Countdown to $10? ADA Narrows Near Range Highs as Secret Cardano-Solana Meetup Sparks Market Buzz ⋆ ZyCrypto

Cardano Whales Going Crazy On ADA Buys As Pundits Predict $4 ADA Price Explosion In 2024

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Cardano (ADA) is showing signs of consolidation, stabilizing near recent highs within a tightening intraday range.

Trading at $0.26 per CoinGecko data, ADA is testing key technical levels that could dictate its next move, says analyst GainMuse.

She highlights that a sustained move above $0.29 could push ADA toward new local highs, while a drop below $0.278 risks reversing the current recovery.

Source: GainMuse

Notably, Cardano’s short-term strength is essential, especially as CME futures may unlock significant institutional inflows, fueling bullish momentum toward $10.

Cardano and Solana Spark Cross-Chain Buzz After “Secret Dinner” Between Hoskinson and Liu

A potential catalyst for renewed crypto interest has emerged. Crypto analyst Leader Alpha reports that Cardano’s Charles Hoskinson and Solana Foundation’s Lily Liu met for a private dinner, discussing their ecosystems and finding common ground, hinting at a possible easing of tensions between the two communities.

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Recently, Charles Hoskinson announced the launch date for the privacy-focused Midnight chain, as NIGHT tokens are airdropped to Solana wallets, suggesting cross-chain collaborations that could energize both Solana and Cardano communities.

Why does this matter? Cardano’s stability near recent highs, supported by emerging cross-chain collaborations, could fuel both technical momentum and investor interest. 

Maintaining $0.25 strengthens the bullish recovery, while a break below risks further declines. Cross-chain developments may further boost ADA’s trajectory, merging technical signals with ecosystem-driven optimism.



Source: https://zycrypto.com/countdown-to-10-ada-narrows-near-range-highs-as-secret-cardano-solana-meetup-sparks-market-buzz/