Cardano (ADA) Price surges 16%, returning to the top ten cryptocurrencies by market capitalization, climbing from $0.25 to nearly $0.312. The rally is mainly driven by the overall recovery of the cryptocurrency market and large whale purchases. Over the past six months, major wallets have bought more than 8.194 billion ADA, worth approximately $213.9 million. Trading volume also soared 181% to $1.15 billion, indicating strong buying interest. From a technical perspective, ADA has formed a compact triangle pattern near the $0.27 support level. If it breaks through $0.35, it could further rise toward the $0.70 region.

ADA-6.83%
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