The Cardano price has jumped by 10% in the past 24 hours, with its move to $0.8223 coming on a very strong day for alts.
With alt season apparently underway, ADA is now up by 30% in a week, while the coin also sits on an 84% gain in the past year.
Yet it’s clear from ADA’s chart and indicators that it has only just begun a long-overdue breakout, with the coin set for more gains in the near term.
And with its platform remaining one of the most promising layer-one networks in crypto, the long-term Cardano price prediction looks very bullish right now.
Cardano Price Prediction: Is ADA Going To Follow XRP And Hit $3 In July 2025?
As we can see from its chart below, ADA had already broken through a pennant last week, and since then its technicals have only become hotter.
Most notably, its relative strength index (yellow) has just topped 70, and it’s rising steeply towards 80.
Source: TradingViewWhile this may suggest that a correction could be coming very soon, Cardano’s MACD (orange, blue) has only recently turned positive, and it’s yet to reach the peaks of late November.
As such, it may be a few days yet before ADA begins to correct, and given the exuberance of the current rally it may not correct steeply, instead consolidating around a higher level.
Other than the Nasdaq and other stock indices reaching record highs, there’s no immediate macro cause of this new bull market and alt season, yet cryptocurrency prices had arguably been in an undervalued position for several months prior to this week’s burst.
We may therefore be seeing the market catch up with prevailing financial movements, and it’s in this context that the Cardano price is likely to continue rising.
Not only does it have the momentum, but it arguably has some of the strongest fundamentals in crypto.
Its native platform now accounts for $343 million in TVL, making it the 23rd biggest layer in crypto, according to DefiLlama.
It also continues to undergo continuous development and growth, with the latest InputOutput update revealing that just over 2,000 projects are building on Cardano.
The platform is also awaiting the launch of the privacy-focused Midnight sidechain, for instance, which will bring more users to the Cardano ecosystem.
Given such growth, we can expect the Cardano price to hit $1 in early August, and $2 by the end of the year.
Dot-Com Meme Coin TOKEN6900 Raises $600,000: Could It Overtake SPX6900?
Now that the market has entered alt season, some traders may be on the lookout for the newest and most volatile alts, so as to secure the biggest gains.
There’s no shortage of exciting new alts in the market right now, but there are also a number of interesting presale coins, which can often rally big when they list.
One of the newest is TOKEN6900 (T6900), an ERC-20 coin that is aiming to ape the success of SPX6900.
Like SPX6900, TOKEN6900 has taken the inspiration for its memes from the dot-com bubble of the early 2000s, with its website and socials making heavy use of early Internet graphics and tropes.
It opened its presale only a few weeks ago, and so far it has raised in excess of $600,000.
This suggests that its marketing campaign is already beginning to pay off, with the coin starting to build itself a community of true believers.
And TOKEN6900 is really taking the whole concept of meme coins to heart, promising on its website that its value isn’t based around fundamentals or utility.
Instead, it aims to generate viral FOMO on a large scale, riding on the momentum of the market’s greed.
Its token will have a max supply of 930,993,091 T6900, with holders able to stake the coin for an income.
You can join its sale now by going to the TOKEN6900 website and connecting a wallet.
T6900 currently costs $0.0066, but this will rise again tomorrow, and will continue to rise for the sale’s duration.
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