Cardano’s Price Surge Signals Potential Gains: Bullish Breakout Expected

Cardano (ADA) has experienced a significant price surge, breaking out of a multi-month bullish flag pattern and hinting at potential gains of 100–150%. Analysts, including Clifton Fx, attribute this upward momentum to expanding decentralized finance (DeFi) applications and increased institutional investment in the cryptocurrency market. If the current momentum persists, ADA could reach the $1.60–$1.75 range, levels last seen during early 2024 gains.