Cardano (ADA) has surged 25% in the last three days, reaching $0.43 and breaking a key resistance level active since June 2024.
Retail fear of missing out (FOMO) and increasing confidence from long-term holders are contributing to the upward trend of ADA.
Several large holders are moving their assets from exchanges to self-custody wallets, indicating a potential uptick in ADA's value.
Analysts predict ADA could reach targets such as $0.47, $2.77 (a 531% increase), $7.77 (a 1,700% increase), or even $10 by the end of the current cycle.