Cardano (ADA) has been experiencing a downtrend since March 2024, losing nearly 66% of its value. However, recent developments hint at a potential revival. The rise in Bitcoin (BTC) price could be a positive indicator for ADA.
Comparisons are being drawn to ADA's remarkable performance in Q4 2023, where it rallied by 166%. The crypto community is speculating whether Cardano is set to repeat this historical uptrend amid the current market conditions.
