Experts discuss the prospects of Cardano (ADA) cryptocurrency price, comparing it to Solana (SOL). Opinions on potential growth and challenges are considered.
Comparing ADA and SOL
Jason Pizzino, a macro trader and crypto investor, stated in his latest video that Cardano (ADA) is unlikely to reach new highs this cycle. He compared ADA’s price action with Solana (SOL) on the weekly chart. Solana, Pizzino notes, shows the potential to reach new highs due to successful rallies in the current cycle.
Time Running Out for ADA Holders
Pizzino noted, regarding ADA holders: "It's like a plane... If you're just sitting on the ground with the engine running, the fuel is burning, but you still need to get from Australia to Europe. You're running out of time." He emphasized that ADA needs to at least reach its previous all-time high of $3 or even exceed it; however, he cautioned that time might be running out.
Forecast by Ali Martinez
On the other hand, technical analyst Ali Martinez predicted in his latest X post that Cardano (ADA) will reach $6 by July - September 2025. Currently, ADA is trading around $0.6508, showing a rise of over 18% in the last 24 hours. A so-called 'golden cross' is beginning to form on ADA's daily price chart, considered a bullish signal.
With varying forecasts, experts continue to monitor the situation surrounding Cardano and its potential for reaching new price levels.