Cardano Price Analysis: ADA Faces Strong Selling Pressure at $1, Time to Add Other Altcoins?

Cardano (ADA) is under pressure as it fails to hold the $1 support level, causing investors to worry. Recent market trends show a 14% decrease in ADA’s value last month, reflecting intense selling momentum. Although Cardano’s expanding ecosystem appears promising, questions remain about whether Cardano holders should look elsewhere for more profitable altcoins. Find out what drives ADA’s price and what other profitable altcoins exist in the crypto market.

Can Cardano (ADA) Make a Comeback After Falling Below $1?

Cardano has struggled to remain above $1 after recently slipping from $1.30. The token has lost over 14% within the past thirty days and today has a market cap of $32.8 billion, ranking ninth in CoinMarketCap’s rankings.

However, some bullish developments might benefit Cardano holders. The launch of the Midnight Privacy Sidechain is approaching, with CEO Charles Hoskinson pursuing more favorable crypto regulations under the incoming Trump administration. Thus, analysts are bullish on their Cardano price prediction for 2025—many believe the altcoin might exceed $3 this quarter.

cardano

Source: CoinMarketCap

An additional factor driving its price momentum is Cardano’s rising network activity. The blockchain Total Value Locked (TVL) reached $595 million, up 33% from January. This growth reflects increased interest in Cardano’s decentralized finance ecosystem from retail to institutional investors. The number of funded wallets on the system grew by over 10,000 since December to more than 4.38 million. These metrics point to Cardano’s increasing appeal and potential for future gains.

IntelMarkets (INTL) Simplifies Crypto Trading For Investors

IntelMarkets has established itself as a leader in making blockchain technology more accessible. The platform introduces features that simplify crypto investments for retail and institutional investors.

IntelMarkets boosts trading performance with advanced real-time data tools. The platform’s proprietary system optimizes hyperparameters for trading indicators and normalizes technical data with standard OHLCV metrics, ensuring accurate decision-making.

Traditional trading platforms often confuse with conflicting signals. IntelMarkets solves this with its Intell-Array monitoring system. This technology analyzes multiple indicators and generates a clear, actionable signal backed by over 350,000 data points.

The platform’s user-friendly design and focus on education make it appealing. IntelMarkets offers intuitive dashboards, detailed guides, and personalized tutorials, creating a welcoming environment for new users. Instead of standard trading bots, IntelMarkets uses Intelli-M robots that learn from their mistakes and real-time trading data. These AI-powered bots continuously improve, increasing trade frequency and delivering better results.

IntelMarkets is revolutionizing cryptocurrency trading, and experts believe its AI-based token, INTL, signals growth, especially as Cardano whales shift focus to this project. While currently trading for $0.082455 in round 9 of its presale, IntelMarkets (INTL) offers massive profit potential. Analysts predict INTL could deliver over 100x returns in 2025. With the INTL token still in its presale phase, now is the ideal time to invest in this innovative project!

Learn more about the IntelMarkets (INTL) presale:

Presale: https://intelmarkets.io/

Buy Presale: https://buy.intelmarkets.io/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets

RECENT SPONSORED

Disclaimer This article is a paid publication and does not have journalistic/ editorial involvement of coinpress. coinpress does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein. Do your market research before taking any actions . The author or the publication does not hold any responsibility for your personal financial loss.