<ul><li>Cardano (ADA) has surged to $1.14, its highest value since April 2022, marking a 215% increase over the month.</li><li>ADA's open interest has reached $991 million, the highest level since April 2021, indicating increased participation from institutional and retail traders.</li><li>Cardano's rally was fueled by the announcement of SEC Chairman Gary Gensler's departure, boosting investor confidence and sparking buying activity.</li><li>If ADA surpasses its resistance at $1.14, analysts predict targets at $1.25 and $1.53, potentially leading to a surge in price towards the $2 level.</li></ul>

Is Cardano Eyeing $2 as Its Next Resistance Level?

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