📣#CardanoStablecoin"

Cardano's price has increased by nearly 10% in the past week, driven by a growing network activity and long-term holding trends. The overall market recovery and strengthening on-chain fundamentals indicate a potential sustained upside for ADA. The rise in active addresses on the Cardano network by 12% over the last seven days reflects a surge in demand for the Layer-1 coin. This uptrend signals growing investor interest and could lead to a continuous price rally. Additionally, the number of new addresses on the network has also risen by 5%, suggesting the entry of new investors. With investors holding onto ADA for longer periods, there is a bullish momentum building up. The current price of ADA is $0.76, with a potential to reach $0.97 if the buying pressure continues. However, profit-taking could lead to a price dip to $0.64.

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