Cardano makes news with the impending Basho upgrade. Analysts claim that the basho upgrade could be a major reason behind the ADA price ascent in this bull run. The ADA price gained 8% between March 23 and March 25, once again testing the $0.76 resistance level, which has held for over two weeks.
Although still far from its March 3 high of $1.18, traders remain optimistic about further gains for Cardano. Their confidence is driven by the ongoing efforts of founder and CEO Charles Hoskinson to highlight the network’s advantages and ADA’s potential to industry leaders, particularly within traditional finance markets. New ICOs steal the show simultaneously.
IntelMarkets grabs attention as its presale crosses the $12.1 million mark. Experts call it the best and the most explosive altcoin of this bull run, with predictions of a 22,000% upside by 2026.
ADA Price Actions And Reasons Behind Cardano’s Trajectory
The ADA price surge on March 3 was triggered by US President Donald Trump, who explicitly mentioned Ether, XRP, and Cardano on his official social media accounts as leading candidates for the US Digital Asset reserves.
However, the Digital Asset Stockpile executive order signed by Trump on March 7 did not include plans to purchase any altcoins, despite his earlier claims, causing turbulence in the path of ADA price.
A fresh wave of bullish speculation for ADA price emerged after Donald Trump Jr. was announced as a speaker at the DC Blockchain Summit 2025, a panel moderated by Cardano founder Charles Hoskinson.
The two-day event in Washington, D.C., will feature several prominent speakers, including Wyoming Governor Mark Gordon, Majority Whip Tom Emmer, Senator Ted Cruz, Senator Cynthia Lummis, and Bo Hines, Executive Director of the Presidential Council of Advisers for Digital Assets.
More recently, on March 24, the project introduced a dollar-pegged stablecoin on Ethereum and BNB Chain, though it is not yet tradable. A significant portion of Cardano’s recent gains is likely driven by speculation about a potential collaboration with World Liberty Financial, similar to the $30 million investment from Tron founder Justin Sun or Web3Port platform’s $10 million investment.
The basho upgrade is also expected to improve the Cardano network and cause a surge in the ADA price. Improvements within Cardano’s DeFi ecosystem and the opportunity to capture outsized yields could also benefit the ADA price.
Hydra, a layer-2 scalability solution on Cardano, has achieved nearly 1 million transactions per second while running a game. Some users have pointed out that no transactions have ever failed on the Cardano base layer, setting it apart from networks like Solana, which claim scalability but have faced issues.
IntelMarkets Eyes Higher Levels Than Other ICOs
IntelMarkets is prepared to exceed market expectations and leave competitors like Cardano in the dust during this bull run. The AI coin has rallied 910% since its presale began, significantly surpassing the wider altcoin market’s year-to-date (YTD) performance.
The IntelMarkets platform harnesses blockchain and AI powers to enhance its efficiency and security. The platform runs on a dual-chain system, using both Ethereum and Solana to drive its operations.
Users will have access to a suite of sophisticated features, such as decentralized applications, liquidity pools, and smart contracts, by integrating Ethereum. In addition, transaction costs will be lower compared to other networks with Solana’s integration.
What sets IntelMarkets apart is its focus on improving profitability and mitigating market risks. The platform does so by introducing AI-powered trading bots to analyze the market thoroughly and suggest the best strategy so that you end up on the winning side even in a turbulent market.
The presale gain of $12.1 million has set yet another record in the crypto realm, with investors rushing to grab the AI token rapidly.
Discover more about IntelMarkets:
Presale: https://intelmarkets.io/
Buy Presale: https://buy.intelmarkets.io/
Telegram: https://t.me/IntelMarketsOfficial
Twitter: https://x.com/intel_markets
