In the last few hours, Cardano (ADA) officially returned to the group of the ten largest cryptocurrencies by market capitalization. This comeback was driven by a widespread rally that pushed its price up by as much as 8%. After being briefly displaced by the Hyperliquid ecosystem, the network founded by Charles Hoskinson reclaimed the tenth position with a valuation exceeding $10.34 billion, benefiting from renewed investor confidence in higher-risk assets compared to Bitcoin’s more moderate growth.
The return to the Top 10 coincides with a phase of technical and fundamental optimism for the network, marked by a 19% increase in Open Interest (OI) for ADA futures. Additionally, the proximity of the Van Rossem hard fork—a critical update focused on enhancing node security and Plutus performance—reinforced the momentum. The launch of Node 10.7.0 will act as the starting point for this transition, consolidating the governance and scalability infrastructure of the blockchain.
In conclusion, Cardano’s ascent reflects a capital rotation toward altcoins in a market showing signs of an “altseason.” The next milestone for ADA will be the definitive implementation of the fork on the mainnet.
Source:http://coinmarketcap.com/currencies/cardano/
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