Cardano Ranks 2nd Globally in Community Support with 88% Bullish Votes
- Cardano ranks second globally in community support, just behind Bitcoin.
- 88% of votes for ADA are bullish, showing strong market confidence.
- ADA trades near $0.60, maintaining stability despite recent volatility.
According to TapTools, Cardano has once again proven its position among the most supported cryptocurrencies worldwide. Ranking second globally in community backing, it trails only behind Bitcoin.
The data revealed that 88% of Cardano’s community members remain bullish, reflecting one of the most confident and loyal investor bases in the digital asset space. This strong backing highlights how Cardano continues to build trust through consistent project development and transparent communication.
Since its launch, Cardano’s native token ADA has maintained a top position in global rankings, being one of the few cryptocurrencies outside Bitcoin and Ethereum to consistently stay in the top 15 by market capitalization.
This sustained presence shows that investor belief in the project’s long-term vision remains unshaken despite ongoing market fluctuations.
ADA Maintains Stability Around $0.60
Market data from CryptoPulse shows that ADA is currently hovering around the $0.60 mark after successfully retesting previous lows. Despite a volatile 48-hour trading window, ADA managed to hold firm, indicating that short-term market pressure hasn’t affected broader investor sentiment.
CryptoPulse noted that while the market appeared choppy, many traders took this as a moment to refocus on the bigger picture. In their analysis, such conditions often provide opportunities for strategic accumulation rather than panic selling.
ADA’s resilience near its key support level underscores how investors continue to see value in Cardano’s network fundamentals, including its scalability and decentralized governance model.
Bold Predictions Signal a Potential ADA Explosion by 2026
One of the most striking forecasts for Cardano’s long-term growth comes from crypto trader Mr. Brownstone, who refers to ADA as the “buy of the century.” He suggests that if ADA were to decline below $0.20, it could create one of the most attractive buying opportunities in modern crypto history.
His Fibonacci-based projection outlines potential price targets reaching $22.88 for intermediate wave three, $167.41 for primary wave three, and an ambitious $572.41 for primary wave five by 2026.
While such figures represent high optimism, they also highlight the growing belief among some traders that Cardano’s next major cycle could bring life-changing returns for early accumulators.
Also Read: Cardano Faces Decline as Bulls Eye $0.75 Resistance for Recovery
