Cardano Price Surges Above One Dollar On 200% 30-Day Rally: What Is Going On With ADA?

Cardano (CRYPTO: ADA) is back above $1 after rallying over 200% over the past 30 days, significantly outperforming Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) in the process.

Cryptocurrency Price     Market Cap 24-Hour Trend 7-Day Trend 30-Day Trend
Cardano $1.02 $35.6 Billion +8.8% +23.5% +203.9%
Bitcoin $96,015.13 $1.9 Trillion +2.4% +2.2% +39.1%
Ethereum $3,560.54 $428.8 Billion +7% +15.9% +42%

Trader Notes: Crypto trader Dan Gambardello highlights a wave of optimism surrounding ADA, noting that many holders used this level to take profits, while others see the current consolidation as a setup for further gains.

He sees current consolidation and redistribution phase as a healthy step, paving the way for potential future growth toward $5 and …

Full story available on Benzinga.com

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