Cardano
Cardano Price Prediction as Trump’s New SEC Pick Could Be ADA Supporter
Published
5 months agoon
By
admin
Cardano (ADA) price has experienced a notable rise over the past 30 days, in line with the broader market surge. This positive movement comes as investor interest grows, fueled by the cryptocurrency market’s overall rally. ADA’s upward trajectory is part of a larger trend seen across many altcoins, which have also shown impressive gains recently. The altcoin’s surge coincides with speculation that Donald Trump’s newly appointed SEC chairman could be a supporter of Cardano, potentially adding further momentum
Cardano Price Forecast Could ADA Soar With Trump’s Supportive SEC Nominee
The Cardano price has recently captured the attention of investors. This comes after Donald Trump’s endorsement of a potential new SEC (Securities and Exchange Commission) nominee who strongly supports cryptocurrencies. This surprising political alignment could have significant implications for the price of ADA, which has increased in recent months.
The prospect of a more crypto-friendly SEC leader has fueled optimism within the crypto market. Investors hope the new nominee will take a more lenient stance on crypto regulation. This could allow projects like Cardano, often seen as a technically superior yet undervalued blockchain, to gain more traction.
Trump’s SEC pick has literally spoken at a #cardano summit.
HIGHER. $ADA https://t.co/WgUTz97Nqe pic.twitter.com/jo6JuU4syD
— ADA ape
|| “APE” (Pool)
(@TheADAApe) December 4, 2024
ADA Price Bulls Eyes $3 Resistance Level
The latest ADA price is trading at $0.7522, marking a 14% increase over the past week. During this time, the cryptocurrency has experienced notable price fluctuations, ranging between $1.17 and $1.24.
The volatility reflects strong market movements and heightened investor activity. ADA’s impressive price surge of 260% in the last seven days signals bullish sentiment and growing market interest.
At this stage, investors are keenly watching the $1.25 resistance level, hoping that a breach of this price point could trigger further upward momentum. If the Cardano price prediction surpasses this level, it may aim for the next significant resistance at $2. If buying pressure continues, the best altcoin could reach as high as $3.


Currently, the overwhelming majority of contracts, 88.57%, are IntotheMoney, representing a value of $37 billion ADA. In contrast, only 3.62% of contracts, or $1.53 billion ADA, are OutThe Money, while a minor 7.81%, totaling $3.29 billion ADA, are ATM. The data, aligned with a current ADA price, provides investors with a comprehensive overview of the market’s potential movement and sentiment.


Cardano’s price surge and potential support from a crypto-friendly SEC leader present a promising outlook. ADA could see significant gains if momentum persists, targeting higher resistance levels.
Frequently Asked Questions (FAQs)
If the nominee supports cryptocurrencies, Cardano could benefit from more favorable regulation, potentially boosting its price.
ADA is currently testing the $1.25 resistance level, with potential to rise further if it surpasses this point.
Yes, if buying pressure continues, ADA could potentially hit $3, according to recent price movements and market sentiment.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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Cardano
Cardano Creator Charles Hoskinson Says Ethereum Might Not ‘Survive’ Next 10 to 15 Years – Here Are His Reasons
Published
3 days agoon
April 25, 2025By
admin
The founder of the smart contract platform Cardano (ADA), Charles Hoskinson, is warning that the future of Ethereum (ETH) could be in question.
In an Ask Me Anything (AMA) on his YouTube channel, Hoskinson says he doesn’t “think Ethereum will survive more than 10 to 15 years.”
According to Hoskinson, Ethereum faces existential threats both from within its ecosystem and externally.
“The [Ethereum] layer-2s will continue to suckle out all of the alpha and people will start fighting and it will get harder and harder for [Ethereum co-founder] Vitalik [Buterin] to be able to hold it together through sheer force of will.
And users will gradually migrate to other places and then they’re going to get eclipsed by Bitcoin DeFi (decentralized finance). Because once that turns on, the TVL (total value locked) will be larger than Ethereum and a lot of people will start migrating in that particular direction…
…and the other thing is they’re being eaten alive by Solana and Sui and these other things.
So, brilliant project. It’s just a victim of its own success. Like MySpace [social network] or any of these other things that have a lot of network effect and momentum. BlackBerry [smartphone] is another example. But people have fundamentally different paradigms that over the long term are intrinsically superior. And they creep up on you.”
The Cardano creator says that Ethereum’s problems can be traced to three mistakes made by the founders and developers.
“The number one problem Ethereum has is that they took an easy road out where they did three things wrong.
So first off, wrong protocols. They have the wrong accounting model, they have the wrong virtual machine and they have the wrong consensus model.
All of these were self-inflicted wounds. People told them not to do it, they did it and they got where they needed to go.
Second, what they chose to do to solve these problems is put in all these weird slashing economics and layer-twos and other things and now they’re living with all of the consequences of these types of things.
And third, they really don’t have a good on-chain governance system
So really what needs to happen is you need a parallel track with solving all those three things.”
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John Deaton Reacts As Cardano Founder Bets On Ethereum Demise
Published
4 days agoon
April 24, 2025By
admin
In the latest development in the blockchain space, Cardano founder Charles Hoskinson shared his thoughts on Ethereum’s potential demise, prompting a reaction from pro-XRP lawyer John Deaton.
Notably, Charles Hoskinson projected the Ethereum blockchain’s possible downfall, commenting that the platform would not survive over the next decade. Acknowledging Hoskinson’s Ethereum roots, John Deaton appreciated his comments as particularly noteworthy.
The Future of Ethereum: Insights from John Deaton and Charles Hoskinson
Recently, the Cardano founder, Charles Hoskinson, predicted that the Ethereum network will collapse in the next 10-15 years. He noted, “So, I don’t think Ethereum will survive, you know, more than 10 years to 15 years.”
In response to his words, XRP attorney John Deaton shared a thread on X. John Deaton acknowledged Hoskinson’s words as insightful and particularly significant, given Hoskinson’s foundational role in Ethereum’s creation.
Deaton also expressed curiosity about others’ thoughts on Ethereum’s future, humbly acknowledging the limitations of his own knowledge on the subject. His X post read,
Fascinating to listen to an Ethereum co-founder opine on whether Ether can even survive. I’m not smart enough to have an opinion one way or the other but would like to know what others think.
Why Ethereum Might Not Last 15 More Years? Charles Hoskinson Explains
In a recent Ask Me Anything (AMA) session yesterday, the Cardano founder expressed concerns about the long-term viability of the Ethereum blockchain. Highlighting the platform’s key mistakes, Hoskinson posited that Ethereum would not exist after some 15 years. This has sparked comments from John Deaton.
Hoskinson’s comments follow his revelations on Cardano’s plans to boost Bitcoin’s adoption in DeFi applications.
What Are Ethereum’s Three Mistakes?
Protocol & Consensus Model: According to Hoskinson, Ethereum’s choice of protocol and consensus model is not sufficient for the network’s needs. In particular, he mentions the current limitations of Ethereum’s Proof-of-Stake (PoS) mechanism.
Layer 2 Scaling Solutions: The Cardano founder slams the blockchain’s adoption of layer 2 scaling solutions, addressing them as “parasitic.”
Governance System: As per Hoskinson, the Ethereum network’s governance system is unsound. He pointed out that the platform’s governance is off-chain, but not on-chain, which could lead to inefficiencies in decision-making and adaptability.
John Deaton’s latest comments on the Cardano founder’s insights on Ethereum come following the former’s recent criticism of Oregon AG Rayfield. The XRP lawyer questioned the AG’s motivations for filing a lawsuit against Coinbase with outdated claims.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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ADA
Cardano Breakout Eyes $0.80 – ADA Repeating Its ATH Playbook?
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April 23, 2025By
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Amid the market recovery, Cardano (ADA) has seen a 5% daily surge to retest the $0.66 level. Its recent price action has led the cryptocurrency to break out of a bullish formation, which could propel ADA to a key resistance zone.
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Cardano Breakout Eyes 27% Move
On Tuesday, Cardano followed Bitcoin’s price jump and climbed to the $0.66 resistance, attempting to break above the key level for the third time this month. ADA has been in a downtrend since hitting its 3-year high of $1.32 in December 2024, retracing over 50% in the past four months.
In March, the cryptocurrency surged 80% toward the $1.17 mark, driven by US President Donald Trump’s initial announcement of a “Crypto Strategic Reserve” comprised of ADA, XRP, and Solana (SOL).
However, after the White House’s Crypto Czar, David Sacks, explained that the listed cryptocurrencies were used as an example of leading tokens, ADA’s price retraced to the $0.70-$0.80 range.
Amid the late March retraces, Cardano lost the $0.70 mark, falling to the $0.50-$0-55 zone in early April. This month, the cryptocurrency has retested the $0.66 level but has been rejected twice.
Today, it attempted to break this level again but was rejected a third time. Nonetheless, analyst Ali Martinez pointed out that ADA has broken out of a symmetrical triangle pattern amid its current performance.
Cardano has been consolidating within a symmetrical triangle formation throughout April, setting the stage for a 27% price move. After surging above the $0.63 mark, ADA broke out of the pattern, eyeing a surge toward the $0.77 resistance next.

ADA Preparing For Key Retests
Analyst Sebastian noted that the cryptocurrency “is brewing,” as it’s moving within a four-month descending channel. ADA has bounced toward the upper boundary, which has served as resistance, each time it has retested the lower trendline as support.
After the recent drop to $0.50, Cardano could retest the upper boundary soon, at around the $0.80 price range. Moreover, the analyst pointed out that the token is currently breaking out of an Inverse Head & Shoulders pattern within the descending channel, which could see the cryptocurrency surge toward the key resistance level.
Another market watcher suggested that the cryptocurrency could be following its 2020-2021 pattern. According to the chart, once ADA broke out of its bear market rally levels, it reached a new cycle high, followed by a retest of the bear market rally as support.

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After breaking out of the downtrend, it rallied toward its all-time high (ATH) of $3.09 in the coming months. “If ADA broke out this week and followed the same pattern as last cycle, it would be on track to hit a new ATH in the middle of August,” the analyst asserted.
Meanwhile, Dan Gambardello affirmed that Cardano’s biggest resistance is at the $3 mark, “where a lot of people have regret for not selling last cycle.” The analyst forecasted that once ADA hits ATH levels, its pump “will probably pause in that general area with a lot of volatility, and then continue to $5. It’ll be like a crypto bus stop.”

Featured Image from Unsplash.com, Chart from TradingView.com
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