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Cardano (ADA) impressed market participants when it posted notable price gains in the broader cryptocurrency space in early December. The Origin looks set to repeat the feat this month as ADA did rose On a great path to start the year 2025 on a positive note.
High trading volume of ADA causes prices to rise
In a notable development, ADA price briefly broke through the $0.98 resistance level in an attempt to reclaim the $1 price mark. It may have been the massive increase in trading volume that led to this rise in prices. According to CoinMarketCap data, ADA trading volume rose 150.88% to $1.5 billion as investors actively traded the asset.
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The ADA community remains bullish as they expect current price growth to continue. They expect ADA to reverse the December high at $1.3264 soon if they can maintain the current momentum.
Historically, January has seen Cardano grow at a rate of 20.4% in the past seven years, according to CryptoRank data. Hence, analysts expect the strength of the asset Climb to $1.20 soon. The high trading volume and historical precedence are consistent with these expectations of the ADA.
Meanwhile, A Previous U.Today report It acquired Michael van de Poppe, a prominent cryptocurrency analyst who predicted an upward price movement in the coming days. Van de Poppe called it “a very arduous journey up” for the ADA.
The analyst says that ADA is likely to witness the first upward wave in the price and may record an all-time high (ATH) later in 2026.
Sustainable growth is on the horizon
Charles Hoskinson, the founder of Cardano, also gave the community something Looking forward to in 2025. Hoskinson stressed that Cardano will focus on partner chains to expand the blockchain ecosystem this year.
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The Cardano founder listed other notable projects he is looking forward to, including Bitcoin DeFi and the Midnight Network. Blockchain also brings focus to all dApp upgrades.
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