Cardano the eighth-largest cryptocurrency by market capitalization, has been steadily climbing since Feb. 7. The surge accelerated, with ADA rising by 10% in the last 24 hours to a high of $0.639, the highest level since Jan. 2. At the time of writing, ADA was trading up 9.38% in the last 24 hours at $0.625. In a foreshadowing of the ADA price rise, crypto analyst Ali predicted in the past week that the ADA rally might come earlier than expected if history repeats itself. According to the scenario painted by Ali, ADA is expected to rise to $0.80 first and then retrace to $0.60 before entering a bull run toward $8 by January 2025.