Cardano (ADA) eyes $3.50 as momentum builds and ETF optimism rises. Analysts see ADA regaining strength, while Remittix gains traction in real-world payments.Cardano (ADA) eyes $3.50 as momentum builds and ETF optimism rises. Analysts see ADA regaining strength, while Remittix gains traction in real-world payments.

Cardano Price Prediction: ADA Targets $3.50 As Ecosystem Expansion Continues, Will 2025 Deliver Record Highs?

2025/10/24 17:45
cardano55

Cardano is back in the spotlight, and analysts believe it could reach $3.50. Despite the recent crash, ADA’s recent action suggests growing momentum and investor confidence. Also, because of the optimism surrounding possible ETF developments, many now wonder whether 2025 could be the year ADA becomes the best crypto to buy.

ADA’s Technical Setup Points to Possible Breakout

ADA’s price is currently $0.639. The token is also now trading in a symmetrical triangle, which shows its next target at $0.77 and potential drop to around $0.60. Generally, this pattern is a sign that there would be a potential price increase. For ADA, passing $0.77 could allow it to reach $0.82 and possibly $0.92.

chart99879 1

Source: TradingView

Coinglass data also shows ADA experiencing persistent negative spot netflows throughout October, including a $1.34 million outflow on October 23. Typically, this means that investors are being cautious. Yet, some analysts argue that such periods often come before a price increase. Technical specialist Dan Gambardello also recently highlighted that ADA may have reached its lowest, saying that all that can happen now is a mega price increase.

Why Analysts See ADA Hitting $3.50 or Higher

chart99879 2

Source: bebush on TradingView

Crypto Jebb, a respected analyst, believes ADA could surpass its 2021 all-time high of $3.10 and potentially reach $5 by December if the current uptrend aligns with ETF approval rumors. Despite being down roughly 78% from its peak, ADA’s fundamentals remain solid. Over 59% of all tokens are staked, and this shows user loyalty and the strength of its proof-of-stake model. 

Overall, analysts are optimistic about ADA’s next moves. They believe that if the token can pass $0.75, analysts believe that it can reach the $3 target. From there, momentum could carry ADA toward the next key targets near $3.50 and $5.

What’s New on The Market?

Remittix664262

Aside from Cardano, one of the tokens gaining attention is Remittix, a fast-growing DeFi project designed to bridge blockchain with real-world payments. The project has raised $27.7 million through the sale of 680 million tokens at $0.1166 each, backed by over 30,000 investors worldwide.

Remittix’s strong fundamentals and successful CertiK audit add credibility to its mission to power global cross-border transactions with low gas fees and seamless fiat conversion. As ADA and other established networks fight to reclaim lost highs, investors looking toward the next 100x crypto are beginning to recognize projects like Remittix as real contenders.

Could 2025 Be Cardano’s Breakout Year?

Remittix

Cardano’s technical outlook remains optimistic, especially if catalysts like the ETF decisions happen. As long as the token passes $0.75, it could reach $3.50, restoring ADA’s position among the top performers in the market. And while ADA looks to reclaim its throne, Remittix continues to prove that newer altcoins can also be in the race for the next 100x crypto.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/

Socials: https://linktr.ee/remittix

$250K Giveaway:https://gleam.io/competitions/nz84L-250000-remittix-giveaway

This article is not intended as financial advice. Educational purposes only.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Ledger’s Multisig Update Draws Crypto Backlash Over Fees and Privacy Concerns

Ledger’s Multisig Update Draws Crypto Backlash Over Fees and Privacy Concerns

The post Ledger’s Multisig Update Draws Crypto Backlash Over Fees and Privacy Concerns appeared on BitcoinEthereumNews.com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → Ledger’s new multisig feature enables secure multi-party transaction approvals through its backend, but it introduces per-transaction fees starting at $10, sparking widespread criticism from the crypto community for prioritizing profits over open principles. Ledger Multisig Feature: Allows multiple signers to verify transactions securely without third-party tools. The update coincides with the launch of the Nano Gen5 device and a revamped wallet app, enhancing user interface but excluding older models like the Nano S. Backlash centers on new fees—$10 flat for crypto transfers and 0.05% for tokens—viewed as a departure from Ledger’s community-focused roots, with over 6 million units sold historically. Discover Ledger’s controversial multisig feature rollout and community backlash. Explore fees, new hardware, and privacy concerns in this 2025 update for secure crypto storage. What is Ledger’s New Multisig Feature? Ledger’s multisig feature is an integrated system that lets multiple users sign and verify cryptocurrency transactions directly through the company’s secure backend, eliminating the need for external open-source tools. Released in 2025 alongside the Nano Gen5 hardware wallet and an updated app, it aims to simplify multisig processes while…
Share
2025/10/25 07:31