#Cardano (ADA) is showing strong bullish signs, supported by key on-chain metrics. Recent data indicates a significant increase in active wallet addresses and transaction volumes, reflecting growing network activity. Additionally, the rise in Cardano's Total Value Locked (TVL) highlights increased interest in its DeFi ecosystem.
Technical analysis also supports the bullish outlook, with ADA breaking key resistance levels and forming a robust upward trend. If current momentum continues, $ADA could see a 30% price surge in the coming weeks, potentially reaching new short-term highs.
Investors are closely monitoring Cardano’s ecosystem developments, including advancements in smart contracts and scalability, which may further drive adoption and price growth.
