Analyst Reveals Why Cardano Price Rally To $10 Isn’t ‘Crazy’

Monicah W

Analyst Reveals Why Cardano Price Rally To $10 Isn’t ‘Crazy’

Several theories are touting Cardano price to clinch $10 but critics are tagging the projections as outlandish. However, one cryptocurrency analyst has picked up the gauntlet to rationalize the claims of ADA reaching $10 during this cycle, citing a slew of factors.

Cardano Price To $10 Is In Play

Cryptocurrency analyst Dan Gambardello has reiterated claims that Cardano price is headed to $10 in this cycle. According to his analysis, Gambardello poked a hole through the barrage of criticisms leveled against ADA optimists backing the asset to reach $10.

Gambardello began his analysis with key ADA fundamentals, citing its speed, decentralization, scalability, and security standards. He points to incoming Bitcoin DeFi and the potential unlocking $2 trillion opportunity for Cardano. The recent Cardano Lace Wallet retrofitted with multichain functionality specifically for the Bitcoin blockchain underscores the point.

The analyst turns his gaze to the impending end of quantitative tightening and the start of quantitative easing by the Federal Reserve and its potential for cryptocurrencies. According to Gambardello, the move signals a major “bullish catalyst” for ADA given the uptick of liquidity flooding the market.

Gambardello bolsters his argument with ADA’s inclusion in the Digital Asset Stockpile as proof of Cardano’s price climbing to $10.

ADA Trading at $10 Is Not A Crazy Idea

At the moment, ADA is trading at $0,70, a far cry from the projected $10. However, Gambardello argues that the Cardano price can clinch reach $10 given its positives.

“A $10, $350 billion market cap sounds crazy to a lot of people, I understand,” said Gambardello. “But I will not ignore the possibility of it just because it sounds crazy.@

The analyst goes on to cite Cardano’s run to reach an all-time high, surging from $0.3 to $3.09 back in 2021. Gambardello says that at the time Cardano price climbed by nearly 1,000% without smart contracts or an inclusion into the Digital Asset Stockpile.

A move toward $10 represents a 1,300% jump for ADA which Gambardello says is within reach given Ethereum’s price action during the last bull run. While Gambardello did not give a clear timeline, he disclosed that multiple ADA retracements are a real possibility before the final march to $10.

The post Analyst Reveals Why Cardano Price Rally To $10 Isn’t ‘Crazy’ appeared first on CoinGape.

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The Pakistan government is preparing to launch a strategic Bitcoin (BTC) reserve to ensure long term economic prosperity. The announcement was made at the Bitcoin 2025 Conference on Wednesday at the Venetian Convention Center in Las Vegas by Bilal Bin Saqib, the special assistant to the Pakistani prime minister on blockchain and cryptocurrency.

Saqib announced that Pakistan will establish a strategic Bitcoin reserve and never sell its BTC trove in future. Furthermore, Pakistan wants to follow in the footsteps of the United States, which intends to implement a strategic Bitcoin reserve to deal with the high debt burden.

“We are getting inspired by the U.S. government. We will be holding these Bitcoins and we will never, ever sell them,” Saqib stated.

What Next For Bitcoin Price Action?

Bitcoin price experienced a significant resistance level above $110k in the past few days, thus resulting in the ongoing market correction. The flagship coin dropped over 2 percent in the past 24 hours to trade about $107k on Wednesday, May 29, during the late North American trading session.

Bitcoin price has experienced relentless bearish pressure since last Friday, despite the notable accumulation by institutional investors. Furthermore, more institutional investors, led by GameStop, have joined Strategy in acquiring more BTCs as a hedge against inflation.

https://x.com/techcharts/status/1927791497090363555?s=46
According to market analyst, Aksel Kibar, Bitcoin price must clear the resistance hurdle around $109k, in the weekly timeframe, to invalidate a potential retrace towards $76k. Moreover, BTC price could be forming a potential double top coupled with bearish divergence of the weekly Relative Strength Index (RSI).

The post Pakistan to Launch Strategic Bitcoin Reserve: Will BTC Price Regain Bullish Momentum? appeared first on Coinpedia Fintech News
The Pakistan government is preparing to launch a strategic Bitcoin (BTC) reserve to ensure long term economic prosperity. The announcement was made at the Bitcoin 2025 Conference on Wednesday at the Venetian Convention Center in Las Vegas by Bilal Bin Saqib, the special assistant to the Pakistani prime minister on blockchain and cryptocurrency. Saqib announced …

Can XRP Outperform Bitcoin in 2025? 

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The post Can XRP Outperform Bitcoin in 2025?  appeared first on Coinpedia Fintech News

Excitement around XRP is building, with experts, analysts, and even ETF issuers hinting at bullish sentiment. In a recent interview with Bloomberg, Teucrium CEO Sal Gilbertie was all praises for XRP as he praised Ripple’s dedicated team calling them “really professional people working really hard.”

He believes that XRP as a coin will have the most utility. “Bitcoin is a store of value, But i think that XRP has a true use case. The Ripple team is really professional, they act like investment bankers and they know what they are doing. That’s why we chose XRP” he said.

Gilbertie had previously expressed his admiration for XRP, calling it “very legitimate.” He also praised the debut of the XRP ETF, describing it as “terrific and overwhelming.” Teucrium, known for its commodity ETFs, has recently been showing growing interest in crypto.

Analyst Dark Defender recently predicted that XRP could soon experience a breakout against Bitcoin, leading to a “God Candle” in 2025. This comes after XRP successfully broke a multi-year downtrend against Ethereum, which marked a huge shift in its market position, relative to other altcoins. 

The XRP/BTC pair is showing signs of a breakout, with technical indicators like a narrowing wedge and strengthening RSI hinting to explosive moves ahead. The “God Candle” refers to a massive bullish surge that could indicate a shift in market sentiment, which could allow XRP to outperform Bitcoin in the near future.

Earlier this year, analyst Steph Is Crypto had also predicted that XRP has broken out against Bitcoin and is poised to outperform Bitcoin by at least 595%.

Focus Off The Charts

Max Avery suggests that analysts could be underestimating where XRP is heading next by focusing too much on charts. He discussed factors like real-world utility, institutional adoption, network strength and a few regulatory advantages that sets XRP apart. He had previously explained that for Bitcoin to deliver a 10x return, it needs to reach $1 million, while XRP only needs to hit $25. XRP is currently trading at $2.27, up over 8% in the past day, and up by over 24% in the past two weeks.

The post Can XRP Outperform Bitcoin in 2025?  appeared first on Coinpedia Fintech News
Excitement around XRP is building, with experts, analysts, and even ETF issuers hinting at bullish sentiment. In a recent interview with Bloomberg, Teucrium CEO Sal Gilbertie was all praises for XRP as he praised Ripple’s dedicated team calling them “really professional people working really hard.” He believes that XRP as a coin will have the …

Experts Break Down Why ALPACA’s 1,000% Surge Could Be Market Manipulation

Following Binance’s delisting announcement, Alpaca Finance (ALPACA) has experienced a staggering quadruple-digit price rally over the past week.

This counterintuitive market behavior has sparked intense discussion among analysts and traders. Many experts suggest that this could be a case of market manipulation.

Why Did ALPACA’s Price Pump Despite Binance Delisting? 

Usually, a Binance listing is a bullish signal for tokens, often driving prices upward due to increased visibility and liquidity. However, recent trends indicate a reversal of this pattern.

On April 24, Binance announced the delisting of four tokens, including ALPACA. While the value of all other tokens declined, ALPACA’s price shot up. BeInCrypto data showed that the token appreciated by over 1,000% over the past seven days.

Nevertheless, the momentum appears to have slowed somewhat as ALPACA nears its delisting on May 2. Over the past day, its value has dipped by 34.5%. At the time of writing, it was trading at $0.55.

ALPACA Price Performance
ALPACA Price Performance. Source: BeInCrypto

Yet, ALPACA’s unusual rise has grabbed the attention of market watchers. 

“ALPACA is the worst crypto manipulation I’ve seen in recent times. How do you pump a token from 0.02 to 0.3 then sell it back to 0.07 and pump it from 0.07 to 1.27 then back down to 0.3,” a user wrote.

Analyst Budhil Vyas called it a “textbook liquidity hunting.” He explained that large market players, or whales, initially drove the price down by 80%, triggering panic and liquidations. Then, just before the 2-hour delisting deadline, they rapidly pumped the price by 15X. 

ALPACA Price Manipulation
ALPACA Price Manipulation. Source: X/BudhilVyas

Vyas believes this was a strategic move to extract liquidity from the market, as these whales were desperate to secure positions before the asset was removed from the exchange. He further emphasized that no real accumulation was taking place. 

The analyst said the price surge was purely tactical. It was designed to drain whatever liquidity was left in the market.

“This is crypto in 2025. Stay alert,” Vyas cautioned.

Meanwhile, Johannes also provided a detailed breakdown of the mechanics behind such price manipulations. In the latest X (formerly Twitter) post, he elaborated that sophisticated parties exploit the low liquidity that follows delisting announcements. 

The strategy involves dominating a large portion of the token’s supply. The traders take large positions in perpetual futures, betting on the token’s price rising, as these contracts are more liquid than spot markets.

They then buy the token on the spot market, increasing demand and price. With most of the supply controlled, there is little selling pressure, allowing the price to spike.

Once the delisting occurs, the perpetual futures positions are forced to close with minimal slippage. This enables traders to lock in substantial profits. 

DeFi analyst Ignas also weighed in on the situation. According to Ignas, this pattern has been observed before, especially during delisting announcements on the South Korean exchange Upbit. 

In fact, he noted that delistings used to receive similar, if not more, attention from speculators as new listings in the country.

“A delisting window requires closing down deposits, so with an inflow of new tokens restricted, degens pump the price to get the last hooray before an inevitable dump,” he wrote.

Ignas referenced Bitcoin Gold (BTG) as an example. The altcoin’s price increased by 112% after Upbit announced its delisting, showing that this price-pumping behavior still occurs.

These cases have sparked debate about whether the “pump → delist” pattern is becoming a new trend. As the crypto market matures, these manipulative practices highlight the urgent need for research, vigilance, and stronger regulatory oversight to protect investors from predatory strategies.

The post Experts Break Down Why ALPACA’s 1,000% Surge Could Be Market Manipulation appeared first on BeInCrypto.