Cardano ADA News: Analyst Predicts Significant Price Drop by 2025, Investors Alerted

As investors closely monitor the Cardano price, an analyst's prediction of a substantial decline to $0.20 by 2025 has sparked concerns. This potential extreme loss scenario urges investors to reassess their strategies. Amidst this, Remittix, a new crypto token offering innovative daily crypto payment solutions, emerges as an attractive option. Read on for more details.

Cardano Price Prediction: Analyst Forecasts Extreme Losses by 2025

Investors are closely watching the Cardano price as one analyst predicts a significant drop to $0.20 by 2025, potentially causing extreme losses. This news raises concerns among investors who may need to reevaluate their positions. Meanwhile, a new crypto token, Remittix, is gaining attention due to its innovative solutions for daily crypto payments. Its current price is considered attractive, and experts are calling it a top crypto to buy.

Cardano ETF Approval Boosts ADA's Breakout Potential

The approval odds for a Cardano Spot ETF have sparked renewed investor interest in Cardano (ADA), potentially leading to a major price surge. As of February 16, 2025, ADA was trading at $0.7990, marking a 3.6% increase in trading volume over the past 24 hours and a 12% surge over the last week. The recent filing by Grayscale for the Cardano Spot ETF is one of the driving forces behind this surge.

Grayscale Files for Cardano (ADA) ETF, Fueling Excitement and Price Surge

The cryptocurrency market witnessed an interesting development as Grayscale, a major company in the crypto space, filed for a Cardano (ADA) exchange-traded fund (ETF) known as GADA. This move fueled excitement around Cardano, the native token of the Cardano blockchain, and its potential for increased institutional adoption. The price of ADA soared by nearly 20%, rising from $0.663 to $0.83 per coin, as investors and traders became optimistic about the Cardano ETF paving the way for further growth and mainstream acceptance of the cryptocurrency.

Cardano (ADA) Bulls in Action—Is a New Upside Run Beginning?

Cardano price started a fresh rally above the $0.750 zone, indicating bullish momentum. The coin is now consolidating gains and might aim for a further move above the $0.80 level. The price broke above key resistance levels, surpassing $0.720 and $0.750, and is currently trading above these levels and the 100-hourly simple moving average. A notable break was observed above a bearish trend line with resistance at $0.770 on the hourly chart of the ADA/USD pair. If Cardano clears the $0.80 resistance zone, another increase could be on the cards.

Cardano Price Climbs Above $0.750

After establishing a base above the $0.720 level, Cardano embarked on a fresh rally, outperforming Bitcoin and Ethereum. The coin successfully cleared the $0.750 and $0.80 resistance levels, even surging above $0.820. A high was formed at $0.8286 before experiencing a downside correction. This upward momentum signals a potential continuation of the bullish trend for Cardano in the near future.