Cardano Could Lead Altcoin Season, Says Peter Brandt

Veteran analyst Peter Brandt, who has previously been skeptical of Cardano (ADA), has shifted his stance, capturing the attention of the crypto community with his latest bullish outlook.

Brandt now believes that Cardano has hit its market bottom and may be positioned for a significant upward movement.

According to Brandt, Cardano has formed a double-bottom pattern over the past year, a classic technical indicator suggesting a potential trend reversal. This pattern, confirmed by ADA surpassing its recent local high of $0.81, hints at the possibility of a substantial rally ahead.

“Alt season? Make no doubt about it, Cardano has bottomed for a grand bull market,“ Brandt declared, highlighting his confidence in the asset’s future performance.

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Cardano has already gained more than 30% in 2025, with its price consolidating above $1 for the first time since April 2022. This renewed momentum has fueled optimism among investors, suggesting that ADA could be a key player in the anticipated altcoin market revival.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.