Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Menu

Categories:

Hot right now:

Follow on:

Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

Cardano Price Prediction: Hoskinson Predicts $3, $5 and $10 ADA Soon

Share This Post

The post Cardano Price Prediction: Hoskinson Predicts $3, $5 and $10 ADA Soon appeared first on Coinpedia Fintech News

Charles Hoskinson, the founder of Cardano, has made bold predictions for ADA. According to him,if the Input Output Cardano Roadmap is completed successfully, the value of ADA could soar to new highs, possibly $3, $5, or even $10 per ADA. 

However, he added that the Cardano community’s willingness to support and contribute to the roadmap’s demands will play a key role in achieving this vision.

Earlier, Hoskinson made headlines and claimed that scaling of the original roadmap was completed and the IOG was currently working on advanced scaling solutions. He also explained that these projects are at risk and without guaranteed funding, it could lead to IOG’s departure.

Community members questioned how the contract could be considered complete if scaling wasn’t fully delivered. Additionally, concerns about Cardano’s governance and funding model were also raised.

Hoskinson criticized the community’s push for decentralized decision-making and “competitive bids,” explaining that this approach disadvantages developers in high-cost Western countries.

Cardano Holds Steady At $0.70 Levels

Cardano is currently trading at $0.7241, up over 3% in the past day. Cardano has managed to hold steady at the $0.70 level. If ADA manages to stay above $0.70, it could target the next resistance at $0.764, potentially aiming for $1. However, if it drops below $0.70, the next support levels are $0.674 and $0.60.

Hoskinson recently announced that the team is developing a Bitcoin bridge and integrating Bitcoin support into Cardano’s Lace wallet. This integration will allow Bitcoin-powered DeFi applications on Cardano, enhancing interoperability and expanding the ecosystem.

Cardano ETF Soon?

Grayscale has been increasing its ADA holdings, and the odds of an ADA ETF approval have increased from 20% to 55% on Polymarket. Grayscale had previously filed for a spot Cardano ETF with the New York Stock Exchange (NYSE). The U.S. Securities and Exchange Commission (SEC) has acknowledged the filing but has not yet approved it. A decision is expected by August 2025. 

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Ethereum Eyes $5,500 Amid Illiquid Supply Crunch And ETF Momentum

Following a rejection at $4,946 on August 24, Ethereum (ETH) is now trading in the low $4,000 level However, some analysts are still hopeful that ETH is likely to surge beyond $5,000 in the coming

World Gold Council Unveils Wholesale Digital Gold to Transform Global Trading

A landmark digital gold initiative is set to transform the global bullion market, merging physical ownership with digital efficiency to elevate London’s role in precious metals trading Industry

Bitcoin Price Recovery Underway – But Momentum Tells a Different Story?

Bitcoin price is attempting a recovery wave above $111,000 BTC is now rising and might gain pace if it clears the $112,500 resistance level Bitcoin started a recovery wave above the $111,200 zone The

SEC And CFTC’s New Joint Crypto Initiative–What You Need To Know

On Tuesday, the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) issued a significant joint statement that clarifies the regulatory landscape for spot

ABTC On The Rise: Trump-Backed American Bitcoin Enters Nasdaq Trading

American Bitcoin, a new cryptocurrency mining venture supported by Eric and Donald Trump Jr, made its debut on Nasdaq on Wednesday under the ticker symbol “ABTC”  This launch marks the Trump

Ray Dalio Breaks Down US Dollar Decline as Crypto Strengthens Reserve Potential

The threat to the US dollar’s reserve currency status is accelerating a flight to crypto and gold, underscoring deepening fiscal cracks spotlighted by Bridgewater Associates founder Ray Dalio Ray