🚀 Cardano (ADA) surged 88.8% from November 18 to December 3, reaching $1.33, the highest in nearly 3 years! 📈

- ADA along with Stellar, XRP, Algorand, and IOTA leads the "dino coins rally" with impressive gains.

- Open interest on the ADA derivatives market increased by 37%, reaching 932.5 million ADA (~$1.2 billion).

- Compared to BNB, ADA has equivalent open interest despite having a much smaller market cap.

🔍 The ADA market shows moderate optimism with low liquidation risk. Pay attention to funding fees and TVL on the Cardano network.

💬 What do you think about this trend? Share your thoughts!