Cardano (ADA) is back in the spotlight after a rough week in the market.
The smart contract platform has seen its price drop to around $0.7584, marking an 8.38% decline over the past 7 days. With the Relative Strength Index (RSI) hovering below 43 and showing signs of weakness, short-term momentum appears bearish. However, long-term sentiment remains optimistic—especially as AI-powered models like Perplexity forecast a potential resurgence in 2025.
Despite recent market struggles, ADA continues to hold a strong position in the top 10 cryptocurrencies, boasting a market cap of over $26.8 billion. Analysts point to its historical resilience, past all-time high of $3.01, and ongoing development in the Cardano ecosystem as key factors driving interest.
What Perplexity Predicts for 2025
Perplexity’s machine learning models suggest ADA could climb back toward the $2.00–$2.50 range by mid-2025, driven by broader altcoin recovery cycles, continued staking growth, and network activity expansion. Under more bullish market conditions, some projections even show a retest of its $3.01 all-time high by late 2025.
The forecast hinges on macroeconomic improvements and wider crypto adoption—particularly in DeFi, where Cardano is aiming to compete more directly with Ethereum and Solana.
Technical Picture: Still in Accumulation?
Looking at the chart, ADA appears to be consolidating just above a critical support zone near $0.70. The RSI on the 2-hour chart (around 42.54) hints that the asset is nearing oversold conditions, which often precede local rebounds. If bulls manage to hold this level, a recovery toward $0.85 and higher remains in play.
However, if sellers continue to dominate, a slide below $0.70 could open the path to deeper corrections before any sustained uptrend resumes.
Bottom Line
Cardano’s long-term potential remains intact, according to Perplexity AI, even as short-term volatility shakes retail confidence. While it’s still far below its $3.01 peak, growing on-chain activity and future upgrades could reignite bullish momentum in 2025. For now, ADA might just be in the calm before the next big surge.
Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
Source: https://coindoo.com/perplexity-ada-price-prediction-for-2025/