Cardano (ADA) Could Play a Central Role in the Expansion of the Cryptocurrency Industry

According to analyst Dan Gambardello, few developments in America mark the beginning of a series of positive changes for the cryptocurrency industry

Analyst Dan Gambardello highlighted several key developments in America that mark the beginning of a series of positive changes for the cryptocurrency industry, with Cardano potentially positioned to play a central role in the coming expansion.

A major change in the U.S. regulatory sector has also happened with President Trump signing the first crypto-specific bill into law. Gambardello stated in a recent analysis,

“If you’re a crypto holder, it is all being unlocked right now. I’ve personally waited years for this. I know many of you have waited years for this.”

Cardano Could Benefit from the New SEC Chair

The newly signed legislation is a change in the regulatory approach to cryptocurrency in the United States.

The bill targets the DeFi broker rule that would have imposed traditional IRS reporting requirements on decentralized platforms. Gambardello described this as “incredibly burdensome” and potentially harmful to innovation in the space.

“We are protecting the developers who are building the future of crypto, making clear that the United States will not see digital leadership to China and preserving the ability of Americans to conduct transactions without government interference.”

This regulatory development coincides with other changes in the U.S. cryptocurrency landscape. This includes the confirmation of Paul Atkins as the new SEC chair. Gambardello highlighted Atkins’ familiarity with Cardano and shared a clip of Atkins appearing on Input Output’s YouTube channel years ago.

Gambardello noted,

“We finally have an SEC chair that understands crypto, blockchain, and is a friend of Cardano.”

The analyst sees these changes as the beginning of a series of positive developments for the crypto industry. “The dominoes are just now going to start falling. Get used to this happening, everybody,” he stated.

Cardano’s Bitcoin integration

Cardano’s technical architecture and upcoming integrations place it in a strategic position to capitalize on the new regulatory environment, according to Gambardello.

A key development highlighted in his analysis is the upcoming Bitcoin integration. This will be showcased by Cardano founder Charles Hoskinson at the Bitcoin conference in Las Vegas.

“Bitcoin’s flying, all coins are going to fly. And especially the ones securely allowing Bitcoin to unlock trillions in DeFi,” Gambardello explained.

“Remember what’s happening right now. Charles Hoskinson will showcase Cardano Bitcoin integration live at the Bitcoin conference in Las Vegas. That’s Bitcoin, trillions. Cardano at the center of that, unlocking Bitcoin DeFi.”

This integration comes at a time when Hoskinson himself has expressed strong optimism about Bitcoin’s price potential. In a CNBC interview cited by Gambardello, Hoskinson predicted Bitcoin could reach $250,000 this year.

Beyond Bitcoin integration, Gambardello pointed to potential partnerships between Cardano and Ripple.

For Gambardello, these factors collectively position Cardano to gain substantial value.

“Cardano, I think is stepping into this opportunity zone and we can call it an innovation zone that something like Ethereum has not even had yet.”

Gambardello Speaks about ADA’s Short Term Price

While Gambardello emphasizes the macro developments supporting Cardano’s long-term thesis, he also addresses short-term price action and technical indicators.

His analysis identifies the 200-week moving average, currently around 73 cents for ADA, as a critical threshold. Breaking this level would allow traders to start discussing potential bull market conditions, though Gambardello cautions that reaching this moving average does not automatically trigger a bull market.

The analyst encourages viewers to take a longer-term perspective when evaluating Cardano’s potential. When zooming out on the chart, Gambardello sees a clear long-term trajectory forming despite short-term volatility.

He notes that current market conditions might result in a continued bottoming process for ADA and the crypto market.

Gambardello identifies a key technical range between 65 cents and 74 cents that encompasses both the 20-week and 200-week moving averages. Breaking through this zone would coincide with crossing above the 200-week moving average, which he refers to as “the bottom of the bull market doors.” Such a breakthrough would allow for more optimistic short-term technical analysis.

Despite his optimism about the fundamentals, Gambardello warns that the path forward could still include periods of sideways, choppy price action.