The Cardano (ADA) ecosystem has witnessed a significant increase throughout the past week. Altcoin went from trading to $0.66 with a low of $0.59. During this period, the ADA jumped nearly 5%. This increase was not close to what assets recorded over the past year. At the beginning of 2024, the ADA was priced at $0.2799 before jumping to its $1.32 peak. The current price of assets is a big set for the market, but investors hope to rise sooner or later.
How much has Cardano risen over the past 24 hours?
The Cardano market has recorded a significant increase in the past 24 hours. During this period, assets have skyrocketed by nearly 6%. At the time of writing, the ADA priced at $0.6568.
Among this, the sentiment of the assets community seemed positive. The entire market appears to have been optimistic about the potential rise in the ADA. According to CoinmarketCap data, 89% of the 968.4K votes were bullish about the possibility of future Altcoin rise. However, there were also opponents in the market. 11% were not very sure about their upward trajectory.
Will Altcoin get back $1.5 in no time?
With the entire cryptocurrency market moving so slowly, Cardano’s rise above a dollar could take time. Data from Changelly reveals that assets will rise above this level in 2026. Additionally, Altcoin will regain $1.50 in 2027. Despite the last two years of waiting, the community will reach this high in January with the ADA. During this time, the asset reaches its maximum price of $1.54.
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