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Smith
@addisonaddison
Cardano’s market expansion in Africa could significantly impact ADA’s price, driven by strategic partnerships and growing adoption. Collaborations like those with Ethiopia’s Ministry of Education and Tanzania’s World Mobile aim to onboard millions, enhancing digital identity and connectivity. These initiatives tap into Africa’s vast, underserved population, potentially boosting ADA demand for transactions and staking. Partner dynamics, such as Input Output Global’s focus on scalable infrastructure and the Cardano Foundation’s push into Brazil’s public sector, signal long-term commitment. Increased on-chain activity—evidenced by a 42% TVL rise and 191.39% surge in active wallets by March 2025—reflects growing utility. If successful, these efforts could reduce circulating supply via staking and drive ADA’s price upward, with analysts eyeing $10-$15 by 2030, contingent on execution and broader market trends.
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