Cardano (ADA) has experienced a significant surge of over 25% in the past three days, reaching a price of $0.43 for the first time since July. This increase in price is attributed to whale transactions and heightened network activity. The rally suggests that retail FOMO (fear of missing out) may soon come into play, generating excitement among the ADA community. In addition to the price action, Cardano ranks fourth in notable development activity, indicating sustained interest from developers. With the potential for renewed interest from both retail and institutional investors, ADA's recent price action could mark a new phase for the Cardano network.
- Content Editor ( thecryptobasic.com )
- 2024-11-08
Cardano Takes Flight with 25% Gain—Retail FOMO May Soon Follow