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Cryptocurrency News Articles
New Crypto Presale Rollblock (RBLK) Threatens to Steal the Show from Cardano (ADA) as the ICO Collects over $8.7M
Jan 19, 2025 at 12:52 am
The Cardano market cap has grown rapidly since the altcoin broke out with strong bullish momentum in August. However, the new crypto presale Rollblock (RBLK) continues to steal the crypto show as the ICO collects over $8.7 million.
Cardano (ADA) market cap makes a comeback, crossing $37 billion
Cardano (ADA) price has enjoyed a remarkable 6x multiplier from its 2022 bear market lows, following a price rally from a crucial 2021 monthly resistance zone at $1.32 in December.
After a brief selloff that pushed ADA into a two-week bearish run, collapsing to the $0.76 zone, investors have been observed accumulating the dip. This move has pushed ADA back up to trade above the $1 price level once again.
Consequently, ADA market cap has returned above $37 billion as the altcoin surges over 14% weekly. This development is particularly noteworthy considering Cardano’s plans to expand its DeFi ecosystem by integrating Ripple’s RLUSD into its blockchain.
Cardano price prediction for 2025
Despite ADA’s impressive price performance in recent months, the altcoin is only up about 99% year-to-date, leaving ADA with ample room to surge upwards.
A 90% bullish community sentiment indicates that ADA may make a move soon. According to CoinCodex, Cardano is projected to rally nearly 100% towards $1.9 in January. Moreover, August is expected to be the most bullish month for ADA when it could explode over 400%, reaching $5.3.
ADA is good, but RBLK is better
While ADA is expected to post bullish price action in 2025, its prospects pale in comparison to RBLK as traders snap up over 50 million RBLK tokens in stage 9.
Only about 21 million tokens are left at $0.046 before the price increases to $0.052 in stage 10.
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