$ADA /USDT Lovelace Logic

ADA kicked off the session at $0.8035, surged to an intraday high of $0.8334, then pulled back to $0.7884 as traders locked in gains. Market sentiment remains cautiously bullish, buoyed by a solid 10%+ weekly gain and rising optimism following the approval of a $71 million core development budget, which boosts prospects for upcoming upgrades. A noticeable spike in trading volume—around $1.2 billion over the past 24 hours—signals heightened market engagement. RSI is likely hovering in the mid-60s, indicating healthy momentum without being overbought.