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ADA, Cardano’s token, has seen a 10% weekly increase, with a 23% rise in address activity and a 32% increase in whale transactions, indicating heightened interest and activity.
Price projections for ADA vary, with one analyst suggesting a 40% rise due to transaction volume growth, while another is more optimistic, predicting a surge to almost $10 by the end of 2024.
The most ambitious prediction comes from a user who believes ADA could reach $30, buoyed by Cardano’s active development community and global inflation potentially driving the crypto market cap to $10 trillion within the decade.Currently, ADA is worth approximately $0.32 (per CoinGecko’s data), with some analysts predicting a further rally in the future. The X (Twitter) user John Morgan shared research that estimated that the asset might soar more than 40% based on the rapid surge of transaction volume involving the coin.

Another analyst, using the handle Ali, was more bullish, believing ADA has a chance to skyrocket to almost $10 by the end of 2024
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