Cardano (ADA) Surges 10%—Is $1 the Next Stop?
Cardano’s ADA is riding a bullish wave, spiking 10% as traders eye the psychological $1 milestone. The third-gen blockchain—often dubbed the 'Ethereum killer'—is flexing its proof-of-stake muscles while Bitcoin maxis scoff. Here’s the breakdown.
Why the sudden pump?
Speculation’s boiling over ADA’s upcoming network upgrade, plus a fresh injection of institutional interest (or as we call it in crypto, 'whale-sized hopium').
The $1 question
ADA hasn’t kissed the dollar mark since the 2021 mania. But with staking yields juicing demand and Cardano’s devs shipping smart contract updates, the hopium tanks are full. Just don’t mention the gas fees—this isn’t Ethereum.
Bottom line: ADA’s got momentum, but in a market where 'fundamentals' means 'whatever pumps my bags,' tread carefully. Bonus jab: Wall Street still thinks 'staking' is something you do to vampires.