Cardano ADA fit 100x–1000x as Bitcoin DeFi Yield Layer
Cardano founder Charles Hoskinson dey project say ADA fit shoot up 100x–1000x as e position Cardano as Bitcoin main DeFi yield layer. If dem fit integrate ADA into Bitcoin DeFi, e fit open both staking rewards plus ecosystem token incentives. Hoskinson talk say Cardano market cap don reach $30 billion, pass Bitcoin and e dey similar to returns on 108,000 BTC wey value $15 billion. Now, ADA dey consolidate around $0.80–$0.90, one critical support zone wey dem don test am many times for Q2 2025. If e hold this range, e fit open road for gains go $1.00–$1.15. If e fall below 200-day SMA e fit cause more sell pressure. On-chain data show negative spot taker CVD, meaning short term selling dey, but realized capitalization don increase from $23.4 billion to $23.6 billion, show say fresh capital dey flow and investors confidence still dey. Traders suppose dey monitor ADA integration plan with Bitcoin DeFi plus key support levels for signals of breakout or breakdown.
Bullish
Dis na news dey bullish for ADA. For short term, di way e dey steady near di key support between $0.80–$0.90, plus di rising realized capitalization, dey show say demand steady and breakout fit happen. For long term, if dem position ADA as Bitcoin DeFi yield layer, e go bring new utility and demand drivers—staking rewards plus ecosystem token incentives—wey fit make ADA market cap and price climb wella. If dem no fit defend support or e break di 200-day SMA, e go bad, but overall projection and on-chain signals dey show say positive momentum and upside dey.