Cardano Price Stabilizes Above $0.80 Following Hydra Node Launch

Cardano’s price remains stable near $0.80, hovering within a tightening symmetrical triangle pattern as traders await a breakout. The recent launch of Hydra Node 1.0 has significantly boosted the network’s scalability potential, surpassing one million transactions per second in tests. While investor activity is notable, institutional participation remains limited. The cryptocurrency trades steadily above $0.80 on Saturday, maintaining its position along an ascending trendline support and showing signs of consolidation after a volatile week.