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  • Bullish Surge: Cardano (ADA) Hits Two-Year High and Eyes Bigger Gains
  • News

Bullish Surge: Cardano (ADA) Hits Two-Year High and Eyes Bigger Gains

Jane Kariuki 20 November 2024
Cardano ADA under the sand
  • Cardano (ADA) has surged 120% in the past two weeks, reaching its highest price since May 2022, and analysts predict further gains, potentially reaching $6 by mid-2025.
  • Speculation about a potential alliance with Ripple has fueled excitement, though no official partnership has been confirmed yet.

Cardano (ADA) is taking the cryptocurrency world by storm, smashing through barriers and capturing investor attention with an impressive rally. As other leading altcoins like Solana (SOL) and Binance Coin (BNB) falter, ADA has emerged as the star performer among the top 20 cryptocurrencies, with its price soaring to levels unseen since May 2022.

ADA’s Meteoric Rise

In the past two weeks alone, ADA has skyrocketed by 120%, climbing past $0.80 and pushing its market cap close to $30 billion. This marks a dramatic comeback for a cryptocurrency that many once dismissed as a “scam” when its value lingered around $0.30 earlier this year. Today, those early skeptics are witnessing ADA’s resurgence as it outpaces its rivals.

Crypto analysts are buzzing with optimism. Renowned figures like CryptosRus suggest ADA could hit $6 by the third quarter of 2025 if it mirrors previous market cycles. Others, including FLASH and Lucid, foresee ADA reaching new milestones, with Lucid describing it as “about to go Interstellar.” These predictions are buoyed by Cardano’s robust fundamentals, such as its high Minimum Attack Vector (MAV) and the absence of scheduled token unlocks, which could otherwise dilute its value.

Speculation Fuels Excitement

Adding to the momentum are rumors of a potential alliance between Cardano and Ripple. Speculation reached a fever pitch after Cardano’s founder, Charles Hoskinson, reportedly met with Ripple CEO Brad Garlinghouse and CTO David Schwartz. While no official announcement has been made, such a partnership could amplify ADA’s upward trajectory.

The discussions also coincide with Hoskinson’s involvement in shaping U.S. cryptocurrency regulations alongside the Trump administration, suggesting a push for clearer frameworks in the digital asset space. Though details remain sparse, investors are closely watching for updates, as any confirmation of a Cardano-Ripple collaboration could spark a major price rally.

What’s Next for ADA?

As ADA continues to defy expectations, the question on everyone’s mind is: How high can it go? The cryptocurrency’s recent surge and strong market fundamentals signal that it may just be getting started. If rumors of strategic partnerships materialize and the broader crypto market maintains its bullish momentum, Cardano’s native token could become one of the defining assets of this bull cycle.

For now, all eyes remain on Cardano as it navigates this exciting phase, promising more surprises for investors and enthusiasts alike.


Cardano’s rise serves as a reminder that in the volatile world of crypto, resilience and innovation can pave the way for astonishing growth. Whether you’re a seasoned trader or a curious onlooker, ADA’s journey is worth following.

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