Cardano Futures Surge to New Multi-Month High as Price Explodes Towards $1.10

Cardano futures trading experienced a significant surge, reaching $6.96 billion – the highest volume recorded in five months – fueled by growing trader interest and anticipation for a potential breakout. Analysts are optimistic about this development, with Ali Martinez highlighting a triangle breakout as a sign of short-term continuation. Dan Gambardello sees a resistance level near $1.25 acting as a crucial indicator for a broader bullish trend.