Cardano Price Climbs Toward $1: Will Smart Money’s Caution Hold?

Cardano (ADA) has seen a significant surge in price, reaching new highs and hitting $1 as the next logical target. However, a cautious approach from ‘smart money’ investors suggests a potential cooldown period before this milestone is reached. 7-day trading data shows a remarkable 12.6% increase in ADA’s value, driven by broader crypto market growth and increased DeFi activity. This upward trend has attracted significant attention but some key factors might impact the price trajectory. On-chain indicators suggest a possible short-term pause before the next leg higher. ]