TL;DR
- Cardano (ADA) has surged 120% in two weeks, crossing $0.80. Analysts predict further gains.
- Speculation about a Cardano/Ripple alliance has fueled excitement, though no official announcement has been made yet.
ADA Keeps Pumping
Some of the leading altcoins, including Solana (SOL), Binance Coin (BNB), Ripple (XRP), and more, have registered minor losses in the past 24 hours. However, this is not the case with Cardano (ADA), which stands as the top-performing top 20 cryptocurrency today (November 20).
At the time of this writing, its price is above $0.80, the highest level witnessed since May 2022. The asset has been up a whopping 120% in the last two weeks, and its market capitalization is nearing $30 billion.
Many industry participants think ADA might record much more impressive gains during the ongoing bull cycle. The X user CryptosRus claimedthat the token’s valuation could skyrocket to $6 by July-September next year if it …