Gambardello’s $13 price prediction is based on institutional interest, increased whale accumulation, and market cycle tendencies. He compares ADA’s trajectory to Ethereum’s past price performance and claims that if Cardano follows a similar growth curve, it might experience a 4,400% to 5,800% jump. This would bring ADA’s market capitalization near to $500 billion, a major boost to its prominence in the cryptocurrency sector. However, ADA’s short-term outlook makes this prediction doubtful. Price resistance is at $0.84, $1.00, and $1.25. A confirmed breakout above these levels might strengthen Cardano’s long-term bullish trend. Some reasonable estimates place ADA’s price between $7 and $10; the increased involvement of institutional investors like Grayscale and Tuttle Capital supports a more aggressive valuation.
Furthermore, on-chain data reveals increased whale activity, signaling a buildup ahead of a potentially significant move. In January, showed that ADA whales accumulated a notable amount of tokens, with the peak being from the 14th to the 17th.
