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TronWeekly

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Cardano’s Market Cap Grows by $1.8 Billion in 24 Hours As ADA ETF Odds Hit 89%

  • Cardano's market cap increased by $1.8 billion within 24 hours, with ADA surging 10.28% to reach a market cap of over $24.3 billion.
  • Technical indicators suggest a bullish market continuation, as all major EMAs have turned positive, indicating favorable momentum.
  • Institutional interest in Cardano has grown following the Reeve launch and increasing odds of ADA ETF approval, now at 89%.
  • This surge in market cap, volume, and open interest is reinforcing a bullish trend in anticipation of potential ETF releases and new utility announcements for Cardano's ecosystem.

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