#StrategyBTCPurchase $ADA
Cardano (ADA) has experienced a notable price increase of over 10%, rising above the key $0.38 level after reclaiming strong support at $0.35, signaling renewed bullish momentum in the market. This rally has been largely driven by Bitcoin’s surge beyond $90,200, which improved overall investor sentiment across cryptocurrencies and boosted trading activity in ADA, with volumes exceeding $770 million in 24 hours. On-chain data also shows a 7% increase in Cardano’s decentralized finance total value locked, indicating growing ecosystem engagement, while its market capitalization has climbed to approximately $13.6 billion, restoring its position among the top 10 cryptocurrencies. Overall, the article concludes that Cardano’s recent performance reflects improving confidence and breakout potential, though continued gains remain dependent on holding key support levels and sustained strength in the broader crypto market.
