Analyst Predicts Cardano Could Surpass $3.50 on Wave 3 Rally

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Market rally momentum could push Cardano (ADA) past $3.50 during Wave 3, per analyst Migoreng_wrap on TradingView. On-chain data shows ADA has been in a correction since December 2024, with Wave 3 expected to break the $3.10 all-time high. The Cardano Foundation’s stablecoin project is also seen as a catalyst for DeFi growth in 2025/2026.
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