle Pattern Signals $2.65 ADA Breakout Incoming
ADA is currently positioned around $0.755, and has successfully reclaimed a critical demand zone and transformed it into a support level.
Fibonacci extension analysis projects bullish price targets at $1.01 (0.618 level), $1.15 (0.786 level), and $1.83 (1.618 level).
Should momentum persist, the price could potentially rally toward $2.65 based on the 2.618 Fibonacci extension.
Provided the price maintains its position above the neckline and sustains support within the $0.68–$0.72 range, the trajectory favors continued upward movement, with ADA potentially initiating a fresh bullish cycle.
If broader market sentiment remains strong, and Cardano adoption accelerates through real-world integrations and regulatory clarity, a long-term move toward $10 could come into view.
Cardano Foundation Puts ADA Investors at Peace with $695 Million Holding
Beyond price performance, the cardano Foundation’s recent financial disclosure has further reinforced investor confidence in the asset’s long-term prospects.
The foundation revealed holdings of $659 million in assets, with 76.7% allocated to ADA, 14.9% in Bitcoin, and 8.3% maintained in cash or equivalent instruments.
Cardano’s treasury continues to evolve, with financial disclosures now on-chain and leadership considering diversification strategies.#cardano #adahttps://t.co/qpJq8OtJ5w
These holdings have generated positive market sentiment as they demonstrate a substantial long-term commitment to the cryptocurrency ecosystem.
Altseason Alert: Best Wallet ($BEST) Raises $13.8M as Presale Hype Grows
With Bitcoin stealing the spotlight, smart investors know what usually comes next: altcoins start to run.
And during these phases,(ICOs) often deliver the biggest upside.
One standout right now is, which has already raisedas momentum builds.
The project has successfully raised $13.88 million during its ongoing presale phase, offering tokens at discounted rates before exchange listings.
Best Wallet Token (BEST) provides support for 60 different blockchains and delivers in-wallet benefits, streamlined DeFi access, and integrated swap functionality designed for the next generation of on-chain adoption.
Head to the Best Wallet website and connect your wallet to buy $BEST at its discounted price before the presale event ends.
You can download the Best Wallet app if you don’t have one and you can make your investment by either swapping crypto or by using a debit or credit card.
