Cardano’s #ADA Zooms Above $1 as Bitcoin Remains Rangebound.
ADA’s bump came on no immediate catalyst, but the protocol is set to see several fundamental developments in the coming months.
Cardano’s ADA jumped 12% in the past 24 hours to lead gains among crypto majors, with rangebound trading in bitcoin (BTC) influencing the broader market.Price-chart analysis suggests further gains of as much as 30% for the token ahead.

Programmable blockchain Cardano’s ADA token jumped 12% in the past 24 hours to lead gains among crypto majors, with rangebound trading in bitcoin (BTC) influencing the broader market.

ADA crossed $1, a three-week high, as BTC, ether (ETH), Solana’s SOL and dogecoin (DOGE) added under 2%.

ADA’s bump came on no immediate catalyst, but the protocol is set to see several fundamental developments in the coming months. These include a bitcoin-centric decentralized financial ecosystem and ongoing efforts to improve Cardano’s scalability, network performance and interoperability with other networks.

Price-chart analysis suggests further gains of as much as 30% for the token ahead.

“ADA's three-day rise has lifted prices above a trendline characterizing the four-week pullback from early December highs,” “The breakout and a renewed bullish crossover on the momentum indicator MACD suggest the potential for a re-test of the Dec. 3 high of $1.32.