Market analysts suggest that Cardano (ADA) could rise over 19,000% if Bitcoin reaches $500,000. The crypto market's recent bullish sentiment has seen Bitcoin approach $65,000, boosting ADA, which rose to an intraday high of $0.4012. As Bitcoin's price movements often influence ADA, analysts speculate on its potential if BTC hits $500K.
Aryan, a noted analyst, predicts ADA could reach $75 if Bitcoin hits $500,000, implying a 19,405% increase from ADA's current value of $0.3845. In this scenario, ADA would significantly outperform Bitcoin, which would need a 680% increase to hit $500K. This would give ADA a market cap of around $3.37 trillion.
Timelines for ADA reaching $75 vary. Aryan targets 2025, while Changelly suggests 2040, and Telegaon analysts are more conservative, projecting a $45 peak by 2050. Some analysts believe a more realistic ADA target is between $5 and $10 based on historical performance.