Cardano has seen a clear rebound in recent trading days. According to foreign media, ADA had previously fallen out of the top twenty in terms of market value among crypto assets after a significant pullback. However, now that the overall market is strengthening, there are signs of recovery in both price and ranking.
The article cites data from CoinGecko which shows that ADA has risen by 2.9% in the past 24 hours, 16.7% in the past 7 days, 18% in the past 14 days, and 17.4% in the past 30 days. Prior to this, ADA reached $1.21 in December 2024, after which it entered a correction phase.
Recently, the upward trend has followed the recovery of the broader market.
Foreign media believes that this rebound is not driven by a single event of Cardano, but rather by the overall warming of the crypto market. Bitcoin once rose to around $87,000 earlier this month, which in turn led to a simultaneous increase in other mainstream tokens, and ADA also gained support during this process.
The article also links the market rebound to changes in energy prices. It is mentioned that after Iran made relevant statements regarding the Strait of Hormuz issue, oil prices fell for a time. As conflicts in the Middle East continue to disrupt the energy market, fluctuations in oil prices are also believed to affect inflation expectations and further impact the performance of risk assets.
Pay attention to changes in oil prices and interest rate expectations
The article suggests that if the United States and Iran make progress on the agreement in the coming days, oil prices may fall further and stabilize. If the pressure on energy prices eases, market expectations for a Federal Reserve interest rate cut could increase, and such an environment is generally conducive to a strengthening of crypto assets.
Under this judgment, whether ADA can return to the top ten in market value still depends on two factors: first, whether Bitcoin can maintain its strength and continue to drive market risk appetite; second, whether macroeconomic variables, especially oil prices, inflation, and interest rate expectations, will continue to develop in a favorable direction.
Whether it is possible to return to the top ten still depends on the continuity of the market.
From the logic presented in the article, the current rebound of ADA is more of a cyclical response, rather than a new independent catalyst arising from the fundamental aspects of the project. In other words, if the overall market trend continues to rise, there is still room for ADA to recover its ranking; however, if macroeconomic expectations weaken again, the sustainability of this rebound could also be affected.
Foreign media have not provided a clear timeline or target market value, but they believe that with the market continuing to strengthen and macroeconomic pressures easing, Cardano has the opportunity to return to the top ten of the crypto asset market values.
