A prominent Cardano developer has expressed strong optimism about ADA prospects in the current market cycle, suggesting the token could deliver unexpected gains.
The bullish perspective emerges as Cardano’s native token, ADA, remains under bearish pressure. Its price dipped in the past 24 hours, extending its weekly and monthly losses to 4.01% and 4.07%, respectively.
“Cardano Will Surprise A Lot of People”
Despite this discouraging performance, enthusiasts have remained optimistic about the token’s potential. Notably, developer Invited Phil echoed this sentiment today, stating that ADA will surprise many people in the current market cycle.
Phil expects the token to outperform people’s expectations before the cycle concludes. With the cycle expected to reach a peak by December 2025, the Cardano community remains confident that ADA is poised for a rally.
ADA Is Going to $2
Interestingly, community figure Austin Arnold of Altcoin Daily in a tweet predicted that ADA will reach the $2 price mark. To him, reaching $2 is “obvious.”
From its current value of $0.7923, ADA would need to rally by 152% to achieve this target, increasing its market cap to approximately $71.62 billion.
Altcoin Daily’s $2 forecast is conservative when compared to ambitious targets in the community. For example, the AI model Deepseek projects a potential rally to $7 before year-end. Cardano stake pool operator (SPO) Ssebi envisions an even steeper climb toward the $10 level.
Investor sentiment around ADA further confirms this outlook. CoinMarketCap’s community sentiment data reveals that 88% of members remain bullish on ADA, while only 12% hold a bearish outlook.
“Giga Bull Run Is Imminent”
In July, Cardano founder Charles Hoskinson predicted the coming of a ‘gigachad’ bull run. He forecasted that Bitcoin’s price could reach $250,000, with trillions of dollars entering the altcoin market. He pointed to the GENIUS Act and the CLARITY Act as the key catalysts for the anticipated “gigachad bull run.”
Remember I said the gigachad bullrun is coming. We are going to see 250k bitcoin and trillions enter the space for the alts. Genius and Clarity acts will be the catalyst. pic.twitter.com/YnCgQDkPjE
— Charles Hoskinson (@IOHK_Charles) July 11, 2025
The GENIUS Stablecoin Act was signed into law in July. However, the CLARITY Act is still under review in the U.S. Senate. Analysts believe the CLARITY Act could also be passed this year, ushering in long-awaited regulatory clarity for the digital asset market.
If enacted, the legislation could alleviate concerns among traditional investors who have mostly stayed on the sidelines due to regulatory uncertainty. This could unlock a new wave of capital inflows and impact the prices of cryptocurrencies.
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