Cardano’s ADA Surges 30%: Can It Break $1 Next?

Cardano’s ADA Surges 30%: Can It Break $1 Next?
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Cardano’s native token ADA has surged 30% in a week, sparking speculation of a rally beyond $1. Analysts point to a key resistance level at $0.74 as the next hurdle. The surge follows a controversial treasury proposal to trade ADA for BTC and stablecoins.

  • ADA's price surged 30% in a week, testing a key resistance level at $0.74.
  • A treasury proposal to trade $100M ADA for BTC and stablecoins sparked debate but didn't halt the rally.
  • Charles Hoskinson dismissed fears of a price collapse, as ADA became the top performer among major cryptos.
Other Tags: Hype, DeFi, IOG
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