$ADA: Crypto Analyst Says Once Vasil Hard Fork Date Is Announced ‘This Puppy Will Rip!’

At 7:36 a.m. UTC on Wednesday (July 20), on crypto exchange Binance, the price of Cardano’s $ADA token hit an intraday high of $0.5476, which is the highest it has been since June 12.

Source: TradingView (5-Day ADA-USD Price Chart)

Source: TradingView (3-Month ADA-USD Price Chart)

New Zealand based crypto analyst and educator Lark Davis said earlier today that since ADA-USD has gone above its 50-day Exponential Moving Average (EMA), he expects $ADA to start enjoying a big rally as soon as IOG Co-Founder and CEO Charles Hoskinson announces the exact date for the hotly-anticipated Vasil hard fork (which is expected to go live on the mainnet before the end of this month).

#cardano $ada has broken past its 50 day EMA, now we just need Charles to announce the date of the Vasil hard fork and this puppy will rip! pic.twitter.com/yQTiCiCE6H

— Lark Davis (@TheCryptoLark) July 20, 2022

As for Dan Gambardello, Founder of Crypto Capital Venture, who has long been a huge fan of Cardano and is a respected member of the Cardano community, sent out a tweet today that suggested he expects $ADA to have roughly a billion dollar market cap by 2030.

It’s 2030, #Cardano carries 1 billion+ users, more & more unbanked are becoming banked, and $ADA is in $1 trillion market cap range with more countries utilizing the protocol for digital identity. The entire financial system on a global scale is changing & Cardano plays a role.

— Dan Gambardello (@cryptorecruitr) July 20, 2022

Image Credit

Featured Image by Nana_Amigo_Canino via Pixabay

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