Cardano (ADA) surges 35% in 24 hours, reaching an intraday high of $0.5943.
The token has erased six months of losses in just five days, reclaiming its spot in the top 10 cryptocurrencies.
Analysts predict ADA could rally to $6–$10 during the current bull market.
As the bull market frenzy intensifies, Cardano (ADA) is staging a powerful comeback, capturing attention as a previously underperforming crypto asset.
Today, Cardano is making a confident attempt to reclaim the $0.60 level for the first time in seven months since it lost that region. Specifically, ADA has reached an intraday high of $0.5943, a price level not seen since April 8.
This surge comes as Cardano has pumped aggressively by over 35% in the last 24 hours alone, coinciding with Bitcoin’s unprecedented rally above $79K. Notably, just six days ago, ADA traded as low as $0.3214. With the intraday high at $0.5943, Cardano has experienced a dramatic surge of approximately 85%.
Before this latest turnaround, ADA was among the worst-performing assets in the top rankings. It had dropped over 65% from its yearly high during the post-Bitcoin halving consolidation. Now, Cardano is back in the …
The post Cardano (ADA) Pumps 85% to $0.60, Erases Six Months’ Loss in Just Five Days – Is $10 Next? appeared first on Coin Edition.
