"Growth by 233% by the end of the year." Why Cardano may rise in price In anticipation of the release of the Alonzo update, the price of the cryptocurrency rose by more than 125% and updated its all-time high at $ 3. How the development of the altcoin will affect its value in the long term. If we take into account only the updates of the Cardano network itself, then their potential is quite enough for the cryptocurrency to rise in price to $ 6 (an increase of 150% from the current levels), Soshnikov predicted. He also advised investors looking to buy Cardano to make purchases gradually in small volumes in order to evenly distribute the entry price of the asset. Provided that investors remain interested in Cardano, the asset may rise in price to $ 7-8 by the end of this year, says Artem Deev, head of the analytical department at AMarkets. In his opinion, this is a very likely scenario, since Cardano is one of the most technically advanced projects on the market. #Cryptocurrency