Cardano (ADA) has experienced a strong rise, surpassing the $1 level for the first time since December 2024, and increasing by over 22%. This breakout represents Cardano's first significant movement in the new year. The rally gained momentum, reaching highs of $1.10 in today's trading session. This breakout has fueled bullish sentiment, with ADA potentially continuing its upward trajectory. The broader crypto market is also showing signs of recovery, with Bitcoin and Ethereum posting gains. If ADA can maintain its rise, it could set the stage for a strong first quarter in 2025. The Plomin hard fork is expected in Q1, 2025, further contributing to positive expectations for Cardano.



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