Cardano (ADA) surged 14.53% to $0.4518, significantly outperforming the broader cryptocurrency market's 6.8% rise. The increase in ADA's price was accompanied by a 48.11% boost in trading volume, reaching $969.06 million, indicating strong investor interest. The cryptocurrency successfully broke through the $0.44 resistance level.
Upcoming events are expected to further influence ADA's momentum. Coinbase is set to introduce 24/7 trading on December 5, and the launch of Midnight's token on December 8 is anticipated to drive additional market activity.
Cardano Jumps 14.53% to $0.4518 on Anticipated Developments
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