- Altcoin (ADA) Cardano expected to pump over 10x in altseason.
- This could occur once Leios Upgrade brings more activity on to the blockchain.
- How high can ADA go this bull cycle and when will it set its next ATH?
As the year nears the end of the first month of Q2, more and more altcoins are showing strong bullish signs marking significant pumps for several potential altcoins in the long-awaited altseason that nears the crypto market. Out of the many bullish altcoins expected to surge in price, Cardano expected to pump over 10x in the altseason. How high can ADA go this bull cycle?
Cardano Expected to Pump Over 10x This Altseason
The wait for altseason to arrive has been a gruesome one this bull cycle as altseason peak phase has been delayed due to a prolonged Bitcoin correction phase. Analysts have concluded that since Bitcoin pumped so early this bull cycle and at such speed that it was crucial the crypto market entered a brutal correction period to continue in a healthy upward direction, which Bitcoin is now heading towards.
This delayed altseason phase also means that the 4-year bull cycle may no longer be in play, meaning analysts have only technical analysis and other psychological and political factors to look towards to predict what’s coming next for the Bitcoin market. So far, analysts have concluded that altseason peak will arrive once Ethereum (ETH) sets a new ATH price and trigger the same pump in other promising altcoins as well.
To highlight, one of these bullish altcoins is Cardano (ADA) the native token of the Cardano ecosystem founded by Charles Hoskinson. Last bull cycle, ADA was one of the most popular altcoins and went on to set an impressive ATH after a significant pump. This bull cycle, analysts expect ADA to set a much higher ATH target as the blockchain has advanced a lot more since last cycle.
To specify, Cardano’s progress was a slow and steady progress. This blockchain evolved with every several upgrades, each specifically aimed at deploying a new Web3 feature to the Cardano Ecosystem from smart contracts to NFTs, and much more. Hoskinson and his team completed thorough peer-reviewed research before deploying each network upgrade. This now brings the blockchain to the Leios Upgrade , with this Cardano will see Solana-style speed, thereby further propelling the capability of the blockchain.
10x Pump Incoming for Cardano’s ADA
Thus, analysts are certain that Cardano’s native token ADA will be one of the best performing altcoins this bull cycle. ADA once held the number 3 rank in total market cap and as we can see from the post above, this analyst believes that ADA will reclaim something close to its former glory by pumping 10x in the coming altseason phase. on phase.
