ADA Price Rises Amidst Controversy Resolution

Cardano’s native token, ADA, is experiencing a price surge after weeks of controversy surrounding the Cardano Foundation and its founder Charles Hoskinson. Despite earlier market fluctuations triggered by allegations of misuse of 300 million ADA tokens, recent developments have fueled optimism for a potential breakout to $1.50. The current price sits around $0.80, resting within a demand zone at $0.78, prompting analysts to anticipate a bullish momentum that could propel ADA prices higher.