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Cardano (ADA) To Reach New All-Time High After Ripple (XRP)?

By WebDeskJuly 23, 20252 Mins Read
Cardano (ADA) To Reach New All-Time High After Ripple (XRP)?
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Ripple’s XRP and Cardano’s ADA are among the most sought-after cryptocurrencies with a market cap worth billions of dollars. While XRP breached its all-time high of $3.40 after seven and a half years touching a new ATH of $3.65 last week, its counterpart ADA is trying to replicate the price rise with no success.

Now that the cryptocurrency markets are pumping, can Cardano’s ADA repeat Ripple’s XRP price run in the charts? In this article, we will highlight how high or low ADA could trade in the indices during this period. The stock and cryptocurrency markets are rallying as institutional investors have gone all-in on the markets.

Also Read: XRP Is Up 500% Since July 2024: Can It Hit $5 in 2025?

After Ripple XRP, Cardano ADA To Hit New All-Time High?

Ripple (XRP) or Cardano (ADA): Which Coin Will Hit $1 in January 2024?
Source: Reddit

Cardano’s native token ADA is much different from that of Ripple’s XRP. The buying pressure for ADA has remained minimal, with a 24-hour trading volume of $2.5 billion, as CoinGecko reveals, despite the markets entering the bullish territory. The 24-hour trading volume for XRP is at $9 billion, which is approximately 4x that of Cardano.

The development indicates that buying and selling pressure in Cardano is not up to the mark and remains neutral. Compared to XRP, its trading volume was at $2.8 billion last month and surged 220% in 30 days. This signifies that a spike in transactions plays a vital role in pushing its price up in the charts.

Also Read: Cardano ADA Price Forecast: $12 Next Target? Here’s When

In the last three years, Cardano’s ADA has plunged in value after it climbed above the $1 mark. It happened in April 2022, December 2024, and January 2025. The leading altcoin is unable to sustain above the $1 range as traders initiate sell-offs at this price level. The chances of Cardano’s ADA breaching its all-time high of $3.09 are minimal and cannot replicate Ripple XRP’s run. It’s been almost four years since it tried to breach its ATH of $3.09, and it could take much longer than expected.

Credit: Source link

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