Cardano’s ADA token has surged 15% in the past 24 hours, trading at $0.7185 and reclaiming bullish momentum after breaking out of a descending wedge pattern. With over $1.7 billion in 24-hour trading volume—a 50.12% jump—ADA is now firmly positioned among the top 10 cryptocurrencies with a market cap of $25.4 billion.
This explosive rally comes as Bitcoin hits an all-time high of $118,000, drawing investor focus back to altcoins with strong fundamentals and upside potential. ADA’s breakout follows a bounce from a key Fibonacci support region and is now on track to challenge the $1 psychological level, followed by long-term targets above $3.
Made in America, Made for Altseason?
One of ADA’s most talked-about catalysts is its inclusion in a strategic reserve list associated with former U.S. President Donald Trump, marking it as a “Made in America” crypto asset. This symbolic status has boosted ADA’s narrative as a national blockchain asset, with some analysts projecting long-term targets as high as $100—provided Cardano secures ETF listings and enterprise integrations.
Such institutional interest and geopolitical support could unlock Cardano’s next wave of adoption across education, governance, and corporate ecosystems.
Technical Analysis: Breakout Validated, New Highs Possible
The ADA/USDT 2-week chart shows a bullish bounce from the 0.618–0.786 Fibonacci retracement zone, historically a demand region. After weeks of consolidation below $0.60 and multiple rejection wicks, ADA surged past $0.70, forming a 22% gain in the most recent candle.
With the golden ratio now reclaimed, upside momentum strengthens, especially if the bulls defend support in the $0.65–$0.70 region. The next technical targets include:
- $0.9989
- $1.2164
- $1.3795
If ADA clears the $1 barrier, the mid-term goal of retesting the $3 ATH becomes more plausible—and could ignite the path toward $100 in future market cycles.
While ADA Pumps, HYPER Delivers 349% APY in Presale
As ADA climbs, smart money is eyeing the Bitcoin Hyper (HYPER) presale. This new Layer 2 protocol aims to make Bitcoin faster and cheaper by leveraging high-performance tech inspired by Solana.
So far, Bitcoin Hyper has raised $2.37 million, and early adopters are earning 349% APY in staking rewards. At the current presale price of $0.012225, HYPER offers a low-entry opportunity before its listing price rises in the next 30 hours.
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