$ADA 1.25 to 1.40

Cardano (ADA) is being widely used in several areas due to its research-based approach and use of advanced technology, such as the Ouroboros consensus protocol. Currently, the Cardano blockchain is being applied in sectors such as:

1. Digital Identity and Governance: Cardano is being used in digital identity projects, especially in regions such as Ethiopia, where it helps verify educational credentials.

2. Decentralized Finance (DeFi): The network supports smart contracts, allowing the creation of DeFi applications and NFTs. Its unique architecture with the eUTXO model improves the security and efficiency of transactions.

3. Staking and Sustainability: Cardano allows users to participate in ADA staking, contributing to the security of the network while receiving rewards. This approach attracts many investors and pool operators.

As for the price, ADA has seen a significant rally recently, trading above $1, with an increase of over 40% in the last week. This growth is driven by technical improvements and an increase in market activity, such as increased trading volume and optimism among traders. Projections indicate possible resistance at $1.25 and $1.40, with analysts confident of a more prolonged bull cycle if demand remains high.