Cardano Comeback | ADA Surges 300% with Major News! My ADA Price Prediction – $10🚀

Cardano Comeback | ADA Surges 300% with Major News! My ADA Price Prediction – $10🚀

0:00 Introduction
4:32 ADA Price Overview
5:00 Cardano Latest News
9:44 ADA Price Predictions

Cardano has exceeded expectations this past month, not only keeping pace with but outperforming the broader crypto market.

Cardano (ADA) has jumped 296% in the last month, reaching $1.31 — a price not seen since April 2022.
Concurrently, ADA whales have increased their holdings. Data reveals that addresses with 100 million to 1 billion ADA coins have collectively purchased $276 million worth of ADA in the last seven days. Such whale activity often predicts positive future price movements, enhancing market demand as it reduces the available supply when these investors hold more.

Cardano has been gaining significant influence owing to a string of strategic alliances, technological improvements, and expanded government involvement. Lately, the chain’s creator, Charles Hoskinson, also took an active role in engaging the U.S. policy discussions. That is where this push brought Cardano’s native coin, ADA, up to light.

Recently, ADA price spiked 35% on November 10, 2024, following Hoskinson’s announcement that he is committed to shaping the crypto policy of the United States. The involvement of Hoskinson also aligns with the increased scrutiny that the U.S. government has been calling for in the crypto sector. Such scrutiny is likely to cool down under a Trump administration.

Currently, legislative conversation is focused on how to continue the development of blockchain innovations while ensuring the safety concerns of consumers. “I’m going to be spending quite a bit of time working with lawmakers in Washington DC and quite a bit of time with members of the administration to help foster and facilitate with other key leaders in industry the crypto policy,” Hoskinson said in a video on X.

In January, Hoskinson’s company Input Output‘s Policy initiative will launch “Operation Baseline,” a project to survey the US crypto landscape, identify inefficiencies, and propose actionable policies. He plans to share these findings with lawmakers and the new Crypto-Czar to ensure clear objectives for regulatory reforms.

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Cardano has also formed partnerships across different sectors and regions. These collaborations include a new partnership with the Dubai government. It will indeed place the network in an even more preferable position for increased adoption within a region known to be very forward-thinking when it comes to blockchain.

Meanwhile, the Cardano Foundation has started discussions with NASA. This integration can potentially have large implications for using blockchain in the future to power missions within space exploration.
Whilst, Cardano is talking with a prestigious university in South America to create academic programs.

An important name in the chain of partnerships is that of Argentina’s newly elected President Javier Milei. Cardano reportedly is in talks with the administration of President Milei, which might work towards blockchain adoption in Argentina. It has been enabled by Cardano’s Partnerchain framework which allows trustless interoperability with all layer one blockchains.

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