What Are Analysts Saying About Cardano’s Future Prospects? – FX Leaders

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There seems to be no stopping Cardano (ADA) from reclaiming the key $2 level as it extends its bullish rally even as several of its peers take a bit of a breather. At the time of writing, ADA/USD is trading around $1.968.Today’s an exciting day for Cardano traders as its Co-founder Charles Hoskinson is set to announce when the Alonzo HFC will take place. The rally could be building up in anticipation of this information and could strengthen further once investors know the exact date by when the important upgrade will take place, empowering the blockchain network with smart contract capabilities.Over the past seven days, the ADA has token’s value has increased by more than 43% and is likely to make more gains as the launch of the major upgrade nears. Experts in the space are also bullish about Cardano’s near term prospects, with one leading analyst who goes by the name Capo stating his preference to hold ADA over ETH in the next few weeks, suggesting it to be stronger tha
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