Cardano Price Soars After Breaking Key Resistance

The Cardano (ADA) price has surged after breaking above the $0.2115 level, and is now targeting the next resistance at $0.23.

According to a recent prediction, if ADA holds above $0.2115 and breaks through $0.23, it could reach as high as $0.24 or even $0.258.

The catalysts for this price increase include growing on-chain activity, with Cardano DEX volume reaching $7.28 million, triple its earlier level, and TVL increasing by 31.34 million ADA in less than two weeks.

Additionally, the planned October 1 RealFi mainnet launch is another potential catalyst for the price increase.