Cardano's recent moves over the past few months are indeed worth paying attention to. On the technical front, the Midnight privacy sidechain has officially launched, and the cross-chain bridge with Solana is about to be activated, which could bring in approximately $95 billion in DeFi liquidity to the ecosystem.

From a policy perspective, the advancement of the US CLARITY Act may change the classification of crypto assets. If ADA is recognized as a commodity rather than a security, the ETF approval pathway will open up—this is significant for mainstream institutional entry.

In terms of market outlook, many analysts have conducted price modeling based on the three major catalysts mentioned above. Currently, ADA is trading around $0.35. According to these predictive models, if all three developments are successfully implemented and the market responds positively, the theoretical upside could reach $2.5.

Of course, the crypto market is full of uncertainties. Whether the technical implementations proceed smoothly, how the policy directions are ultimately defined, and whether capital will follow—these are all key variables influencing the actual price trajectory.