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Cryptocurrency News Articles

5 Big Reasons Why Cardano (ADA) Price Could 10X This Cycle

May 02, 2025 at 04:30 pm

5 Big Reasons Why Cardano (ADA) Price Could 10X This Cycle

The Cardano price has been mostly trading sideways in the $0.66-$0.73 range during the ongoing market recovery. However, Tony from Journey Crypto YouTube channel, known for his viral content, recently posted a video highlighting the Cardano price potential, which could lead to a 10x move in the ADA token.

Considering their huge number of subscribers of closely 600k, let’s explore top 5 reasons why ADA price could do 10x, per Tony’s analysis:

1. The Revolutionary “Laos” Upgrade

The Cardano “Laos” upgrade is a groundbreaking event that will transform the network’s capabilities. It promises Solana-level transaction speeds while maintaining full decentralization, something most fast blockchains sacrifice.

Cardano’s track record speaks for itself – zero network downtime in 7 years shows just how solid its architecture is. The Laos upgrade is also designed to be resource-efficient, running on just 2-4 processor cores. This minimizes infrastructure requirements while still delivering high performance.

The upgrade specifically targets scalable DeFi and NFT applications, positioning Cardano to compete directly with faster chains like Solana but with stronger security guarantees.

2. Growing NFT Ecosystem and Adoption

Cardano’s NFT ecosystem is expanding quickly. Journey Crypto itself is migrating 10% of their NFT collection to Cardano, with a public mint scheduled for May 13th.

Hundreds of projects are now building on Cardano, bringing their communities and users along with them. This growing ecosystem creates a network effect that increases the utility and demand for ADA tokens.

The NFT adoption on Cardano shows that creators and collectors are looking beyond Ethereum and Solana for lower fees and more sustainable platforms. As more NFT projects launch on Cardano, ADA will likely see increased buying pressure.

3. The Strategic Midnight Airdrop

The Midnight airdrop could bring millions of new users to Cardano. This new privacy-focused chain will add much-needed confidentiality features to the Cardano ecosystem.

Two new tokens called Knight and Dust will be part of this airdrop. The team plans to target users who already hold tokens on other major blockchains like XRP, ETH, BTC, and SOL.

One of the most exciting features is chain abstraction technology. This means users won’t need to convert their tokens when moving between chains. You can simply use your existing tokens without any complicated swaps or bridges.

This makes using different blockchains much easier for average users. The privacy features will also attract people who want to keep their transactions confidential for legitimate reasons.

4. Institutional Adoption and Government Signals

Institutional interest in Cardano appears to be growing. Rumors suggest Charles Hoskinson may be collaborating with Trump’s team, and ADA was reportedly included in Trump’s “National Crypto Reserve” announcement.

Cardano-focused ETFs seem increasingly likely in 2025, with prediction markets showing greater than 70% odds on Polymarket. This would open Cardano to institutional investors who can only gain exposure through regulated investment vehicles.

Cardano’s US origins provide a potential geopolitical advantage as governments become more involved in cryptocurrency regulation. Being seen as an “American blockchain” could reduce regulatory hurdles compared to other projects.

Read also: Here’s the Possible Cardano Price if an ADA ETF Captures 5% of Bitcoin ETF Inflows

5. Strategic Ripple and Bitcoin Partnerships

Strategic partnerships are expanding Cardano’s reach and utility. A Ripple-Cardano collaboration was recently teased via an official Ripple post, potentially connecting two major blockchain ecosystems.

The Cardano-Bitcoin integration is particularly significant. It enables smart contracts on Bitcoin and allows users to transact with BTC while using ADA as gas. This creates a powerful bridge between the world’s largest cryptocurrency and Cardano’s advanced features.

The Cardano Lace Wallet now supports multiple chains including Bitcoin, creating a seamless experience for users. This multi-chain approach positions Cardano as an integration layer rather than just another isolated blockchain.

As Bitcoin continues to gain mainstream adoption, Cardano’s integration with it could funnel new users and capital into the ADA ecosystem. This symbiotic relationship could drive significant growth for both networks.

Industry analysts forecast the ADA price reaching $3-$5 in the short term, with potential targets up to $14 by 2025. The combination of technological advancements, growing adoption, and strategic partnerships creates a compelling case for ADA’s potential to deliver 10x returns in the current market cycle.

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Other articles published on Jun 10, 2025