Cardano (ADA) has surged in price today, approaching the highest point in two weeks and breaking the $1 barrier, stunning the market! While the prices of other mainstream cryptocurrencies remain relatively unchanged, ADA has skyrocketed, achieving a daily increase of 12%, currently stabilizing around $1.05. This is its first impressive performance since last December.
So, what news is driving this? On the surface, there doesn’t seem to be any significant news, but one possible reason is related to major advancements in the Cardano ecosystem. A few days ago, Charles Hoskinson stated that Cardano would experience an explosion by 2025, mentioning a series of upcoming technological upgrades, including Bitcoin DeFi, Midnight, Partnerchains, etc. While we may not fully understand it yet, it sounds promising.
Additionally, Hoskinson mentioned that he would assist the Trump administration in formulating favorable regulatory policies for digital assets. Just think, if Trump comes into power, the entire crypto space could see new opportunities. Although it's uncertain whether he can fulfill his promises, it undoubtedly brings a lot of expectations to the market.
As for price predictions, some are optimistic about ADA's future, believing it may continue to rise and could even break its all-time high, reaching $4. However, there are also some who, while usually cautious about ADA, must admit that it can occasionally experience inexplicable surges.
Finally, Yi Yi has recently set its sights on a promising coin, expected to multiply several times in the short term. Those interested can check out the ͜p͜͡u͜͡p͜͡p͜͡i͜͡e͜͡s͡ on the Ethereum chain, which might bring some surprises.
