Cardano $ADA Futures Soar to $6.96B, Eyeing a Potential $10 Price Target

Surge in Futures Volume: Cardano's futures trading volume has reached a 5-month high of $6.96 billion, indicating a potential shift in market sentiment and investor confidence.

Price Target Predictions: Analysts are speculating that Cardano could reach a price target of $10, drawing parallels to its previous bull run in 2021.

Bullish Market Phase: Following a breakout pattern, some analysts predict a bullish phase for Cardano with potential upside gains of 100–150%.

Current Trading Status: As of now, Cardano is trading at approximately $0.93, experiencing a slight decline of 3.35% in the last 24 hours, while futures volume continues to attract attention.