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Cardano's Rise: Prospects and Partnerships

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by Giorgi Kostiuk

8 months ago


Cardano (ADA) is experiencing impressive growth, placing it at the forefront of attention in the cryptocurrency community as other major altcoins face minor losses.

Cardano: Current Achievements

At the time of this writing, ADA's price is above $0.80, the highest since May 2022. It has increased by 120% over the past two weeks, and its market capitalization is nearing $30 billion.

Expert Predictions

Several analysts predict further gains for ADA during the ongoing cycle. CryptosRus, for instance, foresees the price reaching $6 by the end of next year if the current trend continues. Analyst Crypto King highlighted that the price has soared by 2.5 times compared to earlier this year, anticipating a further rally.

Cardano and Ripple Speculations

Recent discussions in cryptocurrency circles focus on a potential partnership between Cardano and Ripple. This speculation emerged after meetings between Cardano founder Charles Hoskinson and Ripple executives, including CEO Brad Garlinghouse. However, no official announcement has been made regarding a partnership.

Cardano's price continues to impress, despite uncertainties and speculations. Investors and analysts eagerly await further news and the potential Ripple partnership, which could impact ADA's future price movements.

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