Cardano, a cryptocurrency with a capped supply of 45 billion ADA coins, has seen its price rise above $1, indicating strong demand and the potential for further gains. With 80% of the coins already in circulation, ADA is considered a scarce resource. Technical indicators suggest the price will continue to rise, with the potential for a golden crossover and a breakout rally. Cardano's appeal goes beyond its technical performance, with upcoming developments, such as integrating a Bitcoin-focused decentralized financial system, boosting confidence in the project. The interest from institutional investors and the rarity of ADA further enhance Cardano's potential for long-term success in the cryptocurrency market.



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