Cardano’s ADA token has surged 12% in the past 24 hours, leading gains among major cryptocurrencies. This jump has pushed ADA above $1, marking a three-week high. Meanwhile, Bitcoin (BTC), Ether (ETH), Solana’s SOL, and Dogecoin (DOGE) saw gains of less than 2%. The CoinDesk 20 (CD20) index, which tracks the largest tokens by market cap, rose by 1.57%. Analysts expect Bitcoin to remain rangebound until late January, with potential gains from February. Cardano’s price increase lacks an immediate catalyst but is supported by upcoming fundamental developments like a Bitcoin-centric DeFi ecosystem and improvements in scalability and interoperability. Technical analysis indicates ADA could see further gains of up to 30%, with the token breaking above a trendline from early December and showing a bullish crossover on the MACD. The 14-day RSI also suggests continued upward movement.
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![Cardano ADA Is It Too Late To Buy? [2025 Price Prediction]](https://i.ytimg.com/vi/eBF4RFjJR2o/mqdefault.jpg)
