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The cryptocurrency community is predicting that the price of Cardano's native token $Ada will rise 56% from its current price of $0.264 by the end of August, meaning it will trade at $0.73 if the prediction is correct.

According to the cryptocurrency community, as reported by Finbold, which estimated the value of ADA by August 31 through CoinMarketCap's 'Value Estimate' feature, the cryptocurrency is expected to rise significantly in the coming months, possibly due in part to the Vasyl hard fork.