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Finbold 2025-03-05 19:02:41

DeepSeek AI says Cardano (ADA) will hit this target by March 31,2025

Cardano ( ADA ) has experienced significant volatility, initially surging 80.83% from its February 3 low of $0.6249 to a peak of $1.13 on March 3, driven by President Trump’s announcement of a Strategic Crypto Reserve, which included ADA as a key asset. The news sparked a wave of optimism, fueling a broad crypto market rally. However, the momentum was short-lived as Trump’s announcement of 25% tariffs on U.S. imports from Canada and Mexico triggered a market-wide selloff , sending ADA tumbling to $0.7570. The cryptocurrency has since rebounded 30%, trading at $0.97 at press time. ADA one-day price chart. Source: Finbold Amid this heightened volatility, Finbold analyzed market trends and consulted DeepSeek AI for its forecast on where the cryptocurrency could be trading by the end of March. DeepSeek identifies key ADA price drivers When prompted, DeepSeek AI identified Trump’s Strategic Crypto Reserve initiative as the primary bullish catalyst for ADA. Its inclusion in a state-backed reserve could significantly boost adoption, liquidity, and institutional inflows. Following the announcement, whale investors accumulated over 420 million ADA tokens, further signaling confidence in Cardano’s long-term potential. Key ADA price drivers. Source: DeepSeek/Finbold Despite its price fluctuations, Cardano’s on-chain activity has surged, further signaling its bullish momentum. The Total Value Locked (TVL) in its DeFi ecosystem jumped from $323 million on March 2 to $415 million by March 5, indicating increased investor participation and capital inflows. At the same time, daily transactions rose from 34,400 on March 1 to 58,600 on March 4, according to Artemis data. DeepSeek AI interprets this rise in transactions as a sign of growing network adoption, driven by both new users entering the ecosystem and existing participants increasing their activity. Another significant catalyst is the SEC’s acknowledgment of Grayscale’s Cardano ETF filing, with a decision expected by August 2025. If approved, the ETF could attract institutional capital, further strengthening ADA’s long-term outlook. DeepSeek AI’s ADA price prediction for March 2025 Based on its analysis, DeepSeek AI projects that ADA could trade between $1.50 and $2 by the end of March 2025, representing a potential gain of 57.89% to 110.53% from current levels. ADA price prediction. Source: DeepSeek/ Finbold The AI model suggests that if institutional adoption accelerates, key network upgrades are successfully implemented, and macroeconomic conditions improve, ADA could push toward the upper range of this forecast. However, DeepSeek AI also cautions that regulatory uncertainty, broader market downturns, or failure to maintain key technical support levels could limit gains closer to $1.50. Featured image via Shutterstock The post DeepSeek AI says Cardano (ADA) will hit this target by March 31,2025 appeared first on Finbold .

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