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Cardano (ADA) founder announced the launch of Cardinal, a DeFi protocol built to enable Bitcoin holders to access services like staking and lending. Following the announcement, the ADA price, which has dropped by over 10% in the past month, started looking bullish. Now the weekly charts show a 5% increase and about a 2% increase in the past 24 hours. Could the Cardinal news push ADA price higher?
Cardano (ADA) founder announced the launch of Cardinal, a DeFi protocol built to enable Bitcoin holders to access services like staking and lending. Following the announcement, the ADA price, which has dropped by over 10% in the past month, started looking bullish. Now the weekly charts show a 5% increase and about a 2% increase in the past 24 hours. Could the Cardinal news push ADA price higher?