Cardano Faces Crucial Week Amid Fed Rate Decision, CLARITY Act Vote

Cardano's price prediction remains bullish above $0.2007, which it needs to hold as major market-moving events unfold this week.

A survey of 20 major Wall Street banks indicates that 16 expect a Federal Reserve rate hike, although some, including HSBC, expect the Fed to hold instead.

Cardano's developer activity has been strong, with 3,061 commits in the past 30 days, placing it third among major blockchains behind Ethereum and MultiversX.