Cardano (ADA) is projected to surpass $3.50 during an anticipated Wave 3 rally, according to analyst Migoreng_wrap on TradingView. The cryptocurrency has been in a corrective phase since December 2024, with expectations that Wave 3 will break its previous all-time high of $3.10.
Additionally, the Cardano Foundation's stablecoin initiative is viewed as a potential driver for DeFi expansion in 2025 and 2026, further supporting ADA's bullish outlook.
Cardano Forecasted to Exceed $3.50 Amid Wave 3 Rally
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
