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Cardano Price Surges 25% Amid Network Upgrades and Whale Buying

Guavy AI Editorial Team
Instruments
ADA
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Cardano's ADA price surged over 25% in seven days, briefly surpassing $0.21 before settling near $0.20.

The rally is supported by recent network upgrades, including the Van Rossem hard fork and upcoming Ouroboros Leios upgrade, alongside strong accumulation by large holders.

Technical indicators show bullish momentum, but ADA faces resistance around $0.21-$0.22 and needs to hold $0.195 support to maintain the uptrend.

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