Cardano (ADA) has broken past a key resistance level, trading around $0.79 at present.ADA's price surge is backed by increased institutional interest in smart contract platforms and strong fundamentals.The daily chart shows a bullish breakout with ADA price surpassing major moving averages and indicating potential targets at $0.88 and $1.00.On the hourly chart, ADA maintains an uptrend with possible upside targets at $0.82 and $0.85 if $0.80 support holds.