The current price of Cardano (ADA) is $0.75065 USD, with an increase of $0.01854 (2.53%) compared to the previous close.
Cardano (ADA)
$0.75
+$0.02
(+2.53 %)
Today
MAX
Recent analysis indicates that ADA is consolidating around $0.70, and it is expected that if it maintains this support, it could reach $0.85 in the short term. However, a drop below this level could take the price to $0.62.
CCN.com
Brave New Coin
tribuneindia.com
Additionally, the founder of Cardano, Charles Hoskinson, has highlighted the migration of the startup Haus from Ethereum to Cardano, which could strengthen the ecosystem and have a positive impact on the price of ADA.
CoinGape
In summary, although ADA shows signs of recovery and there are positive developments in its ecosystem, reaching the value of $1 will depend on maintaining key support levels and macroeconomic factors that influence the cryptocurrency market.