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Analysts forecast a potential surge in Cardano’s ADA token, with price targets ranging from $1.30 to a new all-time high above $4. The bullish outlook follows community approval of a $71 million funding proposal for network upgrades.
- ADA's price could surge to $1.30, $1.60, or even $4 if key resistance levels are broken.
- The Cardano community approved a $71 million funding proposal for network upgrades, including Hydra layer-2 enhancements.
- Analysts note chart patterns resembling the 2021 bull cycle, suggesting a potential major rally in the coming months.
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