Cardano ($ADA) is regaining market attention. With the price approaching the $1 zone, the blockchain shows a rebound in volume and institutional confidence that could signal the start of a decisive rally.
Market Signals
Explosive volume: ADA's daily trading reached $2.5B, a jump that reflects strong interest from investors.
Key support: ADA holds firm in the $0.85–$0.90 zone, showing solid demand at critical levels.
Immediate resistance: breaking $1 would open the way to a target range of $1.15–$1.25 in the short term.
The ETF Factor
Rumors about a Spot ETF for Cardano are intensifying, with predictions giving it up to an 89% chance of approval according to PolyMarket.
If confirmed, it would be a game changer for ADA's liquidity.
It would boost institutional interest and reinforce the narrative of Cardano as one of the leading blockchain ecosystems alongside Ethereum and Solana.
Expanding Ecosystem
Beyond the price, Cardano continues to consolidate its infrastructure:
Growth in DeFi, staking, and smart contracts.
Expansion of native projects that attract new developers and users.
Active community that has kept ADA as one of the most resilient top altcoins in the market.
Points to Watch
A failed breakout at $1 could bring the price back to $0.85 or even $0.70.
ETF rumors are still not a certainty; a rejection by the SEC would generate bearish pressure.
The volatility of altcoins during hype seasons can lead to sharp movements in both directions.
Conclusion
Cardano is at a decisive zone: with the rumor of the ETF and increasing volume, ADA could be on the verge of its next major rally. If the bulls maintain control, surpassing one dollar could mark the beginning of a new bullish phase.
👉 Will ADA be the next altcoin to lead the crypto market?
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