ADA Price Prediction: Cardano (ADA) Aiming for $1 - Why the Milestone is Still Within Reach?

According to Gate market data, as of August 4, 2025, the price of Cardano (ADA) fluctuates between $0.73 and $0.82, having risen slightly by 2% in the past 24 hours, but still falling 8% on a weekly basis. The market greed index stands at 73, indicating a short-term Overbought risk. However, all eyes are focused on the upcoming key event in mid-August - a comprehensive audit, the results of which could reshape ADA's price trajectory.

##Audit Storm: August Mid-Month Becomes a Decisive Moment In mid-month, Cardano will face a comprehensive audit of its $600 million ADA holdings, investigating allegations of improper use traceable to the 2021 Allegra hard fork period. Founder Charles Hoskinson has announced that he will livestream the audit results, highlighting the seriousness of the situation. This event is seen by the market as a key turning point for the ADA price:

• Pessimistic scenario: If the audit reveals significant issues, ADA may fall to $0.60 – $0.70, or even slide to $0.50 due to panic selling;
• Realistic scenario: The audit passes smoothly, and the price will stabilize at 0.80 – 1.00 dollars, slowly rebuilding market confidence;
• Optimistic scenario: Positive audit results combined with the overall bullish trend in the crypto market could trigger a surge to $1.50 – $2.00.

##Market Prediction: Finding Consensus Amid Divergence Multiple analysis institutions have provided quantitative forecasts for the performance of ADA in August:

• GROK AI emphasizes that real scenarios (0.80 – 1.00 USD) have the highest probability, but the Fluctuation is influenced by both the audit results and Bitcoin's trends.
• CoinCodex predicts it may reach 0.96 USD by the end of the month, with a monthly increase of 27.11%;
• The combined prediction range of Perplexity AI and the Gemini model is 0.68 – 1.10 USD, with a median value of 0.89 USD;
• ChatGPT supplementary prediction: If it breaks through key resistance, the price on August 31 may fall between 0.82 – 1.05 USD.

##Technical Signals: Symmetrical Triangle and Historical Cycle Resonance The current technical indicators release mixed but generally positive signals:

• The daily chart has formed a symmetrical triangle pattern, and historically, similar breakouts have usually resulted in a rise of 15% - 35%. After breaking the resistance level of 0.75 dollars, the next target is seen at 0.90 - 1.00 dollars.
• Analyst Ali Martinez has found that the current structure is highly similar to the bull market cycle of 2020. Although the development is slower, it may lay the foundation for a subsequent explosive rebound.
• Another notable pattern is the "cup and handle pattern". If it can break through 0.92 USD, the long-term target could even point to 4.00 USD.

Long-term Potential: The Boosting Effect of ETFs and Ecological Upgrades

Beyond August, the long-term value catalyst for ADA is gradually becoming clear:

• The probability of Cardano ETF approval has skyrocketed to 83%. If the SEC ultimately gives the green light in October, it will open the floodgates for institutional funds.
• On the technical level, the Plutus V3 and Hydra scalability upgrades are continuously advancing, enhancing network efficiency and attractiveness;
• The cycle model shows: even if the rise is only half of the previous bull market cycle (18,488%), ADA could still hit a historical high of $10.25;
• Midnight sidechain development and growing institutional interest further solidify the fundamental support.

##Key Resistance and Support: A Must-Read Level for Traders Successfully breaking through 1 dollar requires crossing the following thresholds:

• Resistance zone: $0.85 – $0.90, breaking through here will activate accelerated buying.
• Support zone: $0.749 (daily) and $0.78 - $0.80 (weekly), falling below the former may trigger a $34 million long liquidation, increasing selling pressure.

Audit transparency, ETF progress, and whether Bitcoin can hold steady at 105,000 USD will constitute the three variables determining whether ADA can touch 1 USD in August.

As the Cardano ecosystem continues to evolve, every aspect from auditing to technological upgrades to regulatory dynamics is affecting market nerves. In the short term, we look at auditing, in the medium term, we look at ETFs, and in the long term, we look at the implementation of the ecosystem—1 dollar may not be the end point, but rather the starting point of a new phase.