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The cryptocurrency community has set a bullish price target for smart contract platform Cardano ($ADA) this month, presumably taking into account the network’s improved performance after the Vasil hard fork.
The estimates come from CoinMarketCap’s prime estimates feature, which saw over 10,800 users reveal their $ADA price predictions for the month of October. On average, users expect $ADA to trade at $0.577, up 33.5% from the cryptocurrency’s current $0.432 price tag.
Notably, the cryptocurrency community is predicting that the price of $ADA will close 2022 at around $0.49, suggesting a short-term rally for the smart contract platform ahead of a short correction. The $0.49 figure still represents a 13% premium on current prices.
It’s important to point out t
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