In the recent market volatility, BNB the fourth-biggest cryptocurrency gained value better than other key assets. The strong performance of BNB makes analysts predict ADA will trend in the same direction. Cardano price has tracked BNB price growth since January and analysts expect ADA to follow BNB recent price improvement.
BNB Price Recent Surge and Its Influence on Market Trends
Notably, BNB stands strong as one of the most impressive performers in the crypto market throughout the last week. After achieving a 12% surge in one day the token recovered the $700 cap while logging a 22.2% rise in the weekly period.
Analysts now predict BNB to drive an upcoming altseason as the token stands ready to lead the current market cycle.
Consequently, market participants closely watch BNB because it continues to defeat other prominent cryptocurrencies in terms of performance. The recent increase in BNB price shows the crypto’s strong performance which analysts see as an indicator that other altcoins will also grow.
Cardano Price Action and Correlation with BNB
More so, the price trajectory of Cardano shares similar trends with BNB starting from January 2025. Both assets demonstrated synchronized price behavior across January by rising after recording early-month price drops.
Following the February 3 correction, ADA demonstrated minor price separation from BNB.
In addition, recent market data indicates ADA and BNB have reestablished their price synchronization. On February 9, the Cardano pricechart demonstrated a direct reaction to BNB price fluctuations.
The higher low formation of the BNB pattern prompted ADA to follow suit two days later which resulted in market predictions about ADA price pending surge.
Analysts Predict Cardano Price Could See a 27.7% Surge
Meanwhile, key analysts in the market have analyzed Cardano’s price trajectory given that BNB Coin has shown recent growth. According to market analyst Ali Martinez Cardano could achieve a price boost similar to the 20% to 30% rise observed in BNB.
In the case of ADA following the same upward trend the token could surpass $1 and achieve a 27.7% growth from its present value.
Cardano price action would recover substantially since it has maintained values below $1 in recent weeks. A price rise to $1 would bring major gains to Cardano while improving investor confidence and drawing additional capital into the asset.
The crypto market’s volatile nature exists but Cardano’s continued link with BNB price trends indicates imminent identical increases in ADA price.
At the time of writing, Cardano (ADA) price is trading at $0.7844, showing a 4.08% increase in the past 24 hours. The price chart indicates upward momentum, with ADA reaching a high of $0.7910.
The volume has decreased slightly by 30.13%, but the market cap remains strong at $27.61 billion, reflecting positive short-term sentiment.
