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Cardano Price Prediction: ADA Set for Major Boost as $2.91 Target Gains Momentum

  • Cardano ($ADA) is gaining momentum as market participants turn cautious after recent exploits on other chains, with its clean security record and technical setups attracting attention.
  • Cardano has never experienced a hack or network downtime since 2017, which is drawing positive attention in the current market climate.
  • ADA's price action is showing strength after breaking out of a long-standing downward channel, backed by growing confidence in Cardano's fundamentals following the SUI hack.
  • High trading volumes on the ADA/JPY pair and positive technical signals on the ADABTC pair indicate a potential bullish momentum for Cardano in the short and long term.

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