Bitcoin recently crossed $110,000 for the first time, and the crypto world is excited as altcoins are expected to follow this notable surge.

As of May 24, 2025, Cardano (ADA) is trading at $0.76, marking a decline of over 7% in the past 24 hours. Despite this short-term volatility, the community is eager to see how high it can climb by the beginning of June.

Bitcoin (BTC) recently crossed $110,000 for the first time, and the crypto world is abuzz with anticipation for altcoins to follow suit.

As of May 24, 2025, Cardano (ADA) is trading at $0.76, showing a decline of over 7% in the past 24 hours. Despite this short-term volatility, the community is keen to see how high it can climb by the beginning of June.

To gain insight into ADA’s potential trajectory, we consulted OpenAI’s ChatGPT for a prediction of ADA’s price by June 1, setting a target range of $0.72 to $0.82.

Current Price Trend and Outlook

Cardano (ADA) has been ping ponging in a relatively narrow band between $0.7 and $0.83 over the past month. According to ChatGPT, the coin is “in a sideways-to-slightly-bullish pattern with no major breakout yet.” This indicates a market lacking strong momentum but showing resilience above its lower support levels.

Lack of decisive trend suggests that investors are waiting for clearer signals, perhaps from Bitcoin’s price movements or broader economic developments.

In a bullish scenario, where altcoins respond to Bitcoin’s growth with strong trading volume, ChatGPT predicts ADA could reach between $0.85 and $0.90. However, if negative sentiment intensifies due to macroeconomic factors like regulatory developments or interest rate changes, ADA could fall to a range of $0.65 and $0.68.

Market Sentiment and Broader Conditions

ChatGPT noted that the general sentiment across the cryptocurrency market is “cautiously optimistic heading into the summer.” With Bitcoin dominance remaining substantial, altcoins like Cardano tend to move more slowly in response to bullish momentum.

As a result, ADA is expected to “continue slowly climbing unless there’s a sharp macro shift.”

ChatGPT also noted that no significant upgrades or releases are expected within the Cardano ecosystem before June 1 that could cause rapid growth.

Potential bullish catalysts

Historically, years following Bitcoin halvings have been favorable for altcoins. The last halving occurred in April 2024, setting the stage for potential growth in 2025. However, the AI-powered chatbot emphasizes that June may still be preparatory.

Cardano creator Charles Hoskinson is also working to expand the network by collaborating with Bitcoin and XRP. If these partnerships pay off, the asset could experience significant growth.

Cardano has also made substantial strides in 2025, and despite its lack of momentum over the past few months, these upgrades and changes could soon start contributing to its growth.