ADA Jumps 18% Weekly While Major Alts Sleep: Is $0.30 Cardano Price Next?
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Broad crypto markets including BTC and larger-cap altcoins showed little weekly or monthly movement, but Cardano bucked the trend. Cardano's ADA rose 18% over the past seven days and briefly topped $0.20 for the first time in over two months despite founder Charles Hoskinson saying he'd take a break, a bullish price and adoption signal that nonetheless raises governance and leadership risk.
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Although there was some intra-week volatility for BTC and other larger-cap altcoins, most are closing in on another rather sluggish trading period, with little to no movements on a weekly (and even monthly) scale. Cardano’s native token, though, has defied this trend.
It has risen by 18% over the past seven days and briefly pushed above the psychologically important $0.20 level for the first time in over two months – or, just after Cardano founder Charles Hoskinson said he was going to take a break from the project.
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