Cardano (ADA) Soars 13,4% and Recovers $1 Mark
- Cardano surpasses $1, grows 24,1% in the week.
- Break of the 100-day SMA reinforces the uptrend.
- Bitcoin DeFi integration expands Cardano’s potential.
The cryptocurrency market started 2025 with a bang, and Cardano (ADA) showed remarkable performance ao surpass the psychological $1 per unit mark, marking an impressive 13,4% growth in 24 hours and accumulating a 24,1% increase in the last week. This advance reflects strong market interest amid favorable technical conditions and renewed optimism in the sector.
At the time of publication, the price of Cardano was quoted at US$1,10 with an increase of 15.3% in the last 24 hours.
In recent weeks, ADA has broken through significant technical barriers such as the 50-day simple moving average (SMA), consolidating its position above $1, a key resistance. Currently trading at $1,08, the cryptocurrency faces further challenges at levels such as $1,12 and $1,18, while technical indicators such as the relative strength index (RSI) signal continued bullish sentiment.
Furthermore, the recent integration of the Bitcoin-focused DeFi ecosystem into the Cardano network has caught the attention of investors. The interconnection with Bitcoin’s market liquidity, combined with Cardano’s scalable infrastructure, strengthens its competitiveness in the development of decentralized applications (DApps).
The break above the 100-day simple moving average is another important milestone, signaling sustained upside potential. Historically, this moving average acts as a key resistance indicator, and its breakout suggests growing buyer interest and a possible push toward targets like $1,26.
Meanwhile, the recently announced CIP-113 proposal promises ecosystem advancements including programmable assets, smart accounts, and enhanced security, aligning with Cardano’s plan to become a multi-stakeholder network. Additionally, the increase in the number of daily and monthly active addresses points to increased network activity, comparable to 2021, when ADA surpassed the $3 mark.
While the current trajectory is promising, the sustainability of this move depends on a combination of technical factors and broader market conditions. Maintaining the trend above $1 will be crucial to pushing ADA to new heights.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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