Cardano’s Price Hits New High: $BEST Presale Reaches $16.5 Million

Cardano (ADA) has surged past the $4.50 mark, signaling a positive market sentiment driven by robust DeFi applications and increased institutional investment. On-chain data suggests ADA is entering an ‘opportunity zone,’ with a Market Value to Realized Value (MVRV) ratio around -9% to -19%, indicating potential for gains ahead. This momentum has been fueled by the successful presale of Best Wallet ($BEST), which has raised over $16.5 million in funding. This pre-sale, offering staking rewards up to 79% APY and incorporating advanced cryptography and DeFi functionality, positions it as a high-utility opportunity similar to early Trust Wallet and SafePal.