Cardano (ADA) surged 10% in 24 hours to break above 27 cents, reaching a new high since May and leading the crypto market rally.
Cardano's (ADA) token has surged 10% in the past 24 hours and 4% since UTC midnight, with its price exceeding 27 cents, reaching its highest level since May. Major cryptocurrencies like Bitcoin and Ethereum have only risen by 1% and 0.5%, respectively. The ADA rally may be attributed to the "RealFi" product announced on October 1, which allows users to utilize stablecoins for institutional credit to earn up to 9% annual yield, as well as the anticipated Dijkstra era scaling optimization update expected to launch in late 2026 to early 2027.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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