Cardano (ADA) is maintaining its position above $0.80, supported by a symmetrical triangle pattern, as the launch of Hydra Node 1.0 generates optimism. The new node's testing has demonstrated over 1 million transactions per second (TPS), boosting confidence in the network's scalability.
Despite the positive sentiment, Coinglass data indicates $1.41 million in net outflows, suggesting light accumulation without significant institutional involvement. ADA's price hovers around $0.815, with resistance at $0.839 and support at $0.80.
Cardano Holds Steady Above $0.80 Following Hydra Node 1.0 Launch
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