Cardano (ADA) has quickly become a standout performer in the crypto top 10, gaining nearly 62% over the past 30 days. With ADA now approaching the critical $1 level, bullish sentiment continues to rise. Trading volume surged 20% in the last 24 hours, signaling heightened interest from both retail and institutional traders.
Technical signals remain strong: ADA has broken above $0.85 resistance, while EMA crossovers suggest continued upside potential. Open interest in ADA futures recently hit a record $1.7 billion, fueled partly by optimism following new U.S. crypto regulations.
Rumors of Apple Pay integration into Cardano’s dApps via CardanoKit have also sparked excitement, although official confirmation is pending.
Current predictions suggest ADA could soon target $1.18 — a 34% rise from current levels. While hitting $10 remains unlikely in the short term, ADA’s momentum and market optimism make further gains probable.
For traders looking to capitalize, CoinFutures offers up to 1,000x leverage on major cryptos like BTC, ETH, and soon ADA. The platform’s Auto Trade feature helps automate trades, letting users manage risks and lock profits during volatile conditions.
You might also like: Breaking ! Shiba Inu Price Analysis: 4 Breakout Signals Pointing to a Surge Toward $0.00002
