📈 Cardano ( $ADA ) is holding strong, up 5.99% in 24h, now trading at $0.8262. With a recent high of $0.8274, ADA has cut its YTD loss to 10%, fueling speculation of a rally toward $1.
⚡ A key bullish signal is in play: the Golden Cross on the daily chart remains intact since April 20. ADA is up over 17% in a week, riding on bullish market momentum and BTC’s move past $100K.
💥 Open interest recently crossed $1B, confirming breakout potential. Cardano continues to benefit from altcoin season tailwinds, and its ecosystem is preparing for a major shift.
🧠 Founder Charles Hoskinson called for faster product launches, hinting at delays in projects like Leios. Core devs echo this urgency, with bullish vibes around shipping onchain tools faster.
🔥 A major focus is Cardano’s Bitcoin DeFi ambitions, positioning the chain as a PoS settlement layer. If this vision succeeds, it could attract institutional attention—maybe even a Cardano ETF down the line.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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