| Cryptocurrency | Price (USDT) |
|---|---|
| BTC | $107300.1000000000 |
| ETH | $2429.9710000000 |
| BNB | $645.6191000000 |
| XRP | $2.1993480000 |
| ADA | $0.5621588000 |
| SOL | $147.2973000000 |
| DOGE | $N/A |
| DOT | $3.3606800000 |
| LTC | $86.1851000000 |
| LINK | $13.2015200000 |
Category: CRYPTO NEWS
The post Cardano (ADA) Price May Still See 14% Breakout If This Happens appeared on BitcoinEthereumNews.com. The price of Cardano (ADA), the 10th-largest cryptocurrency by market capitalization, is currently down on the daily and weekly charts. However, historical records show that ADA has a chance to rally 14% this month. April is one of ADA’s most profitable months in the past. While previous performance does not always align, it provides insight into possible market sentiment. Cardano Historical Records in April An analysis of historical performance from Cryptorank shows that April has occasionally produced outstanding returns for Cardano. According to Cryptorank data, ADA’s average price increase over the past nine years is pegged at 14.6%. ADA price registered the highest growth rate in April 2018, soaring by a staggering 119.2%. The second-highest growth occurred in 2020, with returns reaching 55.9%. The next year, 2021, saw ADA experience a 13.4% price surge. After this rally, the price of Cardano witnessed a three-year streak of poor April performances from 2022 to 2024. The asset recorded negative growth figures of 33.7%, 0.3%, and 32.2%, respectively. This represented the longest stretch of low performance for ADA in April. Image Source: Cryptorank So far, in April 2025, ADA price is down 6.8%. However, the altcoin still has a few days to catch up with its monthly average. Future network improvements, general market dynamics, or macroeconomic factors that favor the crypto industry could all contribute to this optimism. Notable among these is the Cardano 2025 proposal, which is now live. The proposal focuses on improving scalability using an upgraded version of its consensus protocol, Ouroboros Leios. Cardano News: The Intersect Milestone in 1 year Intersect, a member-based organization dedicated to the Cardano ecosystem, has shared key milestones as it celebrates its first anniversary. In another Cardano news trend, Intersect released its 2024 Financial Report, highlighting its growth, key lessons, and ambition for 2025.…
2025-04-20T02:42:11+00:00