The first few weeks of the new year have not been kind to a host of digital assets. With many struggling to find their footing, there began to be some worry setting in on the overall impact it will have on January gains. However, many have started to turn around, including Cardano, whose recent rebound has ADA back on track for a $2.50 price.

The cryptocurrency turned around in a big way Tuesday as it sought to regain its footing from the last month. Along with a trading volume surge, the bulls look to be back in control. So, just when can the ninth largest crypto by market cap return to the coveted $2 price point?

Also Read: Cardano & Ripple to Partner? ADA Eyes RLUSD Integration

Cardaon Has Eyes on $2.50 As ADA Rebounds 10% Amid January Mid-Point

There were few cryptocurrencies that entered 2025 with the kind of expectations Cardano did. The asset was poised to make a significant run as experts began to ponder the possibility of ADA challenging its $3 all-time high over the next twelve months.

However, things began to falter at the tail end of last year. Indeed, the cryrpo struggled alongside the broader digital asset market. Yet, things are looking to turn around as Cardano appears back on track for $2.50 with ADA enjoying a notable recovering Tuesday.

Also Read: When Will Cardano (ADA) Challenge $3 All-Time High in 2025?

Over the last 24 hours, Cardano rebounded almost 11%, according to CoinMarketCap. Moreover, the token has helped to limit its previous losses, as it is now only down 7.6% over the last 30 days. Its recent return to form also saw it retake the $1 level.

That could be just the beginning, with analysts expressing significant optimism. Specifically, crypto price prediction platform CoinCodex projects Cardano will end January, reaching a price high of $1.9 for the month. That performance could set the table for a significant surge in the coming weeks.

Analysts with the platform also project that the asset will reach a February high of $2.58. That would mark an impressive 157% jump from its current position. The asset is expected to benefit from the incoming crypto regulation that US President-elect Donald Trump could have in store. That could certainly have the asset knocking on a $3 door by the halfway point of the year.