#ADA
😊 Cardano (ADA) reached the 8th position in the cryptocurrency ranking by market capitalization, surpassing Dogecoin (DOGE) and TRON (TRX). With a market capitalization of approximately **$33 billion**, ADA surpassed rivals like DOGE ($32 billion) and TRON (close to $33 billion). This movement occurred amid broader market volatility, with Bitcoin hitting historical records before correcting.
The price of ADA reached **$0.9225**, with an increase of 0.35% on the day and gains of **16% for the week**. Analysts project targets of **$1.20** in the short term and **$2.91** in the long term, citing technical indicators such as a "golden cross" and increased institutional interest. The community celebrated, with Charles Hoskinson marking the symbolic moment of ADA touching US$ 1 again on August 14.
