Cardano ($ADA ) demonstrates rapid growth: a new phase of development
Cardano (ADA) is experiencing a period of active growth, attracting the attention of investors and analysts. Over the past week, ADA has increased by more than 30%, breaking through a key resistance level and emerging from a multi-month downward channel. This has signaled a potential trend reversal and the beginning of a new growth phase.
Analysts expect that ADA could reach levels of $1.01, $1.15, and even $1.83 in the coming months if the current momentum is maintained. The $0.86 level is particularly important — its breakthrough could confirm the transition to an expansion phase.
Fundamental factors are also contributing to the growth. The Cardano Foundation recently released a financial report indicating that 76.7% of the fund's assets are held in ADA, highlighting a long-term belief in the Cardano ecosystem.
Against the backdrop of declining Bitcoin dominance, investors are increasingly turning their attention to quality altcoins. $ADA , with its scientific approach, energy-efficient consensus, and real use cases, has every chance of becoming a leader in the new growth cycle.
