Still, experts are convinced that the recent gain is just a drop in the bucket compared to where ADA may be headed in 2025.

A recent ADA price prediction from Ali Martinez – a technical and on-chain analyst, for example, says Cardano will soon print a new all-time high since its price chart is now forming a bullish pennant.

A pennant is broadly used in technical analysis as an indicator that suggests a continuation of bullish momentum and a significant move up in the near term.

Source:Brave New Coin

Could ADA print a record high in January?

Cardano has rallied significantly in recent sessions on the back of improving investor sentiment and an increase in network activity. Investors looking for which crypto to buy now should consider ADA.

But analyst Ali Martinez says the good news is not entirely baked into the price of ADA. In fact, if the pennant pattern plays out, this native cryptocurrency could easily surpass its previous high of $3.10, he argued in a recent post on X.com.

However, the expected surge in Cardano may not be without hurdles considering it’s headed for a key resistance at $1.20, followed by the 1.618 Fibonacci extension at around the $1.34 level.

Having said that, a bunch of other technical indicators suggest the price of ADA will succeed in beating both resistances over the next few weeks.

These include the Relative Strength Index (RSI) which currently sits at 67 and, therefore, signals strong buying activity – and the Moving Average Convergence Divergence (MACD) which remains in bullish territory as well.

Additionally, the Cardano price chart has recently formed a bullish Elliott Wave, further substantiating the narrative that it’s not too late to invest in ADA yet.

Source: X.com

Cardano’s network activity signals further upside

Cardano is seeing a meaningful increase in network activity that may also help unlock further upside in the price of its native cryptocurrency.

ADA is gaining popularity among both retail as well as institutional investors considering its Total Value Locked (TVL) has increased by a whopping 33% year-to-date to $595 million while transaction volumes have climbed to well over $10 million.

Plus, more than 10,000 new wallets have joined the Cardano network since December 19th. This increase in the number of wallets (funded) and an influx of new investors further signals positive market sentiment that could push the price of Cardano to new highs in 2025.

ADA price may rally to $7 in 2025

Cardano may prove to be a lucrative investment this year also because it continues to innovate.

The platform’s recent Chang Hard Fork upgrade is a good example of its commitment to technological advancements aimed at improving decentralisation and governance.

Finally, the macroeconomic developments strengthen the case for investing in ADA as well. The incoming US government has already acknowledged cryptocurrencies as inevitable and pledged to make America the crypto capital of the world.

As Donald Trump takes office on January 20th and orders are signed to make good on that promise, Cardano could unlock new use cases and attract institutional capital to print a new all-time high in the months ahead.

Some analysts, including Javon Marks, even expect the price of ADA to surpass $7.0 by the end of 2025.

Source: Altindex

Is it too late to invest in Cardano?

In conclusion, Cardano is poised for a remarkable 2025 on the back of improved scalability, expected launch of new DeFi application, and continued growth in the ecosystem at large. ADA price predictions say the bull market rally will continue with significant alt coin gains ahead. The news is good.

Recent technological advancements, improving TVL, and bullish technical indicators suggest the native cryptocurrency is fairly positioned for significant upside in the coming months.

Positive market sentiment, coupled with potential regulatory support under the new administration, further strengthens the bullish outlook for ADA. As new use cases emerge and institutional capital flows in, Cardano may hit a new all-time high in 2025.