$ADA Cardano (ADA) is a proof-of-stake blockchain platform focused on scalability, sustainability, and decentralization. Founded by Charles Hoskinson, it uses the Ouroboros consensus algorithm, enabling secure and energy-efficient transactions. Recently, ADA surged due to its inclusion in Nasdaq’s Crypto US Settlement Price Index, boosting Wall Street visibility. The Cardinal Protocol launch enables BitcoinDeFi on Cardano, driving a 5.2% price increase to around $0.70. Whales accumulated 310 million ADA this month, signaling confidence. Analysts predict a potential breakout above $0.74, targeting $1.10-$2 in 2025, though resistance and low trading volume pose challenges.
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