Charles Hoskinson, the visionary behind Cardano, recently shared an ambitious outlook for ADA, suggesting it could hit $3, $5, or even $10 if the network’s development roadmap is fulfilled. In a livestream, he emphasized that Cardano’s success now hinges on strong community backing and sustained funding.
While it has completed its original scaling plans, Hoskinson pointed out that advanced projects like Leios are still underway. He warned that delays in budget approvals could force Input Output Global (IOG) to scale back after the Leios rollout.
Meanwhile, its technical outlook is closely watched. ADA is trading near $0.70 — a critical support zone. A rebound could push it to $0.764 or even $1, while a slip below could drag it down to $0.674 or $0.60.
Adding to Cardano’s momentum is its growing interoperability: Hoskinson revealed that a Bitcoin bridge and Bitcoin integration into its Lace wallet are in the works, which could attract more DeFi developers.
Investor sentiment is also improving, especially after Grayscale filed for a spot Cardano ETF, with the approval probability recently rising from 20% to 51% according to Polymarket. A final decision on the ETF is expected by August 2025.
Overall, Cardano is at a pivotal moment — with major upgrades, new Bitcoin partnerships, and possible ETF approval lighting the path toward a multi-dollar ADA future.
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