- Cardano is mimicking its 2020-2021 price cycle, which saw a 2,000% rally, but the current pattern is moving slower.
- Whale accumulation has increased to 1.41 billion ADA, signaling strong confidence from institutional investors.
- ADA could rise up to $1.56 in 2025, with a projected ROI of 122.49%, though a $2 target remains uncertain.
Cardano (ADA) is showing signs of a familiar trend. The cryptocurrency, which is trading below $0.80, is mirroring a pattern last seen between 2020 and 2021. That previous cycle saw ADA skyrocket over 2,000%. Analysts suggest that history could be setting up for a repeat, though at a slower pace.
Ali Martinez, a well-known crypto analyst, compared ADA’s recent performance to its 2020-2021 movement. Back then, Cardano saw a gradual buildup before entering an explosive rally. While the current cycle is progressing at a slower rate, the similarities are striking. If this pattern holds, ADA could break out soon and surge toward new highs.
Cardano’s early 2025 performance has been unpredictable. In recent weeks, its price dropped over 20% before rebounding by 25%. The asset is currently struggling below $0.82, a key supply zone. Investors remain on edge, waiting to see if bulls can push past this barrier.
Despite the shaky start, optimism remains. A decisive breakout above $0.82 could be the first step toward a major rally. If the historical trend continues, Cardano could lead the altcoin market in a surge similar to 2020-2021. The question is whether market conditions will allow it.
One reason investors are optimistic is the increasing accumulation by large holders. Since November 2023, wallets holding at least one million ADA have steadily increased their holdings. These wallets now control 1.41 billion ADA, making up 2.35% of the total supply.
Whale accumulation often signals confidence from institutional investors. Their steady buying pressure helps stabilize the market and can act as fuel for an eventual breakout. This trend further supports the idea that ADA may be on the verge of a major move.
Cardano’s Price Predictions for 2025 and Beyond
Most forecasts for ADA in 2025 suggest a strong upward movement, though not necessarily a new all-time high. CoinCodex projects that ADA will trade in a range between $0.793 and $1.56, with an average price of $1.19. This would represent a potential return on investment (ROI) of 122.49% from current levels.
However, hitting the $2 mark in 2025 remains uncertain. If ADA mimics its past cycle, it may take until 2026 to reach new highs. Its all-time high (ATH) of over $3 was last seen in September 2021. While ADA remains more than 70% below that peak, long-term holders believe the price gap will begin to close soon.
The current ADA setup is eerily similar to its 2020-2021 trajectory. If history repeats itself, a major rally could be in the making. However, external factors such as market conditions, regulatory shifts, and Bitcoin’s performance will play a crucial role.
For now, the key level to watch remains $0.82. If ADA can hold above it, the probability of a sustained rally increases significantly. Until then, investors are watching closely, hoping for another parabolic run.