Cardano (ADA) has experienced a significant surge in price, rising by 18% in the last 24 hours and 23.29% over the past week. This surge has propelled ADA back into the top 10 cryptocurrencies by market capitalization. The market uptrend, driven by Bitcoin's rally, has contributed to Cardano's resurgence. The increase in whale activity and large-scale transactions indicates renewed confidence in ADA. Cardano's price may continue to climb, potentially reaching $0.55 by December 2024, supported by technical indicators and sustained institutional interest.



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