cardano is up over 130% but now everyone has this big question how high can it go some datto back predictions suggest it could reach anywhere between $1 and $6 by July of 2025 this would double its previous all-time high of three bucks but what's the truth can it actually reach $6 like reasonably there's tons of news coming out ranging from Wales hopping on board to bitcoin Partnerships and I'm going to cover everything you need to know and do an objective analysis cardano it's been Making Waves obviously it was recently voted as the most serious Contender
to Dethrone ethereum according to a poll with 27,000 participants and more impressive than that is cardano is rapidly approaching a milestone of 100 million transactions just showing how widely used this project has been but who's making all these transactions the cardano community cardano's brand doesn't get talked about enough here we can see an analysis of the intimacy scores of the strongest brands in the world this is a third party anal we see the obvious contenders Disney Apple Netflix YouTube but coming in at number 26 the 26 most valued brand in the world is none other
than cardano cardano actually ranked higher than HBO and it's the highest ranked crypto even more than Bitcoin it's nuts to think about and I only see that getting stronger but when it comes to price there's a couple factors that are really driving things here the reasons why this thing's really surging first cardano's founder Charles hoskinson he's aiming to set up shop in some capacity in Washington his goal is to drive new crypto policies and take down regulation that has been really holding back the crypto industry and holding back other industries from holding crypto he's aiming
to work with the US government so this is a massive deal if he's successful it's going to mean a lot of press for cardano and a lot of capital flowing into the cardano ecosystem and Goodwill for crypto so you know high tide raises All Ships this would help not only cardano but crypto in general which helps cardano that's part of the bull case good press on a project with excellent reputation plus huge Capital inflows you do the math you do the calculations what's your price predictions we're already seeing some of the results I'm going to
reveal my portfolio gains later in this video it's been crazy like the last month has been insane for my portfolio now I do have to be honest though the more I look at cardano the more it makes sense but $6 is that really possible like that's a huge gain from here on an asset that's already worth multiple billions of dollars so let's look at the facts in it's last Bull Run cardano didn't have that much going on for so it was exciting the fact that they were about to get smart contracts and it still reached
three bucks now a lot has changed since then now it has a massive passionate Community 26 largest brand in the world and has these countless projects and businesses that are built on the ecosystem all this is best exemplified by this tweet this guy Alex sold his house and worked using free Starbucks Wi-Fi just to develop a useful app for cardano it seems to have paid off on top of this we've got the ongoing voler update this update allows holders of cardano to directly govern the ecosystem this is a truly decentralized crypto ecosystem now that's one
of those boring things that people don't really talk about when they're like hyping up a coin because it's not like sexy it's not exciting but it's truly important for something to have a lifelong value within the ecosystem the fact that users are actually in control of the thing and next we haven't even talked about the biggest piece of news of all cardano has secured a role as bitcoin's first layer 1 defi we cannot understate how big this is but for some reason I haven't seen a good explanation of why this matters so much so picture
this imagine cardano as a thriving City a thriving city with a nice robust local economy it has various services and opportunities for its residents however this city of cardano is somewhat isolated now Envision Bitcoin as a massive Metropolis known for its immense wealth and resources but it lacks some diverse services and infrastructure there's like the City of Gold but they're kind of in the Stone Age a little bit the recent integration between cardano and Bitcoin is like building a bridge between those two cities this bridge is going to allow the free flow of resources between
both of the Cities now for cardano residents this means access to greater wealth because that bridge enables cardano City to tap into bitcoin's liquidity and massive Financial opportunities more than a trillion dollars in Bitcoin sitting there that isn't really being used in Defi and for Bitcoin residents this means access to better services and tools that they simply don't have at present so it's a win-win and I mean this could be it's very exciting so there's a lot going on but $6 does that make sense one positive sign is the amount of ADA whale transactions last
week they absolutely skyrocketed data from into the block suggests that 63% of ADA transactions were in excess of $100,000 and just under 20% of the tokens were held by Wales all this just points towards the fact that people with money seem to be putting their money into cardano and then of course we take all this cardano news in conjunction with the fact that Bitcoin itself has just been extremely bullish in its price action optimism in general in the crypto Market has been going up and up and up which is great to see when we've had
years of kind of Doom and Dread with a few little Peaks it seems like we're finally on the way out of that into a true market and this is leading analysts to predict cardano's price following previous Trends they think it's going to mirror its previous cycles of growth leading to huge jumps in price from where we're at right now another analyst named Ally Martinez posted a chart predicting Ada might reach that alltime high of $6 as early as July to September of next year an over 800% increase where we're sitting right now even more if
you calculate from like you know a month back which would be insane now this sounds big but hoskinson himself is so bullish that he thinks Ada is going to surpass e and Bitcoin I mean that would be amazing but alli's more realistic analysis well it's humble in comparison anyways is based on cardano achieving a similar recovery rate from its lowest level four years ago back then cardano dropped as low as 3 Cents Only to pull off an insane recovery back to its all-time high of $3 so Martinez the analysis here suggests that this can and
will happen again which would make for an insane 2025 for cardano holders and to top that off for whatever this is worth AI also seems to think cardano is going to hit six bucks so people have been making tons of money in crypto profits like this this and this have been popping up all over fova it's been a great time my personal portfolio is up over $800,000 in the last year and this is thanks to just a few calls I've made on fova like this 400% gain on soie just a few months ago that call
would have been yours if you were just a member of fova because of this I'm going to do something special also to celebrate cardano pumping so hard I'm going to give away 1 month completely free of fova this will only go to the first 100 people who sign up and use the code cardano once that runs out though it runs out so grab that while you can I've never done this before and I also haven't even told you about the best part of fova this is Kyle he's our head of research he is the resident
trading genius his portfolio just broke $3 million which is absolutely insane when you realize he started with only $26 Dollar in his portfolio just a few years ago he made that money through slowly trading and trading his way up and being extremely risk averse the entire time so you get to see every single one of his trades in real time as well on fova and members have been using his techniques to make profits like this this this and this so you can get all that and so much more in the description below one month totally
free but back to cardano another rumor that's been floating around that might add fuel to the cardano fire is plans for an evote platform this would be a blockchainbased voting system that's used to cut through any chance of voter fraud this would appeal to Trump who's been you know vocal about his complaints about voter fraud and so far cardano and Har will be supposedly working with X on a similar system that said not everyone is optimistic about cardano hitting new all-time highs some analysts have compared its price action unfavorably to which has seen a massive
pump nearing its all-time high and seems to have much more strength to reach new all-time highs where Ada might be struggling to reach even half of its all-time high likewise a has been looking overbought recently which can trigger price Corrections when people or whales start taking profits but as of right now looking at the price chart cardano smashed through its 57 Cent resistance line so maybe the Bears are wrong maybe cardano is tougher than they think it is more good news comes in the form of Partnerships though this time with ripple hoskinson praised the Ripple
CEO as a great CEO and described their meeting as extremely collaborative Ripple is a popular global payment and financial infrastructure so a partnership here could open a lot of doors for cardano so garlinghouse CEO of Ripple has said that Rising Tides lift all boats that's what I said earlier and called for a crypto Unity against regulatory pressure which is really the better way to think about this not crypto versus crypto it's cryp versus the established system that just as isn't as good as it could be so given hoskinson's goal of repealing SEC rules and pushing
more crypto positive legislation a partnership here could do more for crypto than just cardano's price in more positive news Robin Hood has now added cardano for trading on his platform this is another good sign that you know cardano is getting more widespread in its adoption but after Robin Hood's Behavior with GameStop I don't know if i' trust them with my money that that's up to you do what you ever want to do but what do I think about cardano's chances of hitting $6 well $6 is ambitious but based on what I'm seeing here if hoskinson
can make the moves that he's going to if the community can take this momentum and really ride with it we could be in for a wild 2025 so strap in subscribe and I'll see you next time [Music]
