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Cardano ADA Targets $0.80: ETF Hopes and Reward Program Spark Bullish Momentum

  • Cardano's ADA token is showing bullish momentum, with its price above $0.695 resistance, aiming for a breakout towards $0.80.
  • Inclusion in the Nasdaq crypto index is boosting institutional interest in ADA.
  • Cardano launches a reward program for long-term token holders to recognize their support.
  • On-chain data and volume analysis indicate growing momentum behind ADA's recent rally.
  • ADA's price recovery signals potential for further gains after forming higher lows.
  • Institutional movements and ecosystem developments, such as ETF prospects, contribute to ADA's positive outlook.
  • ADA's inclusion in the Nasdaq Crypto US Settlement Price Index highlights increasing institutional adoption.
  • The ETF's potential expansion and a new ADA reward program are fostering community engagement and investor interest.
  • Cardano's current price is at $0.7134 with a 24-hour trading volume exceeding $787 million.
  • Bulls are eyeing the $0.80 milestone as ADA aims to maintain its position as a strong asset in the market.

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