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Cardano Price Soars Above $0.20 as RealFi Mainnet Launch Looms

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Cardano's price has surpassed $0.20 and is eyeing $0.25, thanks to its upcoming RealFi mainnet launch on October 1. The event will introduce USDr, a stablecoin backed by real-world assets, which is expected to boost decentralized finance activity on the network.

The price increase of 7% in 24 hours has technical indicators showing improving bullish momentum. However, a drop below $0.20 might weaken the recovery outlook.

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