Cardano’s Potential Soars: Analyst Sees Price Surge to $1.20

As crypto investors search for promising tokens with potential for growth, Cardano (ADA) is attracting attention as a undervalued gem. Despite a period of consolidation around the $0.80 mark, ADA has drawn predictions of reaching a new all-time high above $1.20. Analysts anticipate this increase due to expanding decentralized finance (DeFi) applications and increasing institutional investment in the crypto space.