A notable crypto trader has argued that #Cardano (ADA) may be closer to the $2 milestone than many realize.
Over the past few months, persistent bearish pressure has weighed on Cardano’s price, pushing it down to 12th place in the global crypto rankings. As a result, investor sentiment has weakened, with many skeptical of a major rebound.
However, Yesreel, a trader with six years of experience, has countered the pessimism by emphasizing ADA’s potential for rapid recovery. He argues that a short burst of strong daily gains could quickly drive ADA toward $2, citing its history of sharp rallies.
Key Points
A veteran crypto trader says ADA could surge to $2 faster than many expect.
He believes the feat can be achieved within days if ADA posts consecutive 40-50% upsurge.
The outlook is rooted in past market cycles in which ADA posted remarkable gains.
Currently trading at $0.2516, ADA would need an approximate 695% increase to hit $2.
ADA Can Hit $2 Faster Than Anticipated
According to Yesreel, ADA could reach the $2 level faster than many anticipate. Specifically, he notes that the asset would only need to achieve consecutive daily gains of 40% to 50% to reach this target.
This projection draws on past market cycles, during which ADA recorded rapid price increases amid rising demand and bullish sentiment. In such conditions, compounding gains can accelerate price growth significantly.
Currently, ADA trades around $0.2516, meaning the token would need to rise roughly 695% to hit $2. If ADA were to increase by 40% daily, it could reach that level in about 6 days. Alternatively, a 50% daily increase could shorten the timeline to five days.
Previous Remarkable Rallies
Notably, Cardano has demonstrated this explosive potential before. In 2021, ADA surged to an all-time high of $3.10. Between August 2 and September 2, 2021, the token climbed 134%, rising from $1.32 to $3.10.
Similarly, during the post-election rally of 2024/2025, ADA gained over 100% in just two weeks. During that period, its price jumped from approximately $0.32 on November 5, 2024, to $0.84 by November 20, 2024, marking a 162% increase in 15 days.
Caution Remains Imperative
Although historical trends indicate that such surges are possible, they typically occur under favorable conditions, such as strong market-wide sentiment and increased capital inflows.
Meanwhile, current macroeconomic headwinds, particularly escalating geopolitical tensions in the Middle East, continue to weigh on the crypto market. As a result, ADA and other crypto assets have struggled to regain strength, trading below $0.30 for weeks and slipping further to 12th place in global crypto rankings.
Essentially, while a move toward $2 may be achievable under the right conditions, it ultimately depends on sustained momentum and a more supportive market environment.