Cardano is one of the most promising cryptocurrencies out there, vying for the top market spot. The crypto is currently sitting at $0.36, up 2% in the last 24 hours. However, the Cardano (ADA) price witnessed major price volatility yesterday, stirring hopes of recovery within the minds of investors. Can Cardano make a comeback soon?

Also Read: Cardano Faces Biggest Dip Amongst Top 100

Cardano (ADA) Price Overhaul

Cardano Chain has arrived in your DeFi Wallet
Cardano Chain arrived in DeFi Wallet – Source: X

According to Santiment, Cardano witnessed a brief spike in its price yesterday. Santiment shared details, adding how this price spike was triggered by an interview that its founder, Charles Hoskinson, was involved in. In that particular interview, Hoskinson expressed his concern over the Clarity Act, all while criticizing Ripple CEO Brad Garlinghouse. Hoskinson also warned about a probable AI takeover sending Cardano into a brief frenzy.

“There was a massive spike in bullish sentiment toward Cardano yesterday, followed by an immediate price drop. This was related to an interview with founder Charles Hoskinson, where he, among other topics. Expressed his concerns over the CLARITY Act. Criticized Ripple CEO Brad Garlinghouse. Warned of an AI global takeover. Those in favor of Cardano called this a “call out” of important topics. Those who generally don’t like the asset or Hoskinson referred to it as a “crashout.” Regardless, the public interview has generated considerable social media buzz, and it created a temporary wave of FOMO that led to downward price momentum.”

Cardano’s Forecast for the Near Term

Despite the constant up and down in Cardano’s price, the price of ADA may jump to sit at 0.38 by February 12, 2026. The token may end January on a positive note, sitting at $0.39 per CoinCodex.

cardano stats
Source: CoinCodex

“According to our latest Cardano price prediction, ADA is forecasted to rise by 38.11% and reach $ 0.5132 by February 18, 2026. Per our technical indicators, the current sentiment is bearish, while the Fear & Greed Index is showing 44 (fear). Cardano recorded 11/30 (37%) green days with 5.64% price volatility over the last 30 days.”

Also Read: Is the US Dollar Falling? Why Crypto May Absorb Fiat, Not Kill It

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