
After the impressive XRP rally in 2024, many investors watch the next big chance. Crypto analyst Sheldon The Sniper thinks Cardano (ADA) is now ready for a similar outbreak.
Cardano ready for XRP-like rally
Sheldon, known for the popular crypto banter podcast, sees striking similarities between the current ADA graph and the moment at which XRP broke through last year.
The XRP rally started shortly after the re-election of Donald Trump in November 2024. Not much later it became clear that SEC chairman Gary Genler would leave, a key figure in the years of legal battle with Ripple. The race shot from 0.50 dollars to $ 3.34 in a few months, an increase of 568 percent. A new record of $ 3.66 followed in July 2025.
Cardano rose from 0.32 to $ 1.23 in the same period, but is now around $ 0.85. If Ada makes a similar jump like XRP, the rate could be around 2.30 dollars.
Fundamental developments strengthen the story
According to Sheldon, Cardano’s prospects are not only technically strong, but also fundamental. For example, he mentions the development of Midnight (Night), a privacy-oriented Sidechain on the Cardano-Blockchain. This technology must make the network suitable for applications with sensitive data, such as identity management or the safe sharing of medical records.
The AirDrop of Midnight has since started. Everyone who owned Cardano, Bitcoin (BTC), Ethereum (ETH) or Solana (SOL) before June 11 has a chance to win night tokens. Holders of other coins such as Avalanche (Avax) and Binance Coin (BNB) are also eligible. There is less than two months to claim.
Altseason can give extra fuel
Sheldon expects the second phase of the Altseason to start as soon as Bitcoin breaks his all-time high of 123,200 dollars. First there can be a small correction, but after that he sees room for hefty increases at Altcoins – with Cardano as a possible outstill.
Source: https://newsbit.nl/analist-voorspelt-cardano-explosie-ada-kan-zelfde-pad-volgen-als-xrp/