Cardano (ADA) is currently one of the top-performing assets in the top 10, posting impressive 30-day gains of nearly 62% as it rapidly approaches the key $1 level. This strong rally supports a bullish Cardano price prediction, with momentum clearly building behind the move.
Trading volume for ADA has jumped 20% in the past 24 hours and now accounts for 8% of the token’s total market cap — a sign of growing participation from both retail and institutional players.
Investor sentiment has also flipped bullish, with the Fear and Greed Index climbing to 67, reflecting a market now firmly in “greed” territory.
Open interest in ADA futures has surged to a record high of $1.7 billion, surpassing the previous peak set in September 2021 by nearly $200 million, according to data from CoinGlass.
This spike in trader interest may be linked to the recent passing of the Genius and Clarity Acts in the United States, which has energized the market and improved the long-term outlook for major digital assets like Cardano.
In addition, there have been reports that Cardano recently incorporated Apple Pay support for its decentralized apps (dApps) via the CardanoKit.
These rumors have not been confirmed by official channels but they have gained significant traction in the past few hours.
Cardano Price Prediction: ADA Could Be On Track to Surpass the $1 Mark Soon
ADA is flashing multiple bullish signals, aligning with similar patterns seen across the broader crypto market.
The token has broken above a key resistance level at $0.85, reinforcing its upward momentum.
At the same time, the 9-day and 21-day exponential moving averages (EMAs) have crossed above the 200-day EMA — a classic bullish crossover and a strong buy signal that often precedes a significant upward move.
This breakout was preceded by a golden cross between the 9-day and 21-day EMAs and marked a clear trend reversal, strengthening ADA’s bullish momentum.
A realistic Cardano price prediction now targets the next key liquidity area at $1.18 — representing an upside of nearly 34% from current levels.
Could ADA reach $10? That would require its market cap to surpass $300 billion, making it the third-largest crypto asset, overtaking Solana (SOL).
While flipping Solana may be difficult due to Cardano’s relatively small DeFi footprint — with only $300 million in total value locked (TVL) compared to Solana’s $9 billion — bullish conditions could help ADA close the gap.
As technical indicators remain in ADA’s favor, further gains seem likely, especially if broader market momentum continues.
For traders looking to capitalize on this bull run, a new platform called CoinFutures now allows users to place leveraged bets on major tokens like Cardano (ADA), Bitcoin (BTC), and Ethereum (ETH).
CoinFutures Offers 1000X Leverage and an Auto Trading Feature
CoinFutures lets traders earn from accurately predicting how the price of cryptocurrencies will perform in the future.
Trading in a bull market becomes more accessible, though profits are never guaranteed.
CoinFutures offers a price multiplier feature that gives you increased exposure to your favorite asset — up to 1,000x your initial investment.
Currently, the platform supports BTC, ETH, DOGE, TRX, and LTC, with ADA and SOL expected to be added soon.
You can choose between paying a flat fee per trade or a percentage of your profit, and the Auto Trade mode helps manage risk by automatically locking in gains and limiting losses.
You can make your initial deposit at CoinFutures using USDT, ETH, and other tokens or a credit or debit card.
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