Cardano (ADA) has surged 86% in the past 7 days, becoming the ninth-largest cryptocurrency with a market cap of $21.51 billion.The rally was driven by retail FOMO, as trading volumes and ADA addresses increased significantly.Analysts predict that Cardano is following a similar pattern to its 2020 bull run, with potential for further gains and a new all-time high.The derivatives market shows increased open interest, indicating growing bullish sentiment and potential for sustained uptrend.