#ada
Are bulls ready for the ADA rally?
Crypto traders supported the bullish price range of Cardano over the next two quarters. This follows an increase in institutional interest in the crypto market and a surge in decentralized finance (DeFi) activity. As traditional finance increases its crypto exposure, many investors are backing altcoins to lead the next bullish cycle.
Approval of spot ADA ETFs could serve as a catalyst for additional bullish pressure. Following the launch of Bitcoin products, traditional investors have increased their influence, driving the price to new all-time highs. Cardano and other altcoins may follow a similar trajectory.
