Cardano (ADA) has seen a significant spike in price, rising more than 130% since November 5th. It has now returned to the top 10 cryptocurrencies by market cap. Rumors have emerged that the US government is planning to use the Cardano network for a new electoral voting system, leading to a bullish outlook for ADA. The altcoin Hedera (HBAR) has also seen a sharp rise in price due to this news. Cardano is also making progress towards full decentralization with its Voltaire upgrade. There is notable interest from derivatives traders, with buyers targeting the $1 price level. If the bullish momentum continues, ADA could reach $1, following in the footsteps of XRP.



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