![\"Will](\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/04\/Will-Cardano-Price-Respond-With-Rally-as-20M-ADA-Leaves-Exchanges.webp\")
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Cardano price eyes a massive bull run amid a looming supply squeeze after more than $20M ADA tokens exited exchanges in the last seven days. Meanwhile, analysts expect that Cardano will register a 100% rally and reach $1.46 in the coming months.<\/p>\n
ADA value today<\/a> stands at $0.71 with a 1.3% dip. Data from CoinMarketCap also shows that Cardano trading volumes have topped $902M highlighting high market interest.<\/p>\n Cardano price is on the verge of a massive rally after more than $20M ADA tokens left exchanges recently. Data from Coinglass<\/a> indicates that in the last seven days, traders have been moving ADA from top exchanges like Binance and OKX, which signals a lack of intent to sell.<\/p>\n As exchange withdrawals surge and reduce the supply that is available in the market, it might create a squeeze whereby a surge in demand will force the Cardano price to rally. Therefore, it is likely that this top altcoin could soar to as high as $1 in the near term.<\/p>\n Trader Justin Qu on X has also shared a bullish Cardano price forecast<\/a>, suggesting that the price of this altcoin will soon skyrocket to new multi-month highs. In his analysis, Justin stated that ADA had broken out of a descending wedge pattern on the daily timeframe, which is a classic sign of an upcoming bull run.<\/p>\n If ADA continues to defend support at the upper trendline of this wedge pattern, it might kickstart a strong rally towards the first resistance level at $1.24. Breaking this level will then set the stage for a rally to $1.46.<\/p>\n Hence, going by the surging outflows from cryptocurrency exchanges and the bullish forecasts shared by analysts on Cardano, this altcoin is likely on the verge of a major bullish breakout. Moreover, a recent Coingape article reported that the Cardano price may hit $2.70<\/a> after another bull market signal emerged.<\/p>\n Besides the positive exchange data and technical outlook, blockchain activity also suggests that Cardano price might be eyeing a rally to a new high. Data from DeFiLlama shows that at press time, Cardano\u2019s Total Value Locked (TVL) had ballooned to $442M, marking the highest level in nearly a month.<\/p>\n The other network metric that has also recorded an uptick is DEX volumes. At press time, Cardano\u2019s DEX volumes stood at $3.87M, which is also a significant uptick in the last 24 hours.<\/p>\n As the network activity continues to grow, it is possible that Cardano price attains the $1.46 target shared by analysts. However, for this price to be attained, this altcoin needs to record a surge in buying pressure, which might happen amid the ongoing growth in network activity.<\/p>\n The post Will Cardano Price Respond With Rally as $20M ADA Leaves Exchanges?<\/a> appeared first on CoinGape<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Cardano price eyes a massive bull run amid a looming supply squeeze after more than $20M ADA tokens exited exchanges in the last seven days. Meanwhile, analysts expect that Cardano will register a 100% rally and reach $1.46 in the coming months. ADA value today stands at $0.71 with a 1.3% dip. Data from CoinMarketCap […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-390386","post","type-post","status-publish","format-standard","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/390386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=390386"}],"version-history":[{"count":0,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/390386\/revisions"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=390386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=390386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=390386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Cardano Price Eyes Rally as $20M ADA Exits Exchanges<\/h2>\n
![\"Will](\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/04\/ada-outflows.jpg\")
![\"Will](\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/04\/ada-1.46.jpg\")
Cardano Blockchain Activity Soars<\/h2>\n
![\"Will](\"https:\/\/coingape.com\/wp-content\/uploads\/2025\/04\/Screenshot-2025-04-25-214645.jpg\")