The Cardano (ADA) price is shaping up for a massive rally back to 2024 highs above $1.30 as a new altcoin season teases its return, though a run back to 2021 highs around $3 could be possible thanks to a major new bullish catalyst.
Brave, an anonymity focused browser with over 85 million users, just added support for the Cardano blockchain to its inbuilt multi-chain wallet.
That opens the door for a massive pool of crypto native users to interact with the Cardano blockchain for the first time.
The Cardano price was last around $0.83, near multi-week highs, with the market not having responded too much to the news of the Brave integration.
That gives the altcoin a market cap of currently just under $30 billion, per CoinMarketCap.
The focus in recent weeks has been much more on global trade war and macro developments. An agreement between the US and China to substantially reduce tariffs has likely given major support to risk assets this week.
Meanwhile, easing US inflation opens the door for sustained easing from the US Federal Reserve later in the year, giving the market further reason to cheer.
Risk assets like Cardano likely have the green light to continue their recent run higher. The Cardano price has already recovered over 60% from its early April lows around $0.51.
But a retest of late-2025 highs in the $1.30s could be on the cards in the weeks ahead if altcoin season comes surging back.
Can the Cardano Price Climb Back to $3 In May With New Brave Integration?
In fact, if a new altcoin season is about to arrive, all bets would be off as to how high and how quickly the market could rally.
Once altcoin season begins, altcoins with the best bullish narratives usually lead the market higher, and Cardano is arguably very well positioned.
The news of Brave integration is a major positive step forward for the Cardano blockchain. But behind the scenes, other major developments are also likely to drive the Cardano price higher in the long-run.
BitcoinOS is making substantial progress is positioning Cardano as the go-to DeFi side chain to Bitcoin.
2025 could be the year Cardano total value locked (TVL) finally explodes if the project is successful in unlocking Bitcoin liquidity.
Meanwhile, Cardano side-chain projects such as Midgard and Midnight promise to bring industry-leading scalability and privacy features to the blockchain.
And crypto investors shouldn’t forget, Cardano is one of the altcoins most closely living up to the ideals of decentralization presented by Bitcoin, with the 2024 Chang upgrade establishing full-blown on-chain governance.
These powerful narratives could easily propel the Cardano price back to $3 in a renewed altcoin season, or even beyond.
However, Cardano remains a highly speculative crypto to invest in. Whilst showing major promise and boasting a massive community of investors and supporters, its blockchain and ecosystem still isn’t showing signs of mass adoption.
At least, not compared to peers like Ethereum and Solana, both of which dwarf Cardano in terms of TVL and on-chain economic activity.
Better Crypto to Buy – Solaxy (SOLX)?
The outlook for the Cardano price is very strong. But investors would be wise to diversify their bets into other major coins like Bitcoin (for safety), as well as Ethereum and Solana (for a high probability of strong growth).
Risk tolerant investors seeking to add upside potential to their portfolios might also want to consider investing in the native tokens of promising Ethereum of Solana ecosystem projects.
One Solana project that has been making major waves in recent months is an innovative Solana layer-2 first mover called Solaxy (SOLX).
Solaxy addresses network congestion by processing transactions off-chain, enhancing speed and reducing costs for DeFi and GameFi applications.
Its presale, launched December 2024, has raised over $35 million, with tokens priced at $0.001718, nearing a $50 million cap.
A Q2 2025 mainnet launch and Tier-1 exchange listings are anticipated, alongside a Solana-Ethereum bridge for interoperability. Staking offers 119% APY, incentivizing long-term holding.
Despite strong fundamentals, Solaxy’s success hinges on adoption, but strong early momentum in the presale as well as substantial social media hype suggests it will be a successful launch. Its innovative approach makes it a compelling portfolio addition.
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