Cardano (ADA) has emerged as the top performer among the leading 10 cryptocurrencies over the past seven days, delivering explosive gains that have captured market attention.
During the weekly period, ADA has surged over 30%, matching XRP’s impressive performance, while outpacing Dogecoin’s 21% rally and Ethereum’s 19.6% advance.
This remarkable momentum has positioned the layer-1 blockchain within striking distance of Tron’s market position, separated by a $2 billion market capitalization gap.
With consistent daily trading volumes approaching $2 billion, numerous market analysts suggest ADA possesses the fundamental strength to reach $10 per token in the foreseeable future.
Cardano Technical Analysis: Cup-and-Handle Pattern Signals $2.65 ADA Breakout Incoming
ADA is currently positioned around $0.755, and has successfully reclaimed a critical demand zone and transformed it into a support level.
Fibonacci extension analysis projects bullish price targets at $1.01 (0.618 level), $1.15 (0.786 level), and $1.83 (1.618 level).
Source: TradingView
Should momentum persist, the price could potentially rally toward $2.65 based on the 2.618 Fibonacci extension.
Provided the price maintains its position above the neckline and sustains support within the $0.68–$0.72 range, the trajectory favors continued upward movement, with ADA potentially initiating a fresh bullish cycle.
If broader market sentiment remains strong, and Cardano adoption accelerates through real-world integrations and regulatory clarity, a long-term move toward $10 could come into view.
Cardano Foundation Puts ADA Investors at Peace with $695 Million Holding
Beyond price performance, the Cardano Foundation’s recent financial disclosure has further reinforced investor confidence in the asset’s long-term prospects.
The foundation revealed holdings of $659 million in assets, with 76.7% allocated to ADA, 14.9% in Bitcoin, and 8.3% maintained in cash or equivalent instruments.
These holdings have generated positive market sentiment as they demonstrate a substantial long-term commitment to the cryptocurrency ecosystem.
Altseason Alert: Best Wallet ($BEST) Raises $13.8M as Presale Hype Grows
With Bitcoin stealing the spotlight, smart investors know what usually comes next: altcoins start to run.
And during these phases, Initial Coin Offerings (ICOs) often deliver the biggest upside.
One standout right now is Best Wallet ($BEST), which has already raised $13.8 million as momentum builds.
The project has successfully raised $13.88 million during its ongoing presale phase, offering tokens at discounted rates before exchange listings.
Best Wallet Token (BEST) provides support for 60 different blockchains and delivers in-wallet benefits, streamlined DeFi access, and integrated swap functionality designed for the next generation of on-chain adoption.
Head to the Best Wallet website and connect your wallet to buy $BEST at its discounted price before the presale event ends.
You can download the Best Wallet app if you don’t have one and you can make your investment by either swapping crypto or by using a debit or credit card.
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