The Crypto Desk

Cardano Soars: Will ADA Reach $1.50 After Joining REX-Ospreys Top 10 Crypto Index ETF?

Cardano Soars: Will ADA Reach $1.50 After Joining REX-Ospreys Top 10 Crypto Index ETF?

In a groundbreaking development for the Cardano (ADA) community, the price predictions have shifted dramatically into bullish territory. This surge in optimism follows the recent news that REX Shares and Osprey Funds have added Cardano to their Top 10 Crypto Index ETF. The implications are significant: not only will this ETF track spot prices, but it will also include staked products, allowing investors to earn rewards by staking their assets while benefiting from market performance. So, is this the dawn of a new era for Cardano?

The air is electric with anticipation as analysts and investors alike gear up for what could be a mega fourth quarter rally. With the recent 25 basis points rate cut from the Federal Reserve adding further positive sentiment to the market, many experts now predict that the price of ADA could soar to $1.50 this quarter—a level not seen since 2022.

For this bullish trajectory to materialize, however, Cardano must first eclipse the $0.80 mark. Notably, cryptocurrency analyst Ali Martinez highlights this critical level as a major turning point. The sentiment within the Cardano community is currently vibrant, with nearly 91% of members expressing optimism about a price rally to multi-month highs according to CoinMarketCap. This collective enthusiasm is a clear indicator of the bullish momentum building around ADA.

Cardano Price Prediction: ADA Added to REX-Osprey Top 10 Crypto Index ETF — Is a 120% Rally to $1.50 Next?

Looking back, Cardano’s performance during the last bullish run was nothing short of extraordinary. Starting from a mere $0.05 in early 2020, ADA skyrocketed to an astonishing peak of $3.10 by September 2021. With market conditions heating up again, analysts are optimistic that we could witness a repeat of this incredible price surge as we head into 2026.

Technical analysis reveals that ADA is currently consolidating around the $0.65 mark, following a correction from its recent highs. The charts exhibit a broader descending trend, yet signs of accumulation and bullish sentiment are emerging. A significant support zone between $0.50 and $0.55 has been identified, suggesting potential for a strong rebound if prices revisit this level.

Cardano Price Prediction: ADA Added to REX-Osprey Top 10 Crypto Index ETF — Is a 120% Rally to $1.50 Next?

As us traders often say, the key is in the breakout. If Cardano can successfully traverse the descending trendline, we could see a rapid ascent towards $1.02, with the potential to reach $1.40 in the next major price impulse. However, caution is advised; a drop below $0.50 would invalidate this optimistic scenario and could spell further downside.

In another noteworthy development, Bitcoin Hyper has emerged within the crypto landscape, raising an impressive $25 million in its presale. This Layer 2 solution aims to enhance Bitcoin’s transaction efficiency by utilizing technologies like the Solana Virtual Machine alongside a Canonical Bridge. With its rapid presale sellouts and rising interest, Bitcoin Hyper is grabbing attention for its innovative approach in a crowded market.

Cardano Price Prediction: ADA Added to REX-Osprey Top 10 Crypto Index ETF — Is a 120% Rally to $1.50 Next?

As we navigate this thrilling period for Cardano and the broader cryptocurrency market, the essential question remains: Will ADA capitalize on this newfound momentum, or will it succumb to market fluctuations? One thing is clear: the coming months are critical for investors and enthusiasts alike. Stay tuned, as we continue to monitor these developments closely.

For more insights on cryptocurrency trends, check out [CoinDesk](https://www.coindesk.com) and [CoinTelegraph](https://cointelegraph.com), where you can find expert analyses and the latest news in the crypto space.

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