Cardano (ADA) Targets $10 Valuation with Potential Surge Exceeding 2000%
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Market Forecast: Quantum Ascend predicts that Cardano (ADA) could reach a $10 valuation in the near future, based on technical data and upcoming network upgrades, suggesting a potential surge exceeding 2,000%.
- Historical Pattern Analysis: Utilizing Elliott Wave Theory, ADA is currently in the 'D phase' of a historical upward channel, and a successful transition to the 'E phase' could trigger significant market gains, reminiscent of the strong rally from 2018 to 2020.
- Impact of Technological Upgrades: The upcoming launch of the Midnight mainnet and the Leios scaling innovation are expected to greatly enhance Cardano's transaction capabilities, attracting developers and broadening its appeal in the DeFi and stablecoin markets.
- Supporting Market Trends: With growing optimism around a prospective Ethereum spot ETF and increasing institutional interest in the Solana network, investors may gravitate towards projects with robust infrastructure, positioning Cardano's technological advancements to attract heightened attention.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.







