Crypto
Cardano could jump 700 percent; why an analyst sees a $2 scenario
Market analyst Lark Davis forecasts that ADA could regain $1 and, over the longer term, rise to $1.50 to $2, citing the Cardano community’s cohesion and social influence. He says ADA’s price can move sharply with sustained community interest, regardless of current network usage metrics. ADA trades around $0.242. Davis does not give a timeline and has previously criticised Cardano’s activity, fees and DeFi adoption compared with other networks.