Top YouTuber Says $10 Price Definitely Possible for Cardano
The Modern Investor, a prominent YouTube personality, recently suggested that Cardano (ADA) reaching $10 is definitely possible during a strong altcoin season. Currently, Cardano is trading at $0.6578, down over 3% in the past 24 hours. The altcoin has also hit a weekly low, falling 7.9% over the past 7 days. To reach the projected $10 mark, ADA would need to surge approximately 1,420% from its current price.A key factor influencing the YouTubers bold outlook on ADA is a series of fundamental developments working in Cardanos favor. He notably referenced a recent statement by Cardano founder Charles Hoskinson, who subtly commented on ADAs price potential.Hoskinson mentioned that ADA could reach price targets of $3, $5, and possibly $10 as the ecosystem continues to mature.This perspective aligns with internal developments, including strategic efforts to integrate Bitcoin staking and support Ripples stablecoin, RLUSD.Strategic Developments with Ripple and the XRP LedgerCardanos leadership has confirmed active discussions with Ripple regarding the potential integration of the RLUSD stablecoin. In January 2025, Hoskinson stated via X that calls had already taken place with Ripples team. Talks began after meetings between Cardano and Ripple executives, including CTO David Schwartz, in November 2024. The goal is to bring RLUSD into Cardanos ecosystem, potentially through the Midnight privacy sidechain. Meanwhile, plans are also in motion to integrate the XRP Ledger with Cardano. These developments indicate an expanding effort to bridge ecosystems, positioning Cardano as a multi-chain platform. https://twitter.com/IOHK_Charles/status/1878601936620110139Lace Wallet Enhancements In parallel, Cardanos native wallet, Lace, reached a significant milestone with the release of version 1.22. This update introduced Bitcoin support within its beta program, marking Laces initial move toward becoming a multi-chain wallet. Users can now send, store, and manage Bitcoin directly through the Lace interface. Hoskinson acknowledged this development on X, confirming the updates alignment with Cardanos broader cross-chain strategy. Other Analysts Projecting $10 ADAVarious analysts have weighed in on ADAs future price potential elsewhere. Dan Gambardello, founder of Crypto Capital Venture, projected a price increase to $10 per token. Meanwhile, TradingView contributor CobraVanguard provided a more conservative technical analysis. He identified a bullish flag pattern on ADAs 3-day chart. Following a steep rise from $0.30 to above $1.30 between November and December 2024, ADA entered a downward-sloping flag formation. Resistance has held at $1.30, $1.10, and $0.90, while support levels remain firm around $0.63 to $0.56.However, the analyst noted that traders should wait for a breakout above the flags upper trendline. If that occurs, a move toward $1.3387 could materialize.
Text source: The Crypto Basic
