Cardano's Daily Trading Volume Surges 35.10% Amid $7 Price Prediction

Coin WorldFriday, Jun 6, 2025 3:57 pm ET
1min read

Cardano (ADA) has recently garnered significant attention following a forecast by DeepSeek, China’s most advanced AI model, which predicts that

could reach $7 by the end of 2025. This projection suggests a potential tenfold increase from current prices, sparking renewed interest in the cryptocurrency market.

According to recent data, Cardano’s daily trading volume has surged by 35.10%, indicating a resurgence in market activity and investor interest. Despite a weekly price drop of 6.09% to $0.6472, the increased trading volume signals that buyers are returning to the market. This volume spike follows a period of lower performance, where ADA’s price declined to near the $0.620 support zone. Market analysts note that this increase could help ADA make another attempt to rise above the $0.70 resistance level, which it failed to hold at the end of May.

Historically, $0.70 has acted as a significant resistance zone for ADA, with multiple rejections at this level in recent weeks. Sustaining the current volume levels could help Cardano push past this mark and build toward the $1 target, a major psychological and technical milestone that ADA has not reached since early March.

DeepSeek’s prediction of a $7 ADA price by 2025 is based on its advanced AI modeling and technical capacity. This forecast implies a potential tenfold increase from current prices, drawing attention due to its data-driven approach. However, for this projection to become a reality, Cardano would need to reclaim resistance levels at $1.20 and then $2.00. These levels are seen as the next challenges after breaking the $0.70 barrier. DeepSeek’s projection assumes a strong bull market and a return to major inflows into Cardano over the next 18 months.

To maintain upward pressure, ADA needs to stay above key support levels, including $0.40 and $0.30. A break below these levels could delay any rebound attempts. On the upside, reaching and holding above $1 remains the next immediate goal before any higher targets. Development projects like Hydra and smart contract upgrades continue to support Cardano’s long-term growth, providing a solid foundation for future price movements.