
Dan Gambardello, founder of Crypto Capital Venture, on Saturday said Cardano is better positioned than Ethereum after Cardano breached the 4 million wallet milestone. He believes it is a historic milestone that indicates massive upside potential in the ADA price to $15.
Cardano influencer Dan Gambardello in a tweet on March 25 shared the interesting news of the number of wallets on the Cardano network breaching the 4 million “historic milestone.” In a new YouTube video, he revealed why it is such a crucial number and predicted the ADA price.
CARDANO JUST BROKE HISTORIC MILESTONE! (ADA PREDICTION HERE!)https://t.co/nioIbnykQM
— Dan Gambardello (@cryptorecruitr) March 25, 2023
After his earlier analysis of accurately predicting the ADA high of $3 when the price was trading at $0.08 in June 2020, based on Ethereum events. Dan Gambardello has once again used Ethereum data to predict ADA price.
According to his analysis, Ethereum hit 4 million wallets in 2017 at a market cap of $21 billion and Cardano reached the 4 million wallet milestone at a $12 billion market cap. In the bull run, Ethereum went on to hit 125 billion market cap and Cardano hit a $91 billion market cap.
He predicts ADA price will hit a high of $15 in the next bull market, with the market cap reaching nearly $500 billion. He believes developments related to Cardano are in line with Ethereum and considers Cardano a better blockchain.
Dan Gambardello noted that Cardano now has scalability and better projects after the Vasil hard fork and more innovations are coming on the Cardano network.
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Cardano (ADA) Price Breaks Above Support Level
ADA price has broken above the $0.33 support level and the next crucial resistance level is at $0.45. At the time of writing, the ADA price is trading at $0.36, trading up 1% in the last 24 hours.
The 24-hour low and high are $0.357 and $0.364, respectively. The trading volume is currently down due to the lack of interest among traders in the broader crypto market.
Also Read: XRP News: XRP Outperforms Bitcoin, Ethereum; Whales Move 383 Million XRP
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