What is the Reason for the Rise ADA, Will It Continue?

[Midexmth]

Cardano's ADA token has experienced a remarkable 10% increase in the last 24 hours, reaching $0.90. But what's driving this sudden surge? Analysts point to a combination of factors, including the accumulation of whales, who now hold over $12 billion worth of ADA. On-chain activity is also high, indicating increasing interest from institutional investors.

 

*Will the Rise Continue?* Tagus Capital analysts believe that the momentum may be permanent, citing collaborations with the Trump administration for crypto-friendly policies. What do you think? Will Cardano's ADA continue to rise, or is this just a temporary surge? Share your thoughts!