Cardano (ADA) has risen above $1, gaining 7.5% in the last 24 hours as the overall crypto market recovers. The market reacted positively to the latest CPI data, which showed core inflation falling to 3.2% in December, lower than expected. ADA hit a low of $0.876 earlier this week but has since rebounded. To sustain momentum, ADA must stay above $1, with potential targets of $1.15 and $1.32. On the downside, major support levels are at $0.87 and $0.76. Expectations remain high for the Plomin hardfork, with a hotfix released to address potential stability issues.



Other News from Today