Cardano has recently become quite interesting. The founder, Hoskinson, openly discussed losing $2.5 billion over four years during an interview. At first glance, this number sounds shocking, but upon closer reflection, what does it actually indicate? A project's founder being willing to honestly admit losses, without concealment or exit scams, this level of transparency can itself provide some reassurance to holders.

ADA has indeed experienced a significant decline over the past 12 months, with a drop of 57%, but the current trend shows new signals. The price has broken through the downward range since summer and stabilized at around $0.3931. There are even voices suggesting a target of $1 by the end of the year. This is not wishful thinking but based on several overlapping factors.

From a technical perspective, ADA's upward trend has been gradually established, not just a fragile short-term rebound. Although there has been a correction of about 6% recently, over a longer cycle, the past two weeks have seen an increase of over 10%. This pace indicates that major funds are gradually positioning themselves. The development of the DeFi ecosystem and the improvement of smart contracts are providing fundamental support for ADA's future performance.

On a macro level, the crypto market is experiencing a painful period of policy battles. This noise may persist in the short term but cannot change the overall industry development direction. For Cardano, enduring this phase and waiting for the ecosystem to explode makes price recovery a natural outcome.