Ali Martinez, a noted technical and on-chain analyst, has pointed out that Cardano has surged nearly 200% over the past three weeks. Despite this impressive rally, Martinez suggests that even greater gains may be on the horizon for Cardano (ADA).
The recent surge is occurring amidst a broader wave of market optimism, with altcoins gaining significant traction. Cardano, in particular, seems well-positioned to capitalize on this momentum and drive its value to new, remarkable heights.
Furthermore, the upcoming Cardano Summit 2024 is expected to potentially act as a catalyst for further driving ADA's price rally. This event might provide additional exposure and confidence in the network's prospects, contributing to ADA’s continued appreciation.