Cardano Bucks the Bearish Trend: Is a 70% Surge Imminent as On-Chain Activity Explodes?

While the broader crypto market stumbles, Cardano (ADA) is flexing its resilience—and its blockchain metrics hint at explosive upside potential.

The On-Chain Engine Revving Up

Network activity doesn’t lie. Despite the market-wide pullback, Cardano’s chain data shows surging transactions, active addresses, and staking participation. Traders ignoring these signals might regret it when the algo traders pounce.

70% or Bust? The Trader Psyche Play

Price targets get thrown around like confetti in crypto, but the 70% rally chatter isn’t just hopium. Key resistance levels are crumbling, and liquidity pools are stacking up on the buy side. Even the skeptics are side-eyeing their short positions.

Wall Street’s Watching—And They’re Late as Usual

Institutional flow indicators are perking up, though traditional finance is still busy ‘discovering’ what retail traders nailed three years ago. Meanwhile, decentralized governance keeps ADA’s roadmap ticking—no boardroom bottlenecks here.

Cardano’s not just surviving the dip; it’s priming for a sprint. Whether the 70% surge materializes depends on who blinks first: the profit-takers or the FOMO crowd. Either way, the chain’s telling a bullish story—and smart money’s listening.

Cardano (ADA)’s Technical Breakout Points to 70% Upside

Market analyst Ali Martinez notes that ADA has finally broken out of a descending channel that’s been in place since its December 2024 peak at $1.32. This MOVE mirrors price action from the 2020–2021 cycle, when ADA consolidated in a similar pattern before rallying to an all-time high of $3.09.

With the breakout confirmed above $0.84, Martinez projects a potential 70% run toward $1.50. Other analysts, like crypto Yhodda, point to the repeating pattern from the last cycle, suggesting ADA could next target $1.80 before attempting a breakout toward new multi-dollar highs.

Key support now lies between $0.80 and $1.00, with a sustained close above $1.02 likely confirming the next leg upward. Should bullish momentum hold, upside targets include $1.20, $1.50, and potentially $3.10 in a multi-month rally.

ADA’s fundamentals are also backing the bullish case. On-chain activity has surged to 2.6 million daily transactions, with low fees of $0.12 enabling mass adoption, especially in emerging markets.

The ADAV2 upgrade, featuring zero-knowledge smart contracts, decentralized governance, and Hydra scaling up to 1 million TPS, is attracting enterprise interest.

Institutional adoption is accelerating as well. Grayscale has increased ADA’s allocation in its Smart Contract Platform Ex-Ethereum Fund to 20%, and the SEC is reviewing a dedicated ADA ETF. A favorable decision could unlock billions in inflows, mirroring Ethereum’s post-ETF rally.

With technical breakout patterns aligning with on-chain strength and growing institutional interest, Cardano’s 2025 rally may be far from over.

If current support zones hold, ADA could be poised for a 70% surge, challenging key resistance levels and potentially redefining its place among top altcoins.

Cover image from ChatGPT, ADAUSD chart from Tradingview