front page
Crypto News
market
Analysts say two factors could push Cardano price to $7, ADA to surpass Dogecoin and USDC
February 17, 2025
Cardano ADA
Well-known crypto analyst Tim Warren has expressed an optimistic view on the price and market position of Cardano (ADA). In a recent analysis, Warren made a bold prediction for Cardano, highlighting that the coin has the ability to surpass Dogecoin (DOGE) and USDC and potentially compete for the sixth or seventh position. Currently, Cardano is ranked as the ninth largest cryptocurrency with a market cap of $28 billion. In comparison, USDC and DOGE are the seventh and eighth largest cryptocurrencies, respectively, with market caps of $56.47 billion and $38.57 billion. This suggests that ADA would have to gain 40% and 110% respectively to surpass DOGE and USDC, assuming neither coin experiences significant growth.
Two factors that will push ADA price to $7
Additionally, Warren highlighted two major events that could push ADA’s price to higher targets like $7. According to him, ADA will experience major gains during a strong bull run. He also noted that if the U.S. government adopts the Cardano blockchain to track spending, the price of ADA could surge. Notably, with Elon Musk revealing plans to adopt blockchain technology to facilitate the operations of the DOGE federal agency, many believe that Cardano could be a potential choice for this initiative. Interestingly, Warren argues that if the U.S. government eventually adopts Cardano for this purpose, ADA’s market cap could reach $250 billion. According to him, this means that with its circulating supply of 35.9 billion tokens, the unit price will reach $7. To achieve the $7 price target, ADA would need to rise 776.53% from its current level of $0.7986TP3T. Warren’s prediction comes days after Cardano founder Charles Hoskinson predicted that ADA will be the biggest gainer of this cycle.
Experts predict ADA will reach $10 this year
Meanwhile, ADA has shown strong resilience over the past few weeks, having plummeted to a three-month low of $0.63 on February 3. Interestingly, it rebounded above $0.81 and later corrected slightly to $0.7986. At press time, ADA has gained 2.48% in the past 24 hours and 13.85% in the past seven days. Following the recent rally, pseudonymous crypto commentator “SlumDOGE Millionaire” expressed confidence that Cardano will hit $10 before the end of the year. For reference, this would represent growth from the current price of 1,152%.
I would not be surprised if $ADA reaches at least $10 by 2025.
Bookmark this tweet.
— SlumDOGE Millionaire (@ProTheDoge) February 17, 2025
Label
ADA
Cardano Price Prediction
Latest Cardano (ADA) Crypto News Today
English 
Chinese (Hong Kong) 
Chinese (China)