Cardano Rivals to Watch if Charles Hoskinson’s Latest AI Update Delivers 100% Profits

Cardano prices take $ 0.70 as Hoskinson opens the AI ​​Agent Rollout; On-chain data suggests highly correlated altcoins such as Avax and LTC can rally beside ADA.

Cardano Rallies passed $ 0.70 while Hoskinson opens a test of AI-Powered Network

Cardano's price went up 1.5% to surpass the $ 0.70 mark on Saturday, reversing weekly losses and developing bullish momentum.

For the past 14 days, the ADA price has gained 13.3%, driven by the investor's optimism surrounding a new network update revealed by Cardano founder Charles Hoskinson.

In a recent post on X, Hoskinson confirmed that Cardano was launching a testnet for its Leios protocol – an advanced initiative aimed at remarkable -increasing transactions through the transaction.

Positioned within the 2025 Cardano roadmap, Leios is designed to meet the scalability and prepare the network for post-quantum criteria standards.

What sets this testnet is the expansion of thousands of AI agents that have been programmed to interact, trade, and mimic high-frequency network transactions

AI integration can push Cardano's market cap toward $ 50 billion

At the time of writing, Cardano is trading above just $ 0.70, appreciating the network at $ 25.5 billion. If AI integration has succeeded in delivering the stated scalability goals, Cardano appreciation may double in the coming months.

First, the Leios protocol, by increasing the throughput of the network. With faster settlement and reduced latency, Cardano becomes a more viable layer of infrastructure for Defi, Gaming, and tokenized real-world assets.

Second, the use of autonomous AI agents is aligned with Cardano with a growing global trend. The major corporations invest in AI-powered workflow automation, from logistics to finance. Each of these factors can potentially fuel economic activty and capital inflows to the Cardano Network, which potentially double its market cap from $ 25 billion to $ 50 billion in the coming years.

Cardano rivals to watch if the ADA Market Cap doubles on AI momentum

If Cardano-driven roadmap delivers results, investors may seek exposure to similar properties that show strong relationship with ADA.

IntoteblockThe correlation matrix chart below shows the top 10 rank of altcoins and their direction movements associated with the ADA price in the last 30-day.

Inside This context, the values ​​of the relationship closer to the 1.0 indicate a strong positive relationship. Last month, the following tokens showed high direction of motion next to Cardano.

• Litecoin (LTC) shows the most powerful ADA touch at 0.97.

• Avalanche (Avax) and Shiba Inu (Shib) each post a 0.96 and 0.95 touch, respectively, making them leading candidates for joint rally with ATA.

• Dogecoin (DOGE) also shows a 0.95 touch, reflecting the shared interest in the heavy retail communities.

• Polygon (MATIC), another network with a high-performance layer-2, tracks ADA with a 0.90 coefficient, which signs mutual investor confidence in scabalization narration.

While the relationship indicates the trends in motion, it does not indicate the cause. However, they clearly benefited from both investor psychology and the flow direction of the capital that raised the ADA price in the last 30-day.

Cardano Price Forecasting Today: ADA Eyes $ 0.76 Target If Bulls maintain AI Optimism

Cardano's price closed at $ 0.7110 on May 3, setting a 1.85% day -to -day advance despite the covered amount of trade throughout the week. The ADA/USDT Daily Chart reflects a short-term aggregation pattern as the price action remains boxed within the Keltner Channel boundaries between $ 0.6816 and $ 0.7607.

This bound movement, which includes a volume taping profile, points to the unconsciousness in the near term.

However, the latest trend is still bringing a stronger narrative supported by the recent announcement of the AI ​​agent from Charles Hoskinson, who has been dedicating the fresh imagination to interest in the prospects of future network growth prospects.

The MacD histogram continues to climb above the zero line, suggesting a continuous momentum. The MacD line itself crosses above the signal line – a classic bullish setup. However, the superficial angle and muttered volume indicate a lack of convincing from the merchants, guaranteeing caution. Cardano's price forecasts are now moderately bullish in the structure, supported by a successful defense of the $ 0.68 mid -level band.

While short-term upside-down can be captured at $ 0.76, long optimization around AI's decentralization-driven decentralization can help ADA reclaim the March highs above $ 0.90.

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Ibrahim

Crypto analysts covering derivatives markets, macro trends, technical examination, and defi. His works feature a deep market outlook, price forecasts, and grade-institutional research on digital properties.

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