Jure Karamarko (유레 카라마르코), founder of the Cardano-based token SongMarketCap, said ADA returning to $3 is a question of when, not if. The comments come as ADA rebounds after a prolonged downturn, rising more than 10 percent to above $0.19. Crypto market value also rose, with bitcoin and ether higher. Analysts and a forecasting platform cited patterns and projections pointing to $3 in coming years.

Charles Hoskinson said the cryptocurrency market downturn is temporary and that another bull market will follow. Speaking at the Wyoming Blockchain Symposium, he said the next rally will not be driven only by speculative money, and that developers should deliver easier and safer products rather than expecting users to understand complex infrastructure. He said real-world use would be the key driver of the next upswing, while remaining optimistic on Cardano and ADA.