Cardano (ADA) is gaining attention again, and traders are asking one big question: Can it break the $1 mark this year? After a long period of slow movement, some analysts now believe ADA could be gearing up for a major run — but not before a possible dip.
Here’s why Cardano could hit $1.
Cardano could hit $1, But!
According to popular crypto analyst Ali Martinez, Cardano has been stuck inside a downward price channel for most of 2025. Right now, it’s trading around $0.56. But based on Martinez’s chart, there’s a chance it could fall toward $0.47 — a key support zone before it bounces back.
However, if ADA holds that level and gains strength, Martinez believes the price could climb back toward $1 in the months ahead.
Bigger Breakout to $2.60?
Adding more excitement, crypto trader Smith has pointed out a pattern forming on Cardano’s chart that looks similar to a past breakout, one that gave ADA a 240% boost.
If history repeats, he says ADA could target $2.60, a huge jump from its current price.
Cardano Growing On-Chain Strength
Cardano’s growth isn’t just relying on charts; its network is growing stronger too. Its layer-2 Hydra solution recently showed the ability to handle nearly 1 million transactions per second.
Meanwhile, DeFi apps are also growing on Cardano, with fewer failed transactions than rival platforms like Solana.
Cardano ETF Approval Odd Surge
Excitement is also building over a possible Cardano ETF. Prediction market Polymarket shows a 76% chance of SEC approval by late 2025. Experts like Eric Balchunas put the odds even higher, above 90%.
An approved ETF could bring in big investors and push ADA prices higher.
Sentiment Is Bullish
Cardano also leads in positive community votes on CoinMarketCap, with over 90% bullish sentiment. It’s a strong sign that traders are hopeful, even if the path to $1 or $2.60 won’t be easy.
