Cardano’s ADA is on a bullish tear, skyrocketed over 21% in 24 hours to reach $0.75, a level not seen since March. With a weekly gain nearing 70%, ADA’s market cap now exceeds $26.5 billion, supported by a 24-hour trading volume of nearly $5.8 billion.
The catalyst behind this surge seems to be Charles Hoskinson’s recent cryptic statements. In a video posted on X, Cardano’s founder shared that he had visited SpaceX to meet Elon Musk’s team.
Though the discussions remain under wraps due to an NDA, Hoskinson hinted at significant developments that sparked excitement among the Cardano community.
The buzz comes after a similar spike last week when Hoskinson expressed intentions to collaborate with the Trump administration for crypto-friendly policies. The anticipation around Cardano’s ecosystem growth continues to draw attention.
Hoskinson further fueled community optimism by celebrating Cardano’s network of entrepreneurs and developers, calling it “the best community.” This blend of speculation and faith in the project appears to be propelling ADA’s momentum as investors eagerly await further announcements.
Also Read: Pepe Coin Soars 85% Following Coinbase Listing News
