The Cardano and Ripple partnership opens new horizons... Are we seeing ADA at $1 soon?
ADA has seen a rise to $0.767, achieving daily gains of 3.8%, amid an increasing wave of optimism in the market.
The strong technical resistance level at $0.83 is considered a potential gateway for breaking the $1.00 barrier if it is consistently surpassed.
The new integration between XRP DeFi and the RLUSD token on the Cardano network enhances liquidity and expands interaction between blockchain chains.
Positive predictions regarding the possibility of launching ADA-specific ETFs support this trend, especially with recorded withdrawals exceeding $1 billion from exchanges.
Additionally, the total value locked (TVL) on the network has increased by 21%, reflecting growing activity in the decentralized finance (DeFi) sector.
In summary: If the pace of momentum and strategic alliances continues, surpassing the $1 barrier for ADA is no longer out of reach.