has seen a strong rally, climbing from $0.64 to $0.7702 in the last 24 hours. This impressive move highlights renewed investor interest as Cardano hits its highest price levels in months.
Analysts point to increased activity in Cardano’s ecosystem as a driving force behind the surge. The growth of decentralized applications (dApps), staking activity, and continued upgrades to the network have boosted confidence in ADA’s long-term potential.
If this bullish trend holds, the next key resistance level for ADA is $0.85, with potential targets extending to $1.00, as suggested by technical indicators.
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