According to leading analyst Dan Gambardello, Cardano (ADA) can surpass Ethereum, which is driven by strategic partnerships and key technical developments. Gambardello predicts that ADA’s growth will continue as these factors significantly influence its momentum.
Major Partnerships Propel Cardano’s Bullish Outlook
Gambardello pointed out that potential collaborations with major networks such as Bitcoin, Ripple, Stellar, and Dogecoin are fueling Cardano’s rise. Influential figures, including Jed McCaleb, founder of Stellar, and Ripple CEO Brad Garlinghouse, have voiced support for Cardano’s future.
Charles Hoskinson, the founder of Cardano, has taken proactive steps to strengthen these partnerships. He recently shared plans to hire a team dedicated to making Cardano the leading platform for Bitcoin decentralized finance (DeFi). This strategy aims to leverage Bitcoin’s capital and integrate ADA into the DeFi ecosystem, a move Gambardello describes as “game-changing” for ADA’s long-term potential.
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Cardano’s Growing Influence Could Overtake Ethereum
Gambardello suggested that Cardano’s growing network of collaborations and partnerships with Bitcoin and other prominent networks could allow ADA to surpass Ethereum in the coming years.
The analyst emphasized that the market may still be underestimating ADA’s true potential and urged the community to adjust its expectations based on these developments.
Cardano’s Technical Indicators Show Promising Growth
On the technical front, Gambardello highlighted that ADA attempts to break out of a symmetrical triangle pattern with a potential price target of $0.90. However, he recommended caution as a short-term pullback may be likely.
ADA may face consolidation and a possible retracement to the $0.58–$0.60 range before it continues its upward momentum. Gambardello noted that such resets are essential for long-term, sustainable growth, aligning with patterns seen in previous cycles.
Long-Term Outlook for Cardano Remains Strong
Gambardello remains confident in Cardano’s long-term prospects despite the possibility of short-term consolidation. He believes that the macro landscape for Cardano is strong, and investors who exercise patience will be rewarded.
As the bull run enters a new phase, Gambardello is optimistic that Cardano will become a leading force in the cryptocurrency market.
Cardano’s Surge Continues: Impressive Growth Over Two Weeks
At the time of writing, Cardano is trading at a multi-year high of $0.8331, following a 14% surge in the past 24 hours. This recent growth adds to ADA’s impressive performance over the past two weeks, showing a remarkable 134% increase.
With solid fundamentals and growing investor confidence, Cardano’s future looks promising as it continues its journey towards more significant market influence
