Cardano continues to face criticism as ADA struggles to recover from its recent decline, but some long-term supporters remain confident that the asset still hasCardano continues to face criticism as ADA struggles to recover from its recent decline, but some long-term supporters remain confident that the asset still has

Midnight Ambassador: Cardano (ADA) Could Pump 300% In a Matter of Weeks

2026/05/02 09:02
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Cardano continues to face criticism as ADA struggles to recover from its recent decline, but some long-term supporters remain confident that the asset still has significant upside ahead.

One of the latest voices defending cryptocurrency is Cardano stake pool operator (SPO) Sssebi, who argued that ADA’s current market position should not be mistaken for long-term failure. According to him, short-term price weakness is largely a reflection of wider market conditions rather than a sign that the project has lost relevance.

Cardano Supporters Reject “Dead Coin” Claims

As ADA remains outside the top 10 digital assets by market capitalization, skepticism around its future has increased across the crypto community. Some investors have questioned whether Cardano can still compete with faster-growing ecosystems and whether the token can return to its previous highs.

Responding to these concerns, Sssebi dismissed suggestions that ADA is no longer relevant. He noted that Cardano has gone through several periods of weak price action in past market cycles, particularly during bearish conditions, before later recovering strongly when sentiment improved.

In his view, labeling the asset as “dead” ignores the way cryptocurrency markets typically operate. He stressed that large-cap assets often experience extended periods of slow performance before seeing sharp upward moves when investor confidence returns.

Because of this, he believes ADA could record a major recovery once market conditions improve, with the possibility of a 200% to 300% increase occurring within a matter of weeks if momentum shifts in favor of buyers.

Broader Market Pressure

Sssebi also pointed to the wider crypto market to support his argument. Since the start of 2026, ADA has fallen by more than 25%, creating concern among holders. However, he emphasized that other major assets have also faced similar pressure.

Ethereum, for example, has also posted significant double-digit losses during the same period, showing that the weakness is not limited to Cardano alone. From this perspective, he argued that ADA’s decline should be understood as part of a broader market correction rather than a sign of structural weakness within the Cardano ecosystem.

This distinction is important for investors assessing long-term potential, as temporary market downturns do not necessarily reflect the strength of the underlying network.

Previous Price Action Supports Bullish Expectations

Supporters of Cardano often reference its late 2024 performance as evidence that the asset is capable of strong recoveries in a short time.

Following Donald Trump’s victory in the November 2024 U.S. presidential election, ADA experienced a major rally as market sentiment across the crypto sector improved. On Election Day, November 5, 2024, the token was trading near $0.32. Within weeks, it climbed above $1.30, representing a gain of nearly 300%.

That move is now being used as a reference point for current bullish expectations. Although ADA has since retraced and is trading around $0.2467 at press time, Sssebi believes another strong recovery remains possible during the next bullish phase, with upside that could potentially deliver a fourfold return.

While some stakeholders remain confident in Cardano’s long-term direction, sentiment across the ecosystem is still mixed.

Cardano founder Charles Hoskinson has continued to outline plans aimed at strengthening the network’s position and improving its competitiveness within the broader crypto market. His focus remains on pushing Cardano toward stronger adoption and higher ecosystem relevance.

Critics argue that internal disagreements and public disputes within the community could make that progress more difficult. Some observers have raised concerns that repeated conflicts involving leadership and partner projects may discourage developers, investors, and strategic partnerships.

One recent example involved Hoskinson’s public disagreement with Iagon’s leadership, during which he openly warned about the project’s future under its current management. The dispute contributed to a sharp drop in IAG’s market value and intensified concerns about governance tensions within the broader Cardano ecosystem.

Investors remain divided on whether ADA is preparing for another major recovery or facing longer-term challenges that could limit future growth.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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The post Midnight Ambassador: Cardano (ADA) Could Pump 300% In a Matter of Weeks appeared first on Times Tabloid.

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