Cardano (ADA) experienced a rollercoaster of highs and lows during the first quarter of 2025, with its value fluctuating significantly. After a strong start in March, the price crashed from $1.1295 to currently trade around $0.66. Despite this downtrend, CryptoRank data reveals a 4.04% monthly performance for ADA, surpassing its seven-year average for March. However, the first quarter ended on a bearish note with a -22.5% loss, halting Cardano’s consecutive bullish opening quarters in 2023 and 2024. This comes despite notable developments within the Cardano ecosystem, including the launch of Starstream Zero-Knowledge Ethereum Virtual Machine protocol to address compatibility issues and improve operations, and the introduction of the Ouroboros Leios project, aimed at enhancing scalability and competitive positioning. Meanwhile, Cardano’s Light Wallet version 1.19.0 saw its launch, providing users with easier access to decentralized applications (dApps). While market conditions remain dynamic, analysts predict ADA could see significant growth in April if the U.S. economy experiences a recession due to ongoing trade wars. Such a scenario might cause a shift towards crypto assets as investors seek refuge in alternative investments.