Analyst: Cardano To $10 In 2025? These 5 Catalysts Could Ignite ADA
Cardano staking pool operator Sssebi predicts ADA could reach $10 by 2025, citing five key developments. 1. Cardano aims to become Bitcoin's DeFi layer, demonstrated by a live Bitcoin Ordinal transfer to Cardano at the Bitcoin 2025 conference, enabling BTC holders to lend, borrow, and stake within Cardano's environment. 2. The Midnight sidechain will airdrop NIGHT and DUST tokens to 37 million wallets across eight blockchains, potentially creating millions of new ADA-capable addresses. 3. Grayscale's application to convert the Cardano Trust into a spot ETF is under SEC review, which could provide traditional investors with regulated staking opportunities. 4. An executive order by President Trump includes ADA in a Strategic Bitcoin Reserve, legitimizing it for conservative investors and potentially easing futures and options listings. 5. The Leios upgrade promises high transaction throughput without sacrificing decentralization, aligning with Midnight's launch and the ETF review window in H2 2025. ADA currently trades around $0.70, with a market cap of $25 billion; reaching $10 would increase its valuation to approximately $350 billion.
