Cardano Price Poised to Surpass $0.30 With New Partnership, Whale Accumulation and Network Growth

Cardano announced a partnership with Institute of Blockchain Singapore, which could boost network activity.

Cardano has seen high network activity recently, with over 30k active addresses daily. Past trends show this level of activity can drive prices over $0.30.

Whales have acquired 80 million ADA coins worth $24 million in the past 9 days, signaling confidence in further price increases.

Price analysis suggests ADA will likely break $0.30 soon and head towards $0.35, with support at $0.27 from 361k addresses.

The partnership announcement coincides with existing bullish indicators like network activity and whale accumulation, which could propel ADA above $0.30.