Cardano’s stabilization period will come to a conclusion with a 100 percent price increase.

Cardano’s previous consolidation periods spanned 4 to 8 weeks and resulted in a 100 to 160 percent price increase.
Retail traders hold the majority of Cardano, making it more decentralized than most other cryptocurrencies.
Cardano has dropped out of the top 5 cryptocurrencies by market capitalization, falling to fifth place behind Solana.
The altcoin’s return from the consolidation period is expected to be fueled by increased adoption and use, according to analysts.

As the consolidation period in the ADA price trend draws to an end, analysts predict Cardano to rebound from the price decrease. At the end of most consolidation episodes, the price of ADA has historically registered a significant rally.

Cardano is on track to achieve a 100 percent price increase.

The price of Cardano has been steadily declining for the previous two weeks. Cardano’s main competitor, Solana, has flipped ADA in terms of market value. Cardano is no longer among the top five cryptocurrencies in terms of market capitalization.

Despite recent news of Cardano’s collaborations and an increase in the number of projects developing…