Cardano (ADA) has been struggling to maintain a price above $1 in the market, but Cryptorank data suggests that the asset could experience positive growth in January based on historical trends. ADA has shown an average growth rate of 20.4% in January over the past seven years, indicating the potential for a 20% increase in January 2025. In January 2023, ADA saw a growth rate of 59.2%, and higher figures were recorded in 2020 and 2021. Despite the current decline in price, Cardano has seen an increase in market volume, suggesting that it may have reached its price bottom and could see further growth. Cardano whales have also been buying up ADA, potentially indicating anticipations of a price rebound.
- Content Editor ( u.today )
- 2024-12-30
Cardano (ADA) Might Reclaim $1.20 in January 2025 If History Replays