The Cardano (ADA) blockchain has surpassed $6 billion in transaction volumes within 24 hours, signaling increased interest in ADA by whales and large traders.
Cardano's Total Value Locked (TVL) has reached a one-month high, increasing from $190M to $215M in the last 24 hours.
ADA's price has gained 6% in the last 24 hours, reaching a two-week high of $0.35 and contributing to a market capitalization surge of $12.89 billion.
Technical analysis suggests that ADA's price could potentially gain 118% to $0.80, supported by bullish indicators like the MACD and a falling wedge pattern.