DeepSeek AI claims Cardano (ADA) will reach this goal by March 31, 2025. Despite the price volatility, Cardano’s activity on the blockchain is on the rise, indicating its bullish momentum: the total value of blockchain funds (TVL) in the DeFi ecosystem jumped from $323 million on March 2 to $415 million on March 5, indicating investor participation.
Meanwhile, Artemis data showed that daily transactions rose from 34,400 on March 1 to 58,600 on March 4.
DeepSeek #AI believes that this increase in transactions is due to both new users entering the ecosystem and
another major boost was the SEC’s approval of Grayscale’s application to create a #Cardano #ETF , with a decision expected by August 2025. A decision is expected by August 2025. If approved, the ETF will be able to attract institutional capital, further strengthening ADA’s long-term prospects.
Based on its analysis, Deep Seek AI believes that #ADA could trade in the $1.50-$2 range by the end of March 2025, and Model
AI suggests that ADA could reach the upper range of this forecast if institutional technology adoption accelerates, core networks are successfully upgraded, and macroeconomic conditions improve. The report states.
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