Cardano (ADA) has seen a significant increase in its price, rising by over 10.75% in the last 24 hours and crossing the $1 mark. This surge in price coincides with higher trading volumes for ADA, indicating renewed interest in the cryptocurrency. The rise in price is likely due to recent upgrades to Cardano's blockchain technology and positive market sentiment. Additionally, the blockchain released a proposal for programmable assets, improved security, and smart accounts. Cardano is also preparing for the tokenization of Real World Assets by 2025, which will further expand blockchain technology. The recent rally in ADA has drawn comparisons to its 2021 bull run, with on-chain metrics showing an increase in daily and 30-day active addresses. However, the success of Cardano's price recovery will depend on ongoing adoption and market conditions.



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