With an overall downturn in the crypto market, Cardano's price is falling as RCO Finance garners investor interest with its innovative AI capabilities.
Cardano's Price Sharp Decline
Reports indicate that major ADA holders have begun selling off their assets, leading to a significant drop in Cardano's price. The fall reached 29% over the past year, and analysts predict a further dip to $0.5 by the second quarter. However, the launch of a Cardano-based ETF by a Swedish investment firm may attract institutional capital and could bring the price back to $1 in the first half of 2025.
RCO Finance Success Amid Market Slide
Despite the market downturn, RCO Finance is garnering attention with its AI technology and a predicted growth of 44,000% by 2025. The project stands out with its Robo Advisor platform, offering personalized investment solutions and portfolio management using machine learning. The application is being actively developed, with an open beta version available for testing. The service has attracted over 10,000 users, and the team is continually adding new features and tools.
Prospects for ADA and RCOF
Despite recent fluctuations, Cardano previously demonstrated significant growth, rising to $1.30 in less than four months. At the same time, RCO Finance has completed a smart contract audit and is poised to strengthen its market position further with investments already exceeding $12 million.
While Cardano faces difficulties, RCO Finance continues to gain momentum on the sliding market, offering new technologies and drawing investor interest.
