Cardano (ADA) is back in the spotlight, rallying 7.5% in the last 24 hours to trade above $0.82. Despite this recent surge, ADA is still down 73% from its all-time high of $3.10, which was set in September 2021. However, bullish predictions and growing institutional interest could fuel a much larger rally.
Investing Broz Predicts $7 ADA Price – An 800% Surge Incoming?
In a recent analysis, Investing Broz projected that Cardano could see an 800% price increase, pushing ADA to $7 in the next bull market.
If the U.S. government chooses Cardano as the blockchain of choice to track its $7 trillion budget, ADA could hit a $250 billion market cap, translating to a $7 price point – almost a 9X from current levels.
JUST IN: Investing Broz says “I think there’s a good chance $ADA surpasses Dogecoin and USDC. #Cardano could hit a $250B Market Cap. That would bring the price towards $7.00.” pic.twitter.com/HwsK3n9BDX
— Angry Crypto Show (@angrycryptoshow) February 16, 2025
Cardano currently holds the #9 spot by market cap, but analysts believe it could surpass Dogecoin and USDC, potentially vying for the #6 or #7 position during the next bull market.
CoinCodex Prediction: ADA to Hit $1.50 by May 2025
While some analysts forecast a $7 ADA price, CoinCodex’s price prediction offers a more measured but bullish outlook. Our algorithm predicts that Cardano could peak above $1.50 by May 2025, representing a 180% increase from current prices.
CoinCodex ADA Forecast:
- $1.50+ by May 2025
- Sustained growth expected as adoption increases
This prediction aligns with Cardano’s ongoing development, network upgrades, and rising institutional interest.
Charles Hoskinson Proposes Cardano as Audit Layer for U.S. Treasury
Charles Hoskinson, founder of Cardano, recently proposed using the Cardano blockchain as an audit layer for the U.S. Treasury’s $7 trillion budget. This proposal could bring unprecedented transparency to government spending and position Cardano as a leading blockchain for institutional use cases.
Cardano offers a secure, scalable solution for auditing complex financial systems like the U.S. Treasury budget, providing real-time transparency and reducing fraud.
If adopted, this use case could significantly boost ADA’s utility and demand, supporting long-term price appreciation.
JUST IN: #Cardano $ADA Founder Charles Hoskinson says “we could trust blockchain as an audit layer for the US Treasury. It would be tremendously valuable, with AI on top to look for waste, fraud, and abuse. Structured the right way: auditable, transparent, with an AI system.” 🇺🇸 pic.twitter.com/m3J2n6yWBy
— Angry Crypto Show (@angrycryptoshow) February 15, 2025
Cardano ETF Filing by Grayscale Adds to Bullish Momentum
Recently, Grayscale filed for a Cardano ETF, marking its first standalone ADA investment product. This move could attract institutional investors to the Cardano ecosystem, similar to the effect seen with Bitcoin ETFs.
Final Thoughts: Can Cardano Hit $7 This Cycle?
With bullish price predictions, potential U.S. Treasury adoption, a pending ADA ETF, and CoinCodex’s forecast of $1.50 by May 2025, Cardano’s future looks promising.
Key Takeaways:
- ADA rallies 7.5%, now trading at $0.82
- Investing Broz predicts $7 ADA (800% surge)
- CoinCodex forecasts $1.50 ADA by May 2025 (180% increase)
- Hoskinson proposes Cardano as U.S. Treasury audit layer
- Grayscale files for Cardano ETF, boosting institutional interest
With these developments, could Cardano finally break out and hit new all-time highs?
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Source: https://coincodex.com/article/63243/cardano-rallies-75-analysts-predict-7-ada-in-next-bull-run/